Tell us how much you're changing and where — we rank local dealers by the cash you actually get. No airport counters, no guesswork.
Best deal: Super Rich (Green)
Browse by country
—
Cities
Best Currency Exchange in Baku
Compare official banknote rates across Nizami Street (Torgovaya), Fountain Square, and 28 May transport hub.
whyTrustTitle
Submit your rates and we'll publish your listing within 24 hours. Travelers searching for the best deal in your city will find you first.
Currency Exchange Guide for Baku
Baku is the vibrant Caspian metropolis and capital of Azerbaijan. The Azerbaijani Manat (AZN) has been pegged to the US Dollar at a fixed rate of 1 USD = 1.70 AZN since 2017. Regulated strictly by the Central Bank of Azerbaijan (CBAR), authorized commercial bank branches provide safe and standardized banknote conversion.
Key Currency Exchange Districts in Baku
Nizami Street (Torgovaya) & Fountain Square
The primary pedestrian shopping quarter, hosting the highest density of competitive commercial bank exchange tellers.
28 May Transit Hub & 28 Mall
Central railway and metro junction featuring bank branches open late seven days a week.
Icherisheher (Old City) & Seaside Boulevard
Historic UNESCO-listed fortress area near Neftchilar Avenue with accessible bank counters for tourists.
Heydar Aliyev International Airport (GYD)
Terminal arrival counters; suitable only for small cash sums to cover initial bus or taxi fare into Baku.
Comparing Cash Exchange Options
| Venue Category | Neighborhood / District | Typical Spread | Trading Features |
|---|---|---|---|
| Major Bank Branches (Kapital Bank, ABB, Pasha Bank) | Nizami Street, Fountain Square | 0.3% - 0.6% | Tightest spreads, official state-backed receipts, instantaneous cash tellers |
| Mall-Based Bank Branches (28 Mall, Ganjlik Mall) | Central transport hubs | 0.5% - 1.0% | Open 7 days a week until 10:00 PM, comfortable indoor banking |
| Commercial Banks (Bank Respublika, Unibank) | Rashid Behbudov, Neftchilar Ave | 0.6% - 1.2% | Standard retail tellers requiring passport presentation |
| Airport Bank Kiosks (GYD Airport) | Terminal 1 & 2 Arrivals | 5.0% - 9.0% | High overhead desks; avoid converting large travel sums here |
Local Money Logistics & Payment Methods
The BakuBus Aero Express runs every 30 minutes from Heydar Aliyev Airport to central 28 May metro station for just 1.30 AZN. Metered app rides via Bolt cost roughly 15 to 25 AZN. The Baku Metro and public buses utilize the BakıKart system. Contactless credit cards are widely accepted at modern hotels and restaurants.
Regulations, Taxes & Compliance Guidelines
Central Bank regulations require physical identification (original valid passport for tourists or National ID for residents) for foreign currency exchanges exceeding 500 USD equivalent. Informal street currency trading is strictly illegal. Foreign visitors may bring up to 10,000 USD equivalent in cash into Azerbaijan without declaring it at customs.