LBL
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 LABEL AI(LBL) to Azerbaijani Manat(AZN). This is the real-time data. The current conversion shows 1 LBL at a value of 1 LBL 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 LABEL AI currency pair is the LBL to AZN, with for LABEL AI's currency code being LBL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for AZN.
LBL to AZN conversion rate trend
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In the past 1D, LABEL AI has changed -5.04% to AZN. Based on the trend and price charts, LABEL AI(LBL) has changed -5.04% to AZN while Azerbaijani Manat(AZN) has changed % to LBL in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ₼0.004175 | 0.0200% / 0.0320%  VIP 7 | |
Huobi | ₼0.005406 | 0.1000% / 0.1000% | Yes |
Gate.io | ₼0.004454 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/19 08:00:18(UTC+0)
How to buy LABEL AI
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy LABEL AI (LBL)
Use a variety of payment options to buy LABEL AI on Bitget. We'll show you how.
Buy LBL (or USDT) for AZN (Azerbaijani Manat) offers
Bitget P2P trading does not currently support direct buying of LBL with AZN. However, you can buy USDT in Bitget P2P trading first, and then buy LBL 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 LBL (or USDT) for AZN (Azerbaijani Manat) offers
Bitget P2P trading currently does not support direct selling of LBL to AZN. However, you can first exchange LBL 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 LABEL AI to Azerbaijani Manat?
LABEL AI to Azerbaijani Manat is falling this week.LABEL AI's current market price is ₼ 0.004248 per LBL, with a total market cap of ₼ 9,477,925.74 AZN based on a circulating supply of 2,231,382,500 LBL. The trading volume of LABEL AI has changed by +234.31% (₼ 2,277,202.46 AZN) in the last 24 hours. Last trading day, LBL's trading volume was ₼ 971,866.38.
Market cap
$5.58M
24h volume
$1.91M
Circulating supply
2.23B LBL
Conversion tables
The exchange rate of LABEL AI is increasing.1 LBL is currently valued at ₼ 0.004248 AZN , which means buying 5 LBL will cost ₼ 0.02124 AZN . Similarly, ₼1 AZN can be traded for 235.43 LBL, and ₼50 AZN can be converted to 11,771.47 LBL, excluding any platform or gas fees.
The exchange rate of 1 LBL to Azerbaijani Manat has changed by -3.71% in the last 7 days. In the last 24 hours, the rate has fluctuated by -5.04%, reaching a high of 0.004775 AZN and a low of 0.004047 AZN . One month ago, the value of 1 LBL was ₼ 0.004109 AZN , which represents a +3.38% change from its current value. Over the last year, LABEL AI has changed by , resulting in a change of -11.78% in its value.
-₼
0.0005673AZNLBL to AZN
Amount
14:56 today
0.5 LBL
₼0.002124
1 LBL
₼0.004248
5 LBL
₼0.02124
10 LBL
₼0.04248
50 LBL
₼0.2124
100 LBL
₼0.4248
500 LBL
₼2.12
1000 LBL
₼4.25
AZN to LBL
Amount14:56 today
0.5AZN117.71 LBL
1AZN235.43 LBL
5AZN1,177.15 LBL
10AZN2,354.29 LBL
50AZN11,771.47 LBL
100AZN23,542.94 LBL
500AZN117,714.72 LBL
1000AZN235,429.43 LBL
Today vs. 24 hours ago
| Amount | 14:56 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 LBL | $0.001249 | $0.001316 | -5.04% |
| 1 LBL | $0.002499 | $0.002631 | -5.04% |
| 5 LBL | $0.01249 | $0.01316 | -5.04% |
| 10 LBL | $0.02499 | $0.02631 | -5.04% |
| 50 LBL | $0.1249 | $0.1316 | -5.04% |
| 100 LBL | $0.2499 | $0.2631 | -5.04% |
| 500 LBL | $1.25 | $1.32 | -5.04% |
| 1000 LBL | $2.5 | $2.63 | -5.04% |
Today vs. 1 month ago
| Amount | 14:56 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 LBL | $0.001249 | $0.001208 | +3.38% |
| 1 LBL | $0.002499 | $0.002417 | +3.38% |
| 5 LBL | $0.01249 | $0.01208 | +3.38% |
| 10 LBL | $0.02499 | $0.02417 | +3.38% |
| 50 LBL | $0.1249 | $0.1208 | +3.38% |
| 100 LBL | $0.2499 | $0.2417 | +3.38% |
| 500 LBL | $1.25 | $1.21 | +3.38% |
| 1000 LBL | $2.5 | $2.42 | +3.38% |
Today vs. 1 year ago
| Amount | 14:56 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 LBL | $0.001249 | $0.001416 | -11.78% |
| 1 LBL | $0.002499 | $0.002832 | -11.78% |
| 5 LBL | $0.01249 | $0.01416 | -11.78% |
| 10 LBL | $0.02499 | $0.02832 | -11.78% |
| 50 LBL | $0.1249 | $0.1416 | -11.78% |
| 100 LBL | $0.2499 | $0.2832 | -11.78% |
| 500 LBL | $1.25 | $1.42 | -11.78% |
| 1000 LBL | $2.5 | $2.83 | -11.78% |
LABEL AI price prediction
What will the price of LBL be in 2025?
Based on LBL's historical price performance prediction model, the price of LBL is projected to reach $0.003116 in 2025.
What will the price of LBL be in 2030?
In 2030, the LBL price is expected to change by -8.00%. By the end of 2030, the LBL price is projected to reach $0.003662, with a cumulative ROI of +47.85%.
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Popular LABEL AI conversions
Check out these popular currency conversions of LABEL AI to several fiat currencies.
LABEL AI to USD
1 LBL to $ 0.002499 USD
LABEL AI to GBP
1 LBL to £ 0.001981 GBP
LABEL AI to EUR
1 LBL to € 0.002402 EUR
LABEL AI to KRW
1 LBL to ₩ 3.62 KRW
LABEL AI to CAD
1 LBL to $ 0.003588 CAD
LABEL AI to AUD
1 LBL to $ 0.003997 AUD
LABEL AI to JPY
1 LBL to ¥ 0.3918 JPY
LABEL AI to BRL
1 LBL to R$ 0.01571 BRL
LABEL AI to CNY
1 LBL to ¥ 0.01825 CNY
LABEL AI to TWD
1 LBL to NT$ 0.08157 TWD
Popular cryptocurrencies to AZN
Explore other cryptocurrencies based on your interest in LABEL AI.
Bitcoin to AZN
1 BTC to ₼ 171,727.76 AZN
Ethereum to AZN
1 ETH to ₼ 6,194.53 AZN
XRP to AZN
1 XRP to ₼ 3.99 AZN
Dogecoin to AZN
1 DOGE to ₼ 0.6089 AZN
Fuel Network to AZN
1 FUEL to ₼ 0.09857 AZN
Movement to AZN
1 MOVE to ₼ 1.29 AZN
Bitget Token to AZN
1 BGB to ₼ 7.8 AZN
Pepe to AZN
1 PEPE to ₼ 0.{4}3265 AZN
Fartcoin to AZN
1 FARTCOIN to ₼ 1.99 AZN
Solana to AZN
1 SOL to ₼ 352.53 AZN
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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 LABEL AI 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 LABEL AI 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 LABEL AI 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.
