UMI
AZN
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Umi Digital(UMI) to Azerbaijani Manat(AZN). This is the real-time data. The current conversion shows 1 UMI at a value of 1 UMI for 0.00 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.
Bitget crypto-to-fiat exchange data shows that the most popular Umi Digital currency pair is the UMI to AZN, with for Umi Digital's currency code being UMI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for AZN.
UMI to AZN conversion rate trend
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In the past 1D, Umi Digital has changed -0.38% to AZN. Based on the trend and price charts, Umi Digital(UMI) has changed -0.38% to AZN while Azerbaijani Manat(AZN) has changed % to UMI in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ₼0.{5}1811 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/03 08:35:21(UTC+0)
How to buy Umi Digital
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Buy Umi Digital (UMI)
Use a variety of payment options to buy Umi Digital on Bitget. We'll show you how.
Buy UMI (or USDT) for AZN (Azerbaijani Manat) offers
Bitget P2P trading does not currently support direct buying of UMI with AZN. However, you can buy USDT in Bitget P2P trading first, and then buy UMI with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell UMI (or USDT) for AZN (Azerbaijani Manat) offers
Bitget P2P trading currently does not support direct selling of UMI to AZN. However, you can first exchange UMI for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
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What factors influence the conversion rate of Umi Digital to Azerbaijani Manat?
Umi Digital to Azerbaijani Manat is falling this week.Umi Digital's current market price is ₼ 0.{5}1811 per UMI, with a total market cap of ₼ 0 AZN based on a circulating supply of -- UMI. The trading volume of Umi Digital has changed by -100.00% (₼ -- AZN) in the last 24 hours. Last trading day, UMI's trading volume was ₼ --.
Market cap
$0
24h volume
$0
Circulating supply
0 UMI
Conversion tables
The exchange rate of Umi Digital is increasing.1 UMI is currently valued at ₼ 0.{5}1811 AZN , which means buying 5 UMI will cost ₼ 0.{5}9055 AZN . Similarly, ₼1 AZN can be traded for 552,164.02 UMI, and ₼50 AZN can be converted to 27,608,201 UMI, excluding any platform or gas fees.
The exchange rate of 1 UMI to Azerbaijani Manat has changed by -0.90% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.38%, reaching a high of 0.{5}3688 AZN and a low of 0.{5}1671 AZN . One month ago, the value of 1 UMI was ₼ 0.{5}1352 AZN , which represents a +34.83% change from its current value. Over the last year, Umi Digital has changed by , resulting in a change of +25.34% in its value.
+₼
0.{7}1897AZNUMI to AZN
Amount
12:14 today
0.5 UMI
₼0.{6}9055
1 UMI
₼0.{5}1811
5 UMI
₼0.{5}9055
10 UMI
₼0.{4}1811
50 UMI
₼0.{4}9055
100 UMI
₼0.0001811
500 UMI
₼0.0009055
1000 UMI
₼0.001811
AZN to UMI
Amount12:14 today
0.5AZN276,082.01 UMI
1AZN552,164.02 UMI
5AZN2,760,820.1 UMI
10AZN5,521,640.2 UMI
50AZN27,608,201 UMI
100AZN55,216,402 UMI
500AZN276,082,009.98 UMI
1000AZN552,164,019.97 UMI
Today vs. 24 hours ago
| Amount | 12:14 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 UMI | $0.{6}5327 | $0.{6}5346 | -0.38% |
| 1 UMI | $0.{5}1065 | $0.{5}1069 | -0.38% |
| 5 UMI | $0.{5}5327 | $0.{5}5346 | -0.38% |
| 10 UMI | $0.{4}1065 | $0.{4}1069 | -0.38% |
| 50 UMI | $0.{4}5327 | $0.{4}5346 | -0.38% |
| 100 UMI | $0.0001065 | $0.0001069 | -0.38% |
| 500 UMI | $0.0005327 | $0.0005346 | -0.38% |
| 1000 UMI | $0.001065 | $0.001069 | -0.38% |
Today vs. 1 month ago
| Amount | 12:14 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 UMI | $0.{6}5327 | $0.{6}3977 | +34.83% |
| 1 UMI | $0.{5}1065 | $0.{6}7955 | +34.83% |
| 5 UMI | $0.{5}5327 | $0.{5}3977 | +34.83% |
| 10 UMI | $0.{4}1065 | $0.{5}7955 | +34.83% |
| 50 UMI | $0.{4}5327 | $0.{4}3977 | +34.83% |
| 100 UMI | $0.0001065 | $0.{4}7955 | +34.83% |
| 500 UMI | $0.0005327 | $0.0003977 | +34.83% |
| 1000 UMI | $0.001065 | $0.0007955 | +34.83% |
Today vs. 1 year ago
| Amount | 12:14 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 UMI | $0.{6}5327 | $0.{6}4271 | +25.34% |
| 1 UMI | $0.{5}1065 | $0.{6}8542 | +25.34% |
| 5 UMI | $0.{5}5327 | $0.{5}4271 | +25.34% |
| 10 UMI | $0.{4}1065 | $0.{5}8542 | +25.34% |
| 50 UMI | $0.{4}5327 | $0.{4}4271 | +25.34% |
| 100 UMI | $0.0001065 | $0.{4}8542 | +25.34% |
| 500 UMI | $0.0005327 | $0.0004271 | +25.34% |
| 1000 UMI | $0.001065 | $0.0008542 | +25.34% |
Umi Digital price prediction
What will the price of UMI be in 2025?
Based on UMI's historical price performance prediction model, the price of UMI is projected to reach $0.{6}7003 in 2025.
What will the price of UMI be in 2030?
In 2030, the UMI price is expected to change by +2.00%. By the end of 2030, the UMI price is projected to reach $0.{5}1599, with a cumulative ROI of +50.08%.
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Popular Umi Digital conversions
Check out these popular currency conversions of Umi Digital to several fiat currencies.
Umi Digital to USD
1 UMI to $ 0.{5}1065 USD
Umi Digital to GBP
1 UMI to £ 0.{6}8402 GBP
Umi Digital to EUR
1 UMI to € 0.{5}1012 EUR
Umi Digital to KRW
1 UMI to ₩ 0.001494 KRW
Umi Digital to CAD
1 UMI to $ 0.{5}1494 CAD
Umi Digital to AUD
1 UMI to $ 0.{5}1640 AUD
Umi Digital to JPY
1 UMI to ¥ 0.0001596 JPY
Umi Digital to BRL
1 UMI to R$ 0.{5}6457 BRL
Umi Digital to CNY
1 UMI to ¥ 0.{5}7761 CNY
Umi Digital to TWD
1 UMI to NT$ 0.{4}3468 TWD
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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 Umi Digital 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 Umi Digital 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 Umi Digital 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.
