|Azərbaycan manatı (Azerbaijani)|
|Plural||The language(s) of this currency does not have a morphological plural distinction.|
|Banknotes||1, 5, 10, 20, 50, 100, 200 manat|
|Coins||1, 3, 5, 10, 20, 50 qəpik|
|Central bank||Central Bank of Azerbaijan|
|Inflation||3% H1 2018|
The Azerbaijani manat symbol, ₼ (), was assigned to Unicode U+20BC in 2013. A lowercase m can be used as a substitute for the manat symbol.
The word manat is borrowed from the Russian word Монета "moneta" (coin) which is pronounced as "maneta" and is a loanword from Latin. Manat was also the designation of the Soviet ruble in both the Azerbaijani and Turkmen languages.
The Azerbaijan Democratic Republic and its successor the Azerbaijani Soviet Socialist Republic issued their own currency between 1919 and 1923. The currency was called the manat (منات) in Azerbaijani and the ruble (рубль) in Russian, with the denominations written in both languages (and sometimes also in French) on the banknotes. The manat replaced the first Transcaucasian ruble at par and was replaced by the second Transcaucasian ruble after Azerbaijan became part of the Transcaucasian Soviet Federal Socialist Republic. No subdivisions were issued, and the currency only existed as banknotes.
The Democratic Republic issued notes in denominations of 25, 50, 100, 250 and 500 manat, whilst the Soviet Socialist Republic issued notes in denominations of 5; 100; 1,000; 5,000; 10,000; 25,000; 50,000; 100,000; 250,000; 1 million and 5 million manat.
From early 2002 to early 2005, the exchange rate was fairly stable (varying within a band of 4770–4990 manat per US dollar). Starting in the spring of 2005 there was a slight but steady increase in the value of the manat against the US dollar; the reason most likely being the increased flow of petrodollars into the country, together with the generally high price of oil on the world market. At the end of 2005, one dollar was worth 4591 manat. Banknotes below 100 manat had effectively disappeared by 2005, as had the qəpik coins.
Coins were issued in denominations of 5, 10, 20 and 50 qəpik, dated 1992 and 1993. Although brass and cupro-nickel were used for some of the 1992 issues, later issues were all in aluminium. These coins were rarely used in circulation.
The following banknotes were issued for this currency
On 1 January 2006, a new manat (ISO 4217 code AZN, also called the "manat (national currency)") was introduced at a ratio of 1 new manat to 5,000 old manat. From 1 October 2005, prices were indicated both in new manat and in old manat to ease transition. Coins denominated in qəpik, which had not been used from 1993 onward due to inflation, were reintroduced with the re-denomination. The former manat (ISO code 4217 AZM) remained valid through 31 December 2006.
The new banknotes and Azerbaijani Manat symbol, ₼, were designed by Robert Kalina in 2006, and the symbol was added to Unicode (U+20BC) in 2013, after failed addition proposals between 2008 and 2011. The final Azeri Manat symbol design was inspired by the design of the Euro sign (€), based on an initial proposal by Mykyta Yevstifeyev, and resembles a single-bar Euro sign rotated 90° clockwise. The manat symbol is displayed to the right of the amount.
Coins in circulation are 1, 3, 5, 10, 20 and 50 qəpik. Most coins closely resemble the size and shape of various euro coins. Most notably the bimetallic 50 qəpik (similar to the €2 coin) and the 10 qəpik (Spanish flower, like the 20 euro cent coin). Coins were first put into circulation during January 2006 and do not feature a mint year.
|Image||Value||Technical parameters||Description||Date of|
|1 qəpik||16.25 mm||2.8 g||Copper-plated steel||Plain||Theme: Culture
traditional instruments used in performing modal music-mugham
|Map of Azerbaijan, country name, value||(2006)||January 2006||Current||-|
|3 qəpik||18.00 mm||3.45 g||Grooved||Theme: Writing and Literature|
|5 qəpik||19.75 mm||4.58 g||Reeded||Theme: History|
|10 qəpik||22.25 mm||5.25 g||Brass-plated steel||Notched
|20 qəpik||24.25 mm||6.6 g||Segmented reeding||Theme: Education and Future|
|50 qəpik||25.5 mm||7.7 g||Inner ring: brass-plated steel
Outer ring: stainless steel
|Theme: Economy and Progress|
Banknotes in circulation are 1, 5, 10, 20, 50, 100, and 200 manat. They were designed by Austrian banknote designer Robert Kalina, who also designed the current banknotes of the euro and the Syrian Pound. The notes look quite similar to those of the euro and the choice of motifs was inspired by the euro banknotes.
|Image||Value||Dimensions||Main Color||Description||Date of|
|1 manat||120 × 70 mm||Grey||Theme: Culture
||Ornaments of ancient Azerbaijani carpets||2005
|5 manat||127 × 70 mm||Orange||Theme: Writing and literature
||Rock drawings of Gobustan, samples of Old Turkic script|
|10 manat||134 × 70 mm||Teal||Theme: History
||Ornaments of ancient Azerbaijani carpets||2005||March 2006|
|20 manat||141 × 70 mm||Green||Theme: Karabakh
Signs of power (a sword, a helmet and a shield)
|Symbol of peace (harybulbul)|
|50 manat||148 × 70 mm||Yellow||Theme: History and future
Youth, stairs (as a symbol of progress), the sun (as a symbol of force and light) and chemical and mathematical symbols (as signs of science)
|Ornaments of ancient Azerbaijani carpets||April 2006|
|100 manat||155 × 70 mm||Mauve||Theme: Economy and development
Architectural symbols from antiquity up to today, the manat currency symbol (₼) and symbols of economic growth
|Ornaments of ancient Azerbaijani carpets|
|200 manat||160 × 70 mm||Blue||Theme: Modern architecture
||Ornaments of ancient Azerbaijani carpets||2018||24 May 2018|
|These images are to scale at 0.7 pixel per millimetre. For table standards, see the banknote specification table.|
|1 manat (2009)|
|5 manat (2009)|
|100 manat (2013)|
|200 manat (2018)|
|Current AZN exchange rates|
|From Google Finance:||AUD CAD CHF EUR GBP HKD JPY USD RUB TRY GEL|
|From Yahoo! Finance:||AUD CAD CHF EUR GBP HKD JPY USD RUB TRY GEL|
|From XE:||AUD CAD CHF EUR GBP HKD JPY USD RUB TRY GEL|
|From OANDA:||AUD CAD CHF EUR GBP HKD JPY USD RUB TRY GEL|
|From fxtop.com:||AUD CAD CHF EUR GBP HKD JPY USD RUB TRY GEL|