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SHM to AZN Converter and calculator

SHM/AZN: 1 SHM = 0.1568 AZN. The price of converting 1 Shardeum (SHM) to Azerbaijani Manat (AZN) is 0.1568 AZN today.
SHM
SHM
AZN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides SHM to AZN real-time exchange rates, making it easy to convert Shardeum (SHM) to Azerbaijani Manat (AZN). The conversion result is based on real-time data. The conversion result shows that 1 SHM is currently valued at 0.1568 AZN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SHM is currently valued at 0.1568 AZN, which means buying 5 SHM would cost 0.7838 AZN. Similarly, ₼1 AZN can be converted to 6.38 SHM, and ₼50 AZN can be converted to 31.9 SHM, excluding any platform or gas fees.

Convert SHM to AZN

Convert AZN to SHM

Shardeum
Azerbaijani Manat
1 SHM
0.1568  AZN
Exchange 1 SHM for 0.1568 AZN
2 SHM
0.3135  AZN
Exchange 2 SHM for 0.3135 AZN
5 SHM
0.7838  AZN
Exchange 5 SHM for 0.7838 AZN
10 SHM
1.57  AZN
Exchange 10 SHM for 1.57 AZN
20 SHM
3.14  AZN
Exchange 20 SHM for 3.14 AZN
50 SHM
7.84  AZN
Exchange 50 SHM for 7.84 AZN
100 SHM
15.68  AZN
Exchange 100 SHM for 15.68 AZN
200 SHM
31.35  AZN
Exchange 200 SHM for 31.35 AZN
500 SHM
78.38  AZN
Exchange 500 SHM for 78.38 AZN
1000 SHM
156.76  AZN
Exchange 1000 SHM for 156.76 AZN
5000 SHM
783.78  AZN
Exchange 5000 SHM for 783.78 AZN
10000 SHM
1,567.57  AZN
Exchange 10000 SHM for 1,567.57 AZN
In the table above, you'll find a comprehensive SHM to AZN converter that shows the value of Shardeum in Azerbaijani Manat across commonly used conversion amounts. The list covers conversions from 1 SHM to AZN, all the way up to 10000 SHM, providing a clear view of their respective values.
Azerbaijani Manat
Shardeum
1 AZN
6.38 SHM
Exchange 1 AZN for 6.38 SHM
10 AZN
63.79 SHM
Exchange 10 AZN for 63.79 SHM
50 AZN
318.97 SHM
Exchange 50 AZN for 318.97 SHM
100 AZN
637.93 SHM
Exchange 100 AZN for 637.93 SHM
200 AZN
1,275.86 SHM
Exchange 200 AZN for 1,275.86 SHM
500 AZN
3,189.66 SHM
Exchange 500 AZN for 3,189.66 SHM
1000 AZN
6,379.31 SHM
Exchange 1000 AZN for 6,379.31 SHM
2000 AZN
12,758.62 SHM
Exchange 2000 AZN for 12,758.62 SHM
5000 AZN
31,896.56 SHM
Exchange 5000 AZN for 31,896.56 SHM
10000 AZN
63,793.12 SHM
Exchange 10000 AZN for 63,793.12 SHM
50000 AZN
318,965.61 SHM
Exchange 50000 AZN for 318,965.61 SHM
100000 AZN
637,931.22 SHM
Exchange 100000 AZN for 637,931.22 SHM
In the table above, you'll find a comprehensive AZN to SHM converter that shows the value of Azerbaijani Manat in Shardeum across commonly used conversion amounts. The list covers conversions from 1 AZN to SHM, all the way up to 100000 AZN, providing a clear view of their respective values.

SHM to AZN chart

SHM/AZN: 1 SHM = 0.1568 AZN; 2025/07/19 13:43:22
In the past 1D, Shardeum has changed +6.55% to AZN. Based on the trend and price charts, Shardeum(SHM) has changed +6.55% to AZN while Azerbaijani Manat(AZN) has changed % to SHM in the last 24 hours.
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SHM to AZN conversion data: Volatility and price changes of Shardeum in AZN

