The Best Currency to Use in Azerbaijan for Indians

Introduction

Are you planning a trip from India to Azerbaijan? One thing you are going to have to think about is how to take care of your money while you are there. Azerbaijan is a very beautiful country that is gaining popularity among Indian tourists on account of its stunning landscapes, ancient history, and affordable travel opportunities at incredibly low prices. In this article, we'll discuss how to convert your INR and some best tips on managing your money while travelling to this beautiful destination.

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Best Currency to Use in Azerbaijan

The official Azerbaijan currency is the Azerbaijani Manat (AZN), and this is probably the money you will be using mostly during your stay. You should always have some local money on hand because you will frequently use it for anything little, such as food or transportation, or to go around in local markets. Even though, at several points around tourist center's such as Baku, However, you can take US Dollars (USD) or Euros (EUR) to Azerbaijan because they are easier to buy in India and more affordable than Azerbaijan Manat.

Although the rate might vary, on average scale 1 Azerbaijani Manat is approximately equal to 48-50 Indian Rupees​. To minimize currency exchange issues while visiting, check the current exchange rates and compare the rates that will give you the best conversion rate when changing your money.

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Best Ways to Convert INR to Azerbaijani Manat

There are several methods for easily converting Indian rupees to Azerbaijani manat, each with its own set of advantages and disadvantages. Some of the most feasible and cost-effective options are described below.

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1. Use ATMs in Azerbaijan: 

One of the simplest ways to get Manat is to withdraw cash immediately from ATMs when you arrive in Azerbaijan. ATMs are extensively available in cities such as Baku and popular tourist destinations. Most machines accept international cards, including Visa and Mastercard, which are widely used in India.

Using an ATM always gives you the current rate of exchange. However, be aware of foreign transaction fees your Indian bank might charge for withdrawing cash abroad. These fees can add up, so it’s a good idea to make fewer, larger withdrawals rather than many small ones.

Tip: Before leaving India, let your bank know that you will be traveling abroad. This way, you will not return home to discover that your card has been flagged for security reasons. Also, ask what specific fees you may expect from international ATM withdrawals.

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2. Currency Exchange Offices:

If you want to do this in person, currency exchange offices can be found in the airports, hotels, and around the tourist areas of Azerbaijan. This is an easy transaction, but take note that airport exchange rates are usually the worst compared to other areas within the city. You will get a better exchange value if you wait until you get to the local bank or currency exchange office.

Tip: Visit many exchange offices to get the best value for your Indian rupees. Never change all of your money at once; only change enough for a few days while keeping an eye on exchange rates, as they may change.

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3. Credit and Debit Cards:

International credit and debit cards can be widely accepted in both urban locations and tourist destinations throughout Azerbaijan, especially in Baku. These are useful for high-ticket purchases such as hotel reservations, meals at restaurants, and retail shopping. Major cards are usually accepted at most places, although American Express may be less widely used.

Using a credit or debit card might save you the headache of frequently exchanging currency, but keep an eye out for any foreign transaction fees your bank may charge for international purchases. Many Indian banks charge 2-3% extra for transactions in other countries.

Tip: In addition, it's always best to bring cash for such small purchases since some vendors in rural areas still don't accept cards.

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4. Prepaid Travel Cards:

Another great option for Indian travelers is the use of a prepaid travel card. It works like this: with a prepaid travel card, you can load a variety of currencies and use a debit card abroad. The advantage of using a prepaid travel card is that you lock in an exchange rate before your trip, which can help protect you from currency fluctuations.

Travel cards are also safer than carrying large amounts of cash; therefore, other features include emergency card replacement and the ability to top up online. Even if travel cards are accepted in ATMs, shops, and restaurants, make sure they accept Azerbaijan Manats before making a purchase. If they do not accept Manats, load the travel card with USD or EUR and then get it converted to Manat at a local ATM.

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Conclusion

The best currency to use in Azerbaijan from India is the Azerbaijani Manat. Though you may be able to make purchases with major foreign currencies such as USD or EUR in tourist regions, using local currency can save you money and keep you from becoming confused while buying.  The easiest and cheapest way to convert your INR into Manat is by withdrawing cash from ATMs, using online currency exchange services, or exchanging money with a cash bureau. 

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Frequently Asked Questions (FAQs)

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1. Can I pay in Indian Rupees in Azerbaijan?

No, Indian Rupees are not accepted in Azerbaijan. You need to exchange your INR for Azerbaijani Manat or use international cards to make payments.

2. Where can I exchange Indian rupees in Azerbaijan?

You can exchange your INR at local banks, currency exchange offices, online forex exchange services or withdraw cash directly in Manat using ATMs across the country. Airport exchange counters can be strictly avoided because better rates are available elsewhere.

3. Are credit and debit cards widely accepted in Azerbaijan?

Yes, major credit and debit cards such as Visa and Mastercard are widely accepted. However, it's always a good idea to carry some cash for when you're traveling to local areas.

4. What is the current exchange rate between Indian rupees and Azerbaijani manat?

The rate is about 1 Azerbaijani Manat = 48-50 Indian Rupees, but, it’s important to check the current rate since it keeps changing.

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