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INI to AZN Converter and calculator

INI/AZN: 1 INI = 0.2173 AZN. The price of converting 1 InitVerse (INI) to Azerbaijani Manat (AZN) is 0.2173 AZN today.
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INI
AZN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides INI to AZN real-time exchange rates, making it easy to convert InitVerse (INI) to Azerbaijani Manat (AZN). The conversion result is based on real-time data. The conversion result shows that 1 INI is currently valued at 0.2173 AZN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 INI is currently valued at 0.2173 AZN, which means buying 5 INI would cost 1.09 AZN. Similarly, ₼1 AZN can be converted to 4.6 INI, and ₼50 AZN can be converted to 23.01 INI, excluding any platform or gas fees.

Convert INI to AZN

Convert AZN to INI

InitVerse
Azerbaijani Manat
1 INI
0.2173  AZN
Exchange 1 INI for 0.2173 AZN
2 INI
0.4346  AZN
Exchange 2 INI for 0.4346 AZN
5 INI
1.09  AZN
Exchange 5 INI for 1.09 AZN
10 INI
2.17  AZN
Exchange 10 INI for 2.17 AZN
20 INI
4.35  AZN
Exchange 20 INI for 4.35 AZN
50 INI
10.86  AZN
Exchange 50 INI for 10.86 AZN
100 INI
21.73  AZN
Exchange 100 INI for 21.73 AZN
200 INI
43.46  AZN
Exchange 200 INI for 43.46 AZN
500 INI
108.64  AZN
Exchange 500 INI for 108.64 AZN
1000 INI
217.28  AZN
Exchange 1000 INI for 217.28 AZN
5000 INI
1,086.41  AZN
Exchange 5000 INI for 1,086.41 AZN
10000 INI
2,172.82  AZN
Exchange 10000 INI for 2,172.82 AZN
In the table above, you'll find a comprehensive INI to AZN converter that shows the value of InitVerse in Azerbaijani Manat across commonly used conversion amounts. The list covers conversions from 1 INI to AZN, all the way up to 10000 INI, providing a clear view of their respective values.
Azerbaijani Manat
InitVerse
1 AZN
4.6 INI
Exchange 1 AZN for 4.6 INI
10 AZN
46.02 INI
Exchange 10 AZN for 46.02 INI
50 AZN
230.12 INI
Exchange 50 AZN for 230.12 INI
100 AZN
460.23 INI
Exchange 100 AZN for 460.23 INI
200 AZN
920.46 INI
Exchange 200 AZN for 920.46 INI
500 AZN
2,301.15 INI
Exchange 500 AZN for 2,301.15 INI
1000 AZN
4,602.31 INI
Exchange 1000 AZN for 4,602.31 INI
2000 AZN
9,204.62 INI
Exchange 2000 AZN for 9,204.62 INI
5000 AZN
23,011.54 INI
Exchange 5000 AZN for 23,011.54 INI
10000 AZN
46,023.09 INI
Exchange 10000 AZN for 46,023.09 INI
50000 AZN
230,115.43 INI
Exchange 50000 AZN for 230,115.43 INI
100000 AZN
460,230.87 INI
Exchange 100000 AZN for 460,230.87 INI
In the table above, you'll find a comprehensive AZN to INI converter that shows the value of Azerbaijani Manat in InitVerse across commonly used conversion amounts. The list covers conversions from 1 AZN to INI, all the way up to 100000 AZN, providing a clear view of their respective values.

INI to AZN chart

INI/AZN: 1 INI = 0.2173 AZN; 2025/11/26 23:23:31
In the past 1D, InitVerse has changed +15.77% to AZN. Based on the trend and price charts, InitVerse(INI) has changed +15.77% to AZN while Azerbaijani Manat(AZN) has changed % to INI in the last 24 hours.
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INI to AZN conversion data: Volatility and price changes of InitVerse in AZN

