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PRL to AZN Converter and calculator

PRL/AZN: 1 PRL = 0.0009512 AZN. The price of converting 1 The Parallel (PRL) to Azerbaijani Manat (AZN) is 0.0009512 AZN today.
PRL
PRL
AZN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides PRL to AZN real-time exchange rates, making it easy to convert The Parallel (PRL) to Azerbaijani Manat (AZN). The conversion result is based on real-time data. The conversion result shows that 1 PRL is currently valued at 0.00 AZN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PRL is currently valued at 0.00 AZN, which means buying 5 PRL would cost 0.00 AZN. Similarly, ₼1 AZN can be converted to 1,051.3 PRL, and ₼50 AZN can be converted to 5,256.48 PRL, excluding any platform or gas fees.

Convert PRL to AZN

Convert AZN to PRL

The Parallel
Azerbaijani Manat
In the table above, you'll find a comprehensive PRL to AZN converter that shows the value of The Parallel in Azerbaijani Manat across commonly used conversion amounts. The list covers conversions from 1 PRL to AZN, all the way up to 10000 PRL, providing a clear view of their respective values.
Azerbaijani Manat
The Parallel
1000 AZN
1,051,296.95 PRL
2000 AZN
2,102,593.9 PRL
5000 AZN
5,256,484.75 PRL
10000 AZN
10,512,969.5 PRL
50000 AZN
52,564,847.49 PRL
100000 AZN
105,129,694.97 PRL
In the table above, you'll find a comprehensive AZN to PRL converter that shows the value of Azerbaijani Manat in The Parallel across commonly used conversion amounts. The list covers conversions from 1 AZN to PRL, all the way up to 100000 AZN, providing a clear view of their respective values.

PRL to AZN chart

PRL/AZN: 1 PRL = 0.0009512 AZN; 2025/04/27 07:23:55
In the past 1D, The Parallel has changed -0.19% to AZN. Based on the trend and price charts, The Parallel(PRL) has changed -0.19% to AZN while Azerbaijani Manat(AZN) has changed % to PRL in the last 24 hours.
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PRL to AZN conversion data: Volatility and price changes of The Parallel in AZN

The highest The Parallel price in AZN over the past 7 days was 0.0009538 AZN while the lowest The Parallel price in AZN over the past 7 days was 0.0009479 AZN. The relative change between the highs and lows in The Parallel price in AZN over the last 7 days indicates a volatility of %. You can view additional volatility data and PRL to AZN prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.0009535 AZN
0.0009538 AZN
0.0009654 AZN
0.0009817 AZN
Low
0.0009506 AZN
0.0009479 AZN
0.0009479 AZN
0.0009479 AZN
Average
0 AZN
0 AZN
0 AZN
0 AZN
Volatility
%
%
%
%
Change
-0.19%
+0.01%
-1.37%
-1.21%

The Parallel information

PRL to AZN market statistics

PRL/AZN:
₼0.0009512
PRL 24h volume:
--
PRL market cap:
--
PRL circulating supply:
0 PRL

Current PRL to AZN exchange rate

The Parallel to Azerbaijani Manat is rising this week.
The Parallel's current market price is ₼0.0009512 per PRL, with a total market cap of ₼0 AZN based on a circulating supply of -- PRL. The trading volume of The Parallel has changed by 0.00% (₼0 AZN) in the last 24 hours. Last trading day, PRL's trading volume was ₼0.

More info about The Parallel on Bitget

Azerbaijani Manat 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.

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

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How to convert PRL to AZN

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PRL to AZN Conversion tables

The exchange rate of The Parallel is decreasing.
The exchange rate of 1 PRL to Azerbaijani Manat has changed by +0.01% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.19%, reaching a high of 0.0009535 AZN and a low of 0.0009506 AZN . One month ago, the value of 1 PRL was ₼0.0009645 AZN , which represents a -1.37% change from its current value. Over the last year, The Parallel has changed by
-
0.0002678AZN
, resulting in a change of -21.96% in its value.
24 hours ago1 month ago1 year ago
Amount07:23 am today24 hours ago24h change
0.5 PRL₼0.0004756₼0.0004765
-0.19%
1 PRL₼0.0009512₼0.0009530
-0.19%
5 PRL₼0.004756₼0.004765
-0.19%
10 PRL₼0.009512₼0.009530
-0.19%
50 PRL₼0.04756₼0.04765
-0.19%
100 PRL₼0.09512₼0.09530
-0.19%
500 PRL₼0.4756₼0.4765
-0.19%
1000 PRL₼0.9512₼0.9530
-0.19%

PRL to AZN FAQ

How much is 1 The Parallel in AZN?
Right now, the price of 1 The Parallel (PRL) in Azerbaijani Manat (AZN) is ₼0.0009512.
How much PRL can I buy for 1 AZN?
Based on the current exchange rate, you can get 1,051.3 PRL for 1 AZN.
How do I calculate or convert PRL to AZN?
You can use our PRL to AZN calculator at the top of this page to convert any amount of PRL to AZN. We've also included quick-reference tables for the most popular conversions. For example, 5 AZN is equivalent to 5,256.48 PRL, while 5 PRL will cost around 0.004756AZN.
What is the highest price of PRL/AZN in history?
The all-time high price of 1 PRL in AZN is ₼1.23. It remains to be seen if the value of 1 PRL/AZN will exceed the current all-time high.
What is the price trend of The Parallel in AZN?
Over the past 7 days, the exchange rate of The Parallel (PRL) has gone up by 0.01%.   Over the last month, the exchange rate of The Parallel (PRL) has gone down by 1.37% against Azerbaijani Manat (AZN).

What factors influence the conversion rate of PRL to AZN?

There are many factors that affect the relationship between The Parallel 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 PRL/AZN. When there is positive news in the market about the widespread adoption of PRL or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PRL/AZN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PRL/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.
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 PRL/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 The Parallel and adjust their investment strategies accordingly in the evolving market.

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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.