Azerbaijan manat

Manat
Country:	Azerbaijan
Subdivision:	100 Qəpik / Qäpik
ISO 4217 code :	AZN
Abbreviation:	AM or
Exchange rate : (29 Mar 2020)	1  EUR  = 1.8479 AZN 1 AZN = 0.54115 EUR 1  CHF  = 1.7172 AZN 1 AZN = 0.58234 CHF

The Azerbaijan Manat ( Azerbaijani Azərbaycan Manatı) or Manat for short is the currency of Azerbaijan .

1 manat is divided into 100 Qəpik (according to the old transcription from the Cyrillic Gepik ). The currency was introduced in 1992 and initially existed parallel to the ruble, which was taken over from the Soviet era . At the beginning of 1994 the manat became the sole national currency. The local abbreviation for the manat is also AM

Due to the increased inflation, the old manat (ISO code AZM) was replaced by the new manat (ISO code AZN, 1 new manat = 5000 old manat) on January 1, 2006. The new banknotes and coins were designed by Robert Kalina , the designer of the euro banknotes . The new symbol for the manat, " ", a symbolic M , resembles a euro symbol tilted 90 degrees to the right . It was included in the Unicode standard at position U + 20BC (₼) in June 2014 .

Banknotes for the old manat were available in the following denominations: 1, 5, 10, 50, 100, 250, 500, 1000, 10,000, 50,000 manat. There were coins of 5, 10, 20 and 50 Qəpik .

For the new manat there are coins of 1, 3, 5, 10, 20 and 50 Qəpik, the latter being a bimetal coin similar to the 2 euro coin, as well as banknotes of 1, 5, 10, 20, 50, 100 and 200 Manat.

A new 200 manat note was put into circulation in May 2018. This is printed by Giesecke and Devrient in Germany.

Coins (since 2006)

1, 3, 5, 10, 20 and 50 Qəpik

Banknote images (since 2006)

Issues of “Az derrbaycan Milli Bankı” and Azərbaycan Mərkəzi Bankı notes

Front 1 manat note	Reverse 1 manat note
Front 5 manat note	Reverse 5-manat note
Front 10 manat note	Reverse 10 manat note
Front 20 manat note	The back of the 20-manat note
Front 50 manat bill	Reverse 50 manat bill
Front 100 manat bill	100 manat note on the back
Front 100-manat note 2013 with new bank name	The back of the 2013 100 manat note with the new bank name
Front 200 manat note	Reverse 200 manat note

The 1, 5 and 100 manat notes are now available with a new bank name (Azərbaycan Mərkəzi Bankı).

Illustrations of banknotes (1992-2006)

1 manat front	1 manat back
10 manat front	10 manat back
50 manat front	50 manat back
100 manat front	100 manat back
250 manat front	250 manat back
500 manat front	500 manat back
1000 manat front	1000 manat back
10,000 manat front	10,000 manat back
50,000 manat front	50,000 manat back

Web links

Wiktionary: Azerbaijan manat  - explanations of meanings, word origins, synonyms, translations

• Central Bank of Azerbaijan (English)
• The banknotes of Azerbaijan

Individual evidence

1. ↑ Elman Muradov: Historical analysis of the petroleum sector and its importance for economic development in Azerbaijan . disserta Verlag, 2012, ISBN 978-3954250141 , p. 31/32. Retrieved December 20, 2012.
2. ↑ Azerbaijan new 200-manat note (B404) confirmed introduced May 24, 2018. Retrieved January 14, 2019 .