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H2O DAO to Azerbaijani Manat Converter and calculator

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Convert 1H2O DAO (H2O) to Azerbaijani Manat (AZN) equals ₼ 0.1151 | Bitget
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Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of H2O DAO(H2O) to Azerbaijani Manat(AZN). This is the real-time data. The current conversion shows 1 H2O at a value of 1 H2O for 0.12 AZN . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

AZN information

About Azerbaijani Manat (AZN)

Azerbaijan's official currency is the Manat (AZN), which is commonly abbreviated as AZN and represented by the symbol ₼. The Manat is comprised of 100 qəpik, which are smaller units of currency.

Historical Background

The original Azerbaijani Manat was first issued in 1919 but was replaced by the Soviet Ruble in 1923. The reintroduction of the Manat in 1992 was a significant step in post-Soviet Azerbaijan’s economic transformation. It signified the nation's departure from the Soviet economic system and was instrumental in laying the foundation for an independent monetary policy.

Design and Symbolism

The design of the Azerbaijani Manat incorporates elements that reflect Azerbaijan’s history, culture, and economic aspirations. Banknotes and coins feature prominent Azerbaijani figures, architectural landmarks, and symbols representing the country's rich cultural heritage and natural resources. These designs serve not only as a medium for financial transactions but also as reminders of the nation's unique identity and pride.

Economic Role

The Manat plays a central role in Azerbaijan’s economy, which is heavily influenced by oil and natural gas production. As the primary currency, it underpins the energy sector, which dominates the economy, and facilitates other key sectors like agriculture, manufacturing, and tourism. The stability of the Manat is crucial for the country's economic health and investor confidence.

Monetary Policy and Stability

Managed by the Central Bank of Azerbaijan, the Manat has experienced various challenges, including inflation and currency devaluation. The bank's monetary policies aim to stabilize the currency, control inflation, and foster a healthy economic environment conducive to growth and investment.

International Trade and the Azerbaijani Manat

In international trade, the stability of the Manat is crucial, particularly for Azerbaijan’s oil and gas exports. A stable Manat is vital for maintaining competitive prices in global markets and for managing the import of goods and services.

Remittances and Economic Impact

Remittances from Azerbaijanis living abroad, particularly in Russia, Turkey, and Europe, are a significant source of foreign income. These remittances, converted into Manats, support families and contribute to the national economy, providing a vital economic buffer.

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Bitget crypto-to-fiat exchange data shows that the most popular H2O DAO currency pair is the H2O to AZN, with for H2O DAO's currency code being H2O. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for AZN.

H2O to AZN conversion rate trend

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In the past 1D, H2O DAO has changed +4.69% to AZN. Based on the trend and price charts, H2O DAO(H2O) has changed +4.69% to AZN while Azerbaijani Manat(AZN) has changed % to H2O in the last 24 hours.

H2O to AZN market statistics

H2O/AZN:
₼ 0.1151
H2O 24h volume:
₼ 972,094.12
H2O market cap:
₼ 94,968,114.35
H2O circulating supply:
825.00M H2O

Current H2O to AZN exchange rate

H2O DAO to Azerbaijani Manat is falling this week.
H2O DAO's current market price is ₼ 0.1151 per H2O, with a total market cap of ₼ 94,968,114.35 AZN based on a circulating supply of 825,000,000 H2O. The trading volume of H2O DAO has changed by +0.21% (₼ 2,032.28 AZN) in the last 24 hours. Last trading day, H2O's trading volume was ₼ 970,061.84.

H2O to AZN Conversion tables

The exchange rate of H2O DAO is decreasing.
1 H2O is currently valued at ₼ 0.1151 AZN , which means buying 5 H2O will cost ₼ 0.5756 AZN . Similarly, ₼1 AZN can be traded for 8.69 H2O, and ₼50 AZN can be converted to 434.36 H2O, excluding any platform or gas fees.
The exchange rate of 1 H2O to Azerbaijani Manat has changed by -18.47% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.69%, reaching a high of 0.1160 AZN and a low of 0.1090 AZN . One month ago, the value of 1 H2O was ₼ 0.1316 AZN , which represents a -12.55% change from its current value. Over the last year, H2O DAO has changed by
-
0.2538AZN
, resulting in a change of -68.78% in its value.

