The language(s) of this currency do(es) not have a morphological plural distinction.
Symbol
₼
Denominations
Subunit
1⁄100
Gapik
Banknotes
Freq. used
₼1, ₼5, ₼10, ₼20, ₼50, ₼100, ₼200
Rarely used
₼500
Coins
1, 3, 5, 10, 20, 50 gapiks
Demographics
Replaced
Soviet ruble
User(s)
Azerbaijan
Issuance
Central bank
Central Bank of Azerbaijan
Website
www.cbar.az
Valuation
Inflation
8.8%, December 2023
Source
[1]
The manat (ISO code: AZN; sign: ₼; abbreviation: m) is the currency of Azerbaijan. It is subdivided into 100 gapiks.
The first iteration of the currency emerged in the Azerbaijan Democratic Republic and its successor, the Azerbaijan Soviet Socialist Republic, with the issues happening in 1919–1923. The currency underwent hyperinflation, and was eventually substituted by the Transcaucasian ruble, which, in its turn, was converted to the Soviet ruble.
When Azerbaijan gained independence from the Soviet Union, it substituted the Soviet ruble with the manat, which also went through a period of high inflation in the first years, rendering the coinage obsolete. The current manat in circulation exists since the redenomination in 2006, when old manats (AZM) were substituted with lower face values and new design. The currency has mostly been pegged to the US dollar, at what is now the rate of ₼1.70 to US$1.
The Azerbaijani manat symbol was added to Unicode as U+20BC₼MANAT SIGN in 2013. A lowercase m was used previously, and may still be encountered when the manat symbol is unavailable.
what is now the rate of ₼1.70 to US$1. The Azerbaijanimanat symbol was added to Unicode as U+20BC ₼ MANAT SIGN in 2013. A lowercase m was used previously...
efforts abroad. The national currency is the Azerbaijanimanat. The private sector is weak in Azerbaijan, as the economy is dominated by state-owned enterprises...
The manat (Turkmen: manat; abbreviation: m; code: TMT) is the currency of Turkmenistan. The original manat was introduced on 1 November 1993, replacing...
redenomination of the Azerbaijanimanat was a reform of Azerbaijan's national currency, manat, when 1 new manat was equated to 5000 old manats. The redenomination...
Look up manat in Wiktionary, the free dictionary. Manat may refer to Azerbaijanimanat, unit of currency in Azerbaijan Turkmenistani manat, unit of currency...
100 manat - (Azerbaijani: Yüz manat, Turkmen: Ýüz manat) is the one of banknotes in Azerbaijan and Turkmenistan. Money portal Numismatics portal Azerbaijani...
different Azerbaijan banks. Banks portal List of banks in Azerbaijan "Azerbaijani national currency in independence's years" (PDF). "Azerbaijanimanat: stable...
Azerbaijanimanat, and to supervise all commercial banks. Two major commercial banks are UniBank and the state-owned International Bank of Azerbaijan...
Dram". Xe.com. 18 October 2013. Retrieved June 13, 2014. "AZN - Azerbaijani New Manat". Xe.com. 18 October 2013. Archived from the original on 29 May...
20 manat - (Azerbaijani: İyirmi manat and Turkmen: ýigrimi manat) is one of the banknotes in Azerbaijan and Turkmenistan. Money portal Numismatics portal...
The gapik (Azerbaijani: qəpik, pronounced [ɡæˈpic]) is a monetary unit of Azerbaijan, equal to 1⁄100 of the Azerbaijanimanat. The 2006 redenomination...
ruble (Azerbaijani: rublu, Russian: рублей), or manat (Azerbaijani: منات), was the currency of several state entities on the territory of Azerbaijan in from...
50 manat - (Azerbaijani: Əlli manat, Turkmen: Elli manat) is a denomination of banknotes used in Azerbaijan and Turkmenistan. Money portal Numismatics...
2020. Banks portal Azerbaijanimanat Banking in Azerbaijan Central Bank of Azerbaijan Economy of Azerbaijan List of banks in Azerbaijan "The level of digitalization...
Republic of Azerbaijan on 1 December 1992.[citation needed] The national currency of the Republic of Azerbaijan – the Azerbaijanimanat was issued into...
The Azerbaijani Popular Front Party (APFP; Azerbaijani: Azərbaycan Xalq Cəbhəsi Partiyası, pronounced [ɑːzæɾbɑjˈdʒɑn xɑlɡ ˈdʒæpæsi] ) is a political party...
dollar East Timor, with local coins Vietnamese đồng West Armenian dram Azerbaijanimanat Bahraini dinar Egyptian pound Egypt and Gaza Strip Emirati dirham...
("Minimum wage - Azerbaijan")" (in Azerbaijani). WageIndicator. 15 January 2024. Retrieved 17 February 2024. "1.99 Azerbaijanimanat (AZN) to U.S. Dollar...
May 2010. "Vaşinqton Post: "Şərqin İbn Sinası doğuldu"". bugun.az (in Azerbaijani). Archived from the original on 8 November 2014. Retrieved 8 November...
pound (only coins) Pound sterling 1 Aruban florin U.S. dollar 1.79 Azerbaijanimanat U.S. dollar 1.70~ Bahamian dollar U.S. dollar 1 Bahraini dinar U.S...
of Iran, where the South Azerbaijani variety is spoken. North Azerbaijani has official status in the Republic of Azerbaijan and Dagestan (a federal subject...
revenues were generated due to operations in Azerbaijan". Caspian Barrel. Retrieved July 10, 2023. "Azerbaijanimanat to US Dollar (AZN to USD) Exchange Rates"...
Global Information
Azerbaijan