The highest InitVerse price in AZN over the past 7 days was 0.2181 AZN while the lowest InitVerse price in AZN over the past 7 days was 0.1307 AZN. The relative change between the highs and lows in InitVerse price in AZN over the last 7 days indicates a volatility of %. You can view additional volatility data and INI to AZN prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
0.2181 AZN
0.2181 AZN
0.2181 AZN
0.2181 AZN
Low
0.1865 AZN
0.1307 AZN
0.05244 AZN
0.03735 AZN
Average
0 AZN
0 AZN
0 AZN
0 AZN
Volatility
%
%
%
%
Change
+15.77%
+50.05%
+287.79%
+251.30%

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Bitget P2P trading does not currently support direct buying of INI with AZN. However, you can buy USDT in Bitget P2P trading first, and then buy INI with USDT via Bitget spot market.
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InitVerse information

INI to AZN market statistics

INI/AZN:
₼0.2173
INI 24h volume:
₼2,441,889.38
INI market cap:
₼118,709,074.81
INI circulating supply:
546.34M INI

Current INI to AZN exchange rate

InitVerse to Azerbaijani Manat is rising this week.
InitVerse's current market price is ₼0.2173 per INI, with a total market cap of ₼118,709,074.81 AZN based on a circulating supply of 546,335,900 INI. The trading volume of InitVerse has changed by -1.36% (₼-33,597.31 AZN) in the last 24 hours. Last trading day, INI's trading volume was ₼2,475,486.68.

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

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How to convert INI to AZN

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INI to AZN Conversion tables

The exchange rate of InitVerse is increasing.
The exchange rate of 1 INI to Azerbaijani Manat has changed by +50.05% in the last 7 days. In the last 24 hours, the rate has fluctuated by +15.77%, reaching a high of 0.2181 AZN and a low of 0.1865 AZN . One month ago, the value of 1 INI was ₼0.05645 AZN , which represents a +287.79% change from its current value. Over the last year, InitVerse has changed by
+
0.2167AZN
, resulting in a change of +161.49% in its value.
24 hours ago1 month ago1 year ago
Amount 23:23 today 24 hours ago 24h change
0.5 INI
₼0.1086₼0.09388
+15.77%
1 INI
₼0.2173₼0.1878
+15.77%
5 INI
₼1.09₼0.9388
+15.77%
10 INI
₼2.17₼1.88
+15.77%
50 INI
₼10.86₼9.39
+15.77%
100 INI
₼21.73₼18.78
+15.77%
500 INI
₼108.64₼93.88
+15.77%
1000 INI
₼217.28₼187.77
+15.77%

INI to AZN FAQ

How much is 1 InitVerse in AZN?
Right now, the price of 1 InitVerse (INI) in Azerbaijani Manat (AZN) is ₼0.2173.
How much INI can I buy for 1 AZN?
Based on the current exchange rate, you can get 4.6 INI for 1 AZN.
How do I calculate or convert INI to AZN?
You can use our INI to AZN calculator at the top of this page to convert any amount of INI to AZN. We've also included quick-reference tables for the most popular conversions. For example, 5 AZN is equivalent to 23.01 INI, while 5 INI will cost around 1.09AZN.
What is the highest price of INI/AZN in history?
The all-time high price of 1 INI in AZN is ₼0.2181. It remains to be seen if the value of 1 INI/AZN will exceed the current all-time high.
What is the price trend of InitVerse in AZN?
Over the past 7 days, the exchange rate of InitVerse (INI) has gone up by 50.05%.   Over the last month, the exchange rate of InitVerse (INI) has gone up by 287.79% against Azerbaijani Manat (AZN).

What factors influence the conversion rate of INI to AZN?

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

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular InitVerse currency pairs: INI to US Dollar (USD), INI to Euro (EUR), INI to Pound Sterling (GBP), INI to Canadian Dollar (CAD), INI to Indian Rupee (INR), INI to Pakistani Rupee (PKR), INI to Brazilian Real (BRL), INI to…
The price of InitVerse in the US is $0.1278 USD. Additionally, InitVerse’s price is €0.1102 EUR in the eurozone, £0.09652 GBP in the UK, C$0.1795 CAD in Canada, ₹11.4 INR in India, ₨36.01 PKR in Pakistan, R$0.6815 BRL in Brazil, and more.
The most popular InitVerse currency pair is the INI to Azerbaijani Manat(AZN). The price of 1 InitVerse (INI) in Azerbaijani Manat (AZN) is ₼0.2173.

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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.