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Azerbaijan

Azerbaijani Manat (AZN)

23
Low
Risk
#158
of 171
Safer
than 8% of currencies
37
global avg score
$896
$1,000 in 5 years
Impact on Citizens

Citizens need modest returns of 3.7% per year to keep up. Inflation is low — a basic savings account or index fund is enough to stay ahead.See savings calculator ↓

Economic Indicators

Inflation Rate
2.2%
Debt to GDP
6.4%
GDP Growth
4.1%
Broad Money / GDP
36.8%

Banking & Stability

NPL Ratio
1.9%
Reserve Months
4.7
Current Account
6.3%
FX Volatility
0.0

Governance & Markets

Rule of Law
Not available
Black Market Premium
Not available
Capital Controls
21.0
Peg Fragility
Not available

Currency Structure

Global Currency Role
70.0
FX Regime
managed float
Data Coverage
75.0%

Savings Impact Calculator

AZN
Holding cash in AZN2.2% inflation
AZN 896−AZN 104 (10% purchasing power lost)
Your AZN 1,000 buys 10% less in 5 years
What if you invested AZN 1,000 instead? (5yr, in AZN terms)
Hold USD Cash
AZN 859
AZN 141
-3.0%/yr net in AZN
S&P 500
AZN 1611
+AZN 611
range: AZN 734AZN 3176
10% USD return + 0.0% FX · ±16% vol
Gold
AZN 1469
+AZN 469
range: AZN 418AZN 4007
8% USD return + 0.0% FX · ±24% vol
Bitcoin
AZN 3052
+AZN 2052
range: AZN 180AZN 18.4k
25% USD return + 0.0% FX · ±54% vol

All values in AZN. USD-denominated assets (S&P 500, Gold, Bitcoin) include an estimated FX gain of ~0.0%/yr based on the inflation differential between Azerbaijan (2.2%) and the US (~3%). This uses purchasing power parity as a long-run approximation — actual FX movements can differ significantly in the short term. S&P 500 based on 1957-2024, Gold on 2000-2024, Bitcoin on 2015-2024. Past performance does not guarantee future results. Not financial advice.

Data last updated: 2026-05-21