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$SPONGE to AZN Converter and calculator

$SPONGE/AZN: 1 $SPONGE = 0.0005696 AZN. The price of converting 1 Sponge ($SPONGE) to Azerbaijani Manat (AZN) is 0.0005696 AZN today.
$SPONGE
$SPONGE
AZN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides $SPONGE to AZN real-time exchange rates, making it easy to convert Sponge ($SPONGE) to Azerbaijani Manat (AZN). The conversion result is based on real-time data. The conversion result shows that 1 $SPONGE is currently valued at 0.00 AZN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 $SPONGE is currently valued at 0.00 AZN, which means buying 5 $SPONGE would cost 0.00 AZN. Similarly, ₼1 AZN can be converted to 1,755.54 $SPONGE, and ₼50 AZN can be converted to 8,777.7 $SPONGE, excluding any platform or gas fees.

Convert $SPONGE to AZN

Convert AZN to $SPONGE

Sponge
Azerbaijani Manat
1 $SPONGE
0.0005696  AZN
2 $SPONGE
0.001139  AZN
5 $SPONGE
0.002848  AZN
10 $SPONGE
0.005696  AZN
20 $SPONGE
0.01139  AZN
50 $SPONGE
0.02848  AZN
100 $SPONGE
0.05696  AZN
200 $SPONGE
0.1139  AZN
500 $SPONGE
0.2848  AZN
1000 $SPONGE
0.5696  AZN
5000 $SPONGE
2.85  AZN
10000 $SPONGE
5.7  AZN
In the table above, you'll find a comprehensive $SPONGE to AZN converter that shows the value of Sponge in Azerbaijani Manat across commonly used conversion amounts. The list covers conversions from 1 $SPONGE to AZN, all the way up to 10000 $SPONGE, providing a clear view of their respective values.
Azerbaijani Manat
Sponge
10 AZN
17,555.39 $SPONGE
50 AZN
87,776.97 $SPONGE
100 AZN
175,553.94 $SPONGE
200 AZN
351,107.87 $SPONGE
500 AZN
877,769.68 $SPONGE
1000 AZN
1,755,539.35 $SPONGE
2000 AZN
3,511,078.7 $SPONGE
5000 AZN
8,777,696.76 $SPONGE
10000 AZN
17,555,393.51 $SPONGE
50000 AZN
87,776,967.56 $SPONGE
100000 AZN
175,553,935.12 $SPONGE
In the table above, you'll find a comprehensive AZN to $SPONGE converter that shows the value of Azerbaijani Manat in Sponge across commonly used conversion amounts. The list covers conversions from 1 AZN to $SPONGE, all the way up to 100000 AZN, providing a clear view of their respective values.

$SPONGE to AZN chart

$SPONGE/AZN: 1 $SPONGE = 0.0005696 AZN; 2025/05/02 09:51:08
In the past 1D, Sponge has changed -0.11% to AZN. Based on the trend and price charts, Sponge($SPONGE) has changed -0.11% to AZN while Azerbaijani Manat(AZN) has changed % to $SPONGE in the last 24 hours.
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$SPONGE to AZN conversion data: Volatility and price changes of Sponge in AZN

The highest Sponge price in AZN over the past 7 days was 0.0005988 AZN while the lowest Sponge price in AZN over the past 7 days was 0.0005543 AZN. The relative change between the highs and lows in Sponge price in AZN over the last 7 days indicates a volatility of %. You can view additional volatility data and $SPONGE 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
0.0005765 AZN
0.0005988 AZN
0.0006118 AZN
0.0006196 AZN
Low
0.0005543 AZN
0.0005543 AZN
0.0005438 AZN
0.0005152 AZN
Average
0 AZN
0 AZN
0 AZN
0 AZN
Volatility
%
%
%
%
Change
-0.11%
+0.60%
-1.45%
-2.02%

Sponge information

$SPONGE to AZN market statistics

$SPONGE/AZN:
₼0.0005696
$SPONGE 24h volume:
₼206,318.87
$SPONGE market cap:
--
$SPONGE circulating supply:
0 $SPONGE

Current $SPONGE to AZN exchange rate

Sponge to Azerbaijani Manat is rising this week.
Sponge's current market price is ₼0.0005696 per $SPONGE, with a total market cap of ₼0 AZN based on a circulating supply of -- $SPONGE. The trading volume of Sponge has changed by +29.75% (₼47,306.87 AZN) in the last 24 hours. Last trading day, $SPONGE's trading volume was ₼159,012.

More info about Sponge 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 Sponge currency pair is the $SPONGE to AZN, with for Sponge's currency code being $SPONGE. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for AZN.

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How to convert $SPONGE to AZN

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$SPONGE to AZN Conversion tables

The exchange rate of Sponge is decreasing.
The exchange rate of 1 $SPONGE to Azerbaijani Manat has changed by +0.60% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.11%, reaching a high of 0.0005765 AZN and a low of 0.0005543 AZN . One month ago, the value of 1 $SPONGE was ₼0.0005780 AZN , which represents a -1.45% change from its current value. Over the last year, Sponge has changed by
+
0.0004560AZN
, resulting in a change of +401.21% in its value.
24 hours ago1 month ago1 year ago
Amount09:51 am today24 hours ago24h change
0.5 $SPONGE₼0.0002848₼0.0002851
-0.11%
1 $SPONGE₼0.0005696₼0.0005703
-0.11%
5 $SPONGE₼0.002848₼0.002851
-0.11%
10 $SPONGE₼0.005696₼0.005703
-0.11%
50 $SPONGE₼0.02848₼0.02851
-0.11%
100 $SPONGE₼0.05696₼0.05703
-0.11%
500 $SPONGE₼0.2848₼0.2851
-0.11%
1000 $SPONGE₼0.5696₼0.5703
-0.11%

$SPONGE to AZN FAQ

How much is 1 Sponge in AZN?
Right now, the price of 1 Sponge ($SPONGE) in Azerbaijani Manat (AZN) is ₼0.0005696.
How much $SPONGE can I buy for 1 AZN?
Based on the current exchange rate, you can get 1,755.54 $SPONGE for 1 AZN.
How do I calculate or convert $SPONGE to AZN?
You can use our $SPONGE to AZN calculator at the top of this page to convert any amount of $SPONGE to AZN. We've also included quick-reference tables for the most popular conversions. For example, 5 AZN is equivalent to 8,777.7 $SPONGE, while 5 $SPONGE will cost around 0.002848AZN.
What is the highest price of $SPONGE/AZN in history?
The all-time high price of 1 $SPONGE in AZN is ₼0.004070. It remains to be seen if the value of 1 $SPONGE/AZN will exceed the current all-time high.
What is the price trend of Sponge in AZN?
Over the past 7 days, the exchange rate of Sponge ($SPONGE) has gone up by 0.60%.   Over the last month, the exchange rate of Sponge ($SPONGE) has gone down by 1.45% against Azerbaijani Manat (AZN).

What factors influence the conversion rate of $SPONGE to AZN?

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

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