Azerbaijani Manat Inflation Calculator
AZN 100.00 in 1991 has the same buying power as AZN 566,464 in 2026.
Convert Azerbaijani Manat between any two years
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AZN 100.00 in 2001 is worth AZN 491.11 in 2026
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Inflation analysis
Inflation in Azerbaijan
This page covers 36 years of Azerbaijan consumer price data, from 1991 to 2026. Series that begin this late usually do so because the country, the currency or the statistical agency behind the index did not exist in its current form before then. The steepest single year on record was 1994, when consumer prices in Azerbaijan rose 1,662%. That is hyperinflation — prices were rising faster than most people could spend their money, and figures from either side of an episode like that are barely comparable without the context of what happened to the currency itself.
Prices fell in 3 of those 35 years — about 9% of the time — most sharply in 1992, when they dropped 10.6%. In a year like that money gained purchasing power rather than losing it. By decade, the 1990s were the most inflationary stretch, averaging 400.7% a year, while the 2010s were the calmest at 5.3%. Over the last ten years inflation has averaged 6.4% a year, markedly calmer than the 96.5% average across the whole record.
Azerbaijan CPI and inflation rate by year
The full annual series behind this calculator, from 1991 to 2026. The final column shows what AZN 100.00 in that year is worth in 2026 money.
| Year | CPI index | Inflation | AZN 100.00 then, in 2026 |
|---|---|---|---|
| 2026 | 207.00 | 6.00% | AZN 100.00 |
| 2025 | 195.28 | 5.62% | AZN 106.00 |
| 2024 | 184.88 | 2.21% | AZN 111.96 |
| 2023 | 180.88 | 8.79% | AZN 114.44 |
| 2022 | 166.28 | 13.85% | AZN 124.49 |
| 2021 | 146.04 | 6.65% | AZN 141.73 |
| 2020 | 136.94 | 2.76% | AZN 151.16 |
| 2019 | 133.26 | 2.61% | AZN 155.33 |
| 2018 | 129.87 | 2.27% | AZN 159.39 |
| 2017 | 126.99 | 12.94% | AZN 163.00 |
| 2016 | 112.44 | 12.44% | AZN 184.09 |
| 2015 | 100.00 | 4.03% | AZN 207.00 |
| 2014 | 96.13 | 1.37% | AZN 215.33 |
| 2013 | 94.83 | 2.42% | AZN 218.29 |
| 2012 | 92.59 | 1.07% | AZN 223.56 |
| 2011 | 91.61 | 7.86% | AZN 225.95 |
| 2010 | 84.94 | 5.73% | AZN 243.70 |
| 2009 | 80.34 | 1.46% | AZN 257.66 |
| 2008 | 79.18 | 20.85% | AZN 261.41 |
| 2007 | 65.52 | 16.70% | AZN 315.92 |
| 2006 | 56.15 | 8.33% | AZN 368.67 |
| 2005 | 51.83 | 9.68% | AZN 399.38 |
| 2004 | 47.26 | 6.71% | AZN 438.04 |
| 2003 | 44.28 | 2.23% | AZN 467.43 |
| 2002 | 43.32 | 2.77% | AZN 477.87 |
| 2001 | 42.15 | 1.55% | AZN 491.11 |
| 2000 | 41.51 | 1.81% | AZN 498.71 |
| 1999 | 40.77 | -8.53% | AZN 507.71 |
| 1998 | 44.57 | -0.77% | AZN 464.43 |
| 1997 | 44.92 | 3.67% | AZN 460.84 |
| 1996 | 43.33 | 19.79% | AZN 477.77 |
| 1995 | 36.17 | 411.76% | AZN 572.34 |
| 1994 | 7.07 | 1,662.22% | AZN 2,929 |
| 1993 | 0.40 | 1,128.00% | AZN 51,616 |
| 1992 | 0.03 | -10.63% | AZN 633,842 |
| 1991 | 0.04 | — | AZN 566,464 |
Azerbaijan inflation FAQ
- What is the current inflation rate in Azerbaijan?
- Azerbaijan inflation was 6.00% in 2026, the most recent year in this dataset, measured as the change in the annual average consumer price index from 2025.
- How much has Azerbaijani Manat lost in value since 1991?
- AZN 100.00 in 1991 has the same purchasing power as AZN 566,464 in 2026. That is cumulative inflation of 566,363.87% over 35 years, an average of 28.01% per year.
- What years does this Azerbaijan inflation calculator cover?
- This calculator covers 36 years, from 1991 to 2026. You can convert an amount between any two years in that range.
- Can Azerbaijani Manat inflation be negative?
- Yes. Negative inflation, or deflation, means prices fell and Azerbaijani Manat gained purchasing power over that year. Azerbaijan recorded deflation in 3 of the 35 years measured here, most recently in 1999. The steepest fall was -10.63% in 1992.
- What is the difference between CPI and the inflation rate?
- The consumer price index (CPI) is a level: it measures the cost of a fixed basket of goods and services in a given year. The inflation rate is the percentage change in that level between two periods. This calculator uses the ratio of CPI values for your two chosen years to convert an amount between them.
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