The
Manat (
code:
AZN) is the
currency of
Azerbaijan. It is subdivided into 100
qəpik. The word
manat is borrowed from "moneta" (coin) which is pronounced as "maneta". Manat was also the designation of the
Soviet ruble in both the
Azerbaijani and
Turkmen languages.
The Azerbaijani manat symbol, , is currently not encoded in
Unicode, and m, man., can be used as a substitute for the manat symbol.
First Manat, 1919-1923
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
Azeri and the ruble (рубль) in
Russian, with the denominations written in both languages (and 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.
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.
Second Manat, 1992-2006
The second manat was introduced on 15 August 1992. It had the
ISO 4217 code AZM and replaced the
Soviet ruble at a rate of 10 rubles to 1 manat.
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