H2O to AZN

Amount
19:17 today
0.5 H2O
0.05756
1 H2O
0.1151
5 H2O
0.5756
10 H2O
1.15
50 H2O
5.76
100 H2O
11.51
500 H2O
57.56
1000 H2O
115.11

AZN to H2O

Amount19:17 today
0.5AZN4.34  H2O
1AZN8.69  H2O
5AZN43.44  H2O
10AZN86.87  H2O
50AZN434.36  H2O
100AZN868.71  H2O
500AZN4,343.56  H2O
1000AZN8,687.13  H2O
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H2O to AZN Today vs. 24 hours ago

Amount19:17 today24 hours ago24h change
0.5 H2O₼0.05756₼0.05497
+4.69%
1 H2O₼0.1151₼0.1099
+4.69%
5 H2O₼0.5756₼0.5497
+4.69%
10 H2O₼1.15₼1.1
+4.69%
50 H2O₼5.76₼5.5
+4.69%
100 H2O₼11.51₼10.99
+4.69%
500 H2O₼57.56₼54.97
+4.69%
1000 H2O₼115.11₼109.95
+4.69%

H2O to AZN Today vs. 1 month ago

Amount19:17 today1 month ago1M change
0.5 H2O₼0.05756₼0.06582
-12.55%
1 H2O₼0.1151₼0.1316
-12.55%
5 H2O₼0.5756₼0.6582
-12.55%
10 H2O₼1.15₼1.32
-12.55%
50 H2O₼5.76₼6.58
-12.55%
100 H2O₼11.51₼13.16
-12.55%
500 H2O₼57.56₼65.82
-12.55%
1000 H2O₼115.11₼131.64
-12.55%

H2O to AZN Today vs. 1 year ago

Amount19:17 today1 year ago1Y change
0.5 H2O₼0.05756₼0.1845
-68.78%
1 H2O₼0.1151₼0.3689
-68.78%
5 H2O₼0.5756₼1.84
-68.78%
10 H2O₼1.15₼3.69
-68.78%
50 H2O₼5.76₼18.45
-68.78%
100 H2O₼11.51₼36.89
-68.78%
500 H2O₼57.56₼184.47
-68.78%
1000 H2O₼115.11₼368.93
-68.78%

How to convert H2O to AZN

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Convert H2O to AZN
Use a variety of payment options to buy H2O DAO on Bitget. We'll show you how.

Buy H2O (or USDT) for AZN (Azerbaijani Manat) offers

Bitget P2P trading does not currently support direct buying of H2O with AZN. However, you can buy USDT in Bitget P2P trading first, and then buy H2O with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
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Sell H2O (or USDT) for AZN (Azerbaijani Manat) offers

Bitget P2P trading currently does not support direct selling of H2O to AZN. However, you can first exchange H2O for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
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What factors influence the conversion rate of H2O to AZN?

There are many factors that affect the relationship between H2O DAO and Azerbaijani Manat, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of H2O/AZN. When there is positive news in the market about the widespread adoption of H2O or major technological breakthroughs, it tends to trigger market optimism and drive the rise of H2O/AZN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in H2O/AZN.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of H2O/AZN. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of H2O DAO and adjust their investment strategies accordingly in the evolving market.

H2O DAO price prediction

What will the price of H2O be in 2026?

Based on H2O's historical price performance prediction model, the price of H2O is projected to reach $0.07341 in 2026.

What will the price of H2O be in 2031?

In 2031, the H2O price is expected to change by -3.00%. By the end of 2031, the H2O price is projected to reach $0.09973, with a cumulative ROI of +54.98%.

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FAQ

What is a cryptocurrency calculator?

A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.

How does a cryptocurrency calculator work?

A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between H2O DAO and AZN.

How accurate is a cryptocurrency calculator?

Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as H2O DAO and AZN. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.

Can I trust the results of a cryptocurrency calculator?

While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.

Can I use a cryptocurrency calculator for tax purposes?

Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.

Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?

If you want to know the value of H2O DAO in AZN, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.