Converting from Azerbaijani Manat (AZN) to Kenyan Shilling (KES)

What is Azerbaijani Manat (AZN)

The Azerbaijani Manat (AZN) is the official currency of Azerbaijan, a country located at the crossroads of Eastern Europe and Western Asia. The currency was introduced in 1992, replacing the Soviet ruble, and has undergone several changes since its introduction. The manat is subdivided into 100 gopik, although gopik coins are rarely used in everyday transactions. The currency symbol for the manat is ₼, and it is typically denoted as AZN in international currency markets.

The Central Bank of Azerbaijan is responsible for issuing and regulating the manat, ensuring its stability in the economy. The manat has seen fluctuations in value due to various factors, including changes in oil prices, economic policies, and geopolitical influences. Understanding the value of AZN is vital for anyone conducting business or traveling to Azerbaijan, as it affects pricing, wages, and overall economic transactions.

What is Kenyan Shilling (KES)

The Kenyan Shilling (KES) is the official currency of Kenya, a vibrant country located in East Africa known for its diverse wildlife, landscapes, and cultures. The shilling was introduced in 1966, replacing the East African shilling at a rate of 1:1. The currency is further divided into 100 cents, although coins of smaller denominations are less common in modern transactions. The symbol for the Kenyan Shilling is KSh, and it is often represented as KES in international trade.

Managed by the Central Bank of Kenya, the shilling plays a crucial role in the country's economy, which is one of the largest in East Africa. The Kenyan economy relies on diverse sectors such as agriculture, tourism, and manufacturing. The value of KES can fluctuate based on several factors, including inflation rates, interest rates, and overall economic performance. As a result, understanding the exchange rate between KES and other currencies is essential for anyone engaging in business, tourism, or trade within Kenya.

Converting AZN to KES

When converting Azerbaijani Manats to Kenyan Shillings, it is important to check the latest exchange rate, as it can vary from one financial institution to another and may change daily. The exchange rate is typically expressed as an amount of KES that one AZN can buy. For example, if the exchange rate is 1 AZN = 68 KES, to convert 100 AZN to KES, you would simply multiply:

100 AZN × 68 (KES/AZN) = 6800 KES

This straightforward calculation aids in making informed financial decisions, whether you are traveling, investing, or exchanging money for business purposes. Always ensure to check reliable financial sources for the most accurate and current exchange rates.