Where to Exchange Currency in Baku: Dollars, Euros, and Rubles to Azerbaijani Manat

Planning a trip to Azerbaijan’s capital and wondering where to exchange your dollars, euros, or rubles for manats? 🏦 Discover how to exchange currency securely and at the best rates, what rates to anticipate, and where to locate the most trustworthy exchange offices.. Learn how to exchange money safely and profitably, what exchange rates to expect, and where to find the most reliable exchange offices.

💰 Azerbaijan’s National Currency

The Azerbaijani manat (AZN) is the official currency used in Azerbaijan. Banknotes in circulation come in denominations of 1, 5, 10, 20, 50, 100, and 200 manats, along with coins called qəpik. Before your trip, it’s a good idea to check the current exchange rates for USD to AZN, EUR to AZN, and RUB to AZN — this will help you make informed decisions when exchanging money.

In Baku, you have several options for exchanging foreign currency into Azerbaijani manats:

Banks are one of the safest places to exchange money. Most banks operate Monday to Friday from 9:00 AM to 5:00 PM. Some branches in downtown Baku are also open on weekends.

Kapital Bank

Pasha Bank

International Bank of Azerbaijan (IBA)

Bank Respublika

👉 Advantages: Official exchange rates, reliability, and receipt after the transaction

👉 Disadvantages: Possible queues and limited working hours

Many private exchange offices operate in tourist areas of Baku, some open late and others even 24/7.

City center (Fountain Square, Nizami Street, Baku Boulevard)

Popular shopping centers include Ganjlik Mall, 28 Mall, and Port Baku Mall.

Near metro stations and bus stops

👉 Advantages: Convenient locations and flexible hours

👉 Disadvantages: Exchange rates may be less favorable, especially in tourist hotspots

If you want to get local currency right upon arrival, banks and exchange offices are available at the international airport. Keep in mind, airport exchange rates are usually less favorable than those in the city. It’s best to exchange a small amount here for taxi fares or snacks and exchange the bulk of your money in downtown Baku.

⚠️ Helpful Tips for Tourists

💳 Card or Cash? Card payments are widely accepted throughout Baku — in hotels, dining places, stores, and even taxis.However, cash is still useful, especially in small shops and outside the city center.

💸 Monitor Exchange Rates: Rates fluctuate, so check the latest official rates before exchanging money on the Central Bank of Azerbaijan website or via mobile apps.

🔒 Safety: Do not exchange money with unknown people on the streets. Avoid exchanging money with strangers on the street.

🛑 Commission Fees: Most exchange offices do not charge a commission, but it’s best to confirm before making a transaction.

The best rates and security are found at major banks or official exchange offices in downtown Baku. For example, Nizami Street hosts several reputable exchange points. Avoid street vendors and suspicious spots — they may not be safe.

Exchanging currency in Baku is easy and convenient when you know where to look for the best deals. Reliable banks, convenient exchange offices, and local tips will help you manage your money smartly and enjoy your trip without worries.

Planning your visit to Azerbaijan? Follow TourismInAzerbaijan.az for more useful guides and explore the country with us!✨