The highest Shardeum price in AZN over the past 7 days was 0.2101 AZN while the lowest Shardeum price in AZN over the past 7 days was 0.1438 AZN. The relative change between the highs and lows in Shardeum price in AZN over the last 7 days indicates a volatility of %. You can view additional volatility data and SHM 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
0.1877 AZN
0.2101 AZN
0.3713 AZN
0.6303 AZN
Low
0.1587 AZN
0.1438 AZN
0.1095 AZN
0.1095 AZN
Average
0 AZN
0 AZN
0 AZN
0 AZN
Volatility
%
%
%
%
Change
+6.55%
-3.63%
-13.40%
-48.42%

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Shardeum information

SHM to AZN market statistics

SHM/AZN:
₼0.1568
SHM 24h volume:
₼1,039,599.03
SHM market cap:
₼3,038,440.12
SHM circulating supply:
19.38M SHM

Current SHM to AZN exchange rate

Shardeum to Azerbaijani Manat is falling this week.
Shardeum's current market price is ₼0.1568 per SHM, with a total market cap of ₼3,038,440.12 AZN based on a circulating supply of 19,383,158 SHM. The trading volume of Shardeum has changed by -34.97% (₼-559,033.97 AZN) in the last 24 hours. Last trading day, SHM's trading volume was ₼1,598,633.

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

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How to convert SHM to AZN

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SHM to AZN Conversion tables

The exchange rate of Shardeum is decreasing.
The exchange rate of 1 SHM to Azerbaijani Manat has changed by -3.63% in the last 7 days. In the last 24 hours, the rate has fluctuated by +6.55%, reaching a high of 0.1877 AZN and a low of 0.1587 AZN . One month ago, the value of 1 SHM was ₼0.1841 AZN , which represents a -13.40% change from its current value. Over the last year, Shardeum has changed by
+
0.1769AZN
, resulting in a change of -48.42% in its value.
24 hours ago1 month ago1 year ago
Amount 13:43 today 24 hours ago 24h change
0.5 SHM
₼0.07838₼0.07294
+6.55%
1 SHM
₼0.1568₼0.1459
+6.55%
5 SHM
₼0.7838₼0.7294
+6.55%
10 SHM
₼1.57₼1.46
+6.55%
50 SHM
₼7.84₼7.29
+6.55%
100 SHM
₼15.68₼14.59
+6.55%
500 SHM
₼78.38₼72.94
+6.55%
1000 SHM
₼156.76₼145.88
+6.55%

SHM to AZN FAQ

How much is 1 Shardeum in AZN?
Right now, the price of 1 Shardeum (SHM) in Azerbaijani Manat (AZN) is ₼0.1568.
How much SHM can I buy for 1 AZN?
Based on the current exchange rate, you can get 6.38 SHM for 1 AZN.
How do I calculate or convert SHM to AZN?
You can use our SHM to AZN calculator at the top of this page to convert any amount of SHM to AZN. We've also included quick-reference tables for the most popular conversions. For example, 5 AZN is equivalent to 31.9 SHM, while 5 SHM will cost around 0.7838AZN.
What is the highest price of SHM/AZN in history?
The all-time high price of 1 SHM in AZN is ₼0.6303. It remains to be seen if the value of 1 SHM/AZN will exceed the current all-time high.
What is the price trend of Shardeum in AZN?
Over the past 7 days, the exchange rate of Shardeum (SHM) has gone down by 3.63%.   Over the last month, the exchange rate of Shardeum (SHM) has gone down by 13.40% against Azerbaijani Manat (AZN).

What factors influence the conversion rate of SHM to AZN?

There are many factors that affect the relationship between Shardeum 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 SHM/AZN. When there is positive news in the market about the widespread adoption of SHM or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SHM/AZN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SHM/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 SHM/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 Shardeum 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 Shardeum currency pairs: SHM to US Dollar (USD), SHM to Euro (EUR), SHM to Pound Sterling (GBP), SHM to Canadian Dollar (CAD), SHM to Indian Rupee (INR), SHM to Pakistani Rupee (PKR), SHM to Brazilian Real (BRL), SHM to…
The price of Shardeum in the US is $0.09221 USD. Additionally, Shardeum’s price is €0.07929 EUR in the eurozone, £0.06874 GBP in the UK, C$0.1266 CAD in Canada, ₹7.94 INR in India, ₨26.27 PKR in Pakistan, R$0.5146 BRL in Brazil, and more.
The most popular Shardeum currency pair is the SHM to Azerbaijani Manat(AZN). The price of 1 Shardeum (SHM) in Azerbaijani Manat (AZN) is ₼0.1568.

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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.