Azerbaijan Manat
The Azerbaijan Manat is the official currency of Azerbaijan. It was introduced in 1992, replacing the Soviet ruble. The currency is issued by the Central Bank of Azerbaijan and is denoted by the symbol "₼".
The Azerbaijan Manat is subdivided into 100 qəpik. Banknotes are available in denominations of 1, 5, 10, 20, 50, and 100 manat, while coins are available in denominations of 1, 3, 5, 10, 20, and 50 qəpik.
The currency's value is determined by various factors, including the country's economic performance, inflation rates, and international market trends. The Central Bank of Azerbaijan plays a crucial role in maintaining the stability of the currency through monetary policy measures.
The Azerbaijan Manat is widely accepted within the country for all transactions, including purchases of goods and services. However, it may not be readily accepted in other countries, so it is advisable to exchange it for local currency when traveling abroad.
Overall, the Azerbaijan Manat is an important aspect of the country's economy and plays a vital role in facilitating domestic and international trade.
Below is the related paper currencies in Azerbaijan Manat.
2013 AZN100