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Encyclopedia > Azerbaijanian Manat

The manat (currency code: AZN) is the currency unit of Azerbaijan. 1 Azerbaijani manat equals 100 qəpik.

Contents


History

For earlier Azeri currency, see Azeri ruble. The ruble was the separate currency of Azerbaijan between 1919 and 1922. ...


The word manat is borrowed from the Russian word "монета" (coin) which is pronounced as "maneta". Manat was also the designation of the Soviet ruble in both Azerbaijani language and Turkmen. Soviet redirects here. ... 1997 Russian Federation one rouble coin, obverse and reverse 1898 Russian Empire one rouble bill, obverse 1898 Russian Empire one rouble bill, reverse The ruble or rouble (Russian рубль; see note on spelling below) is the name of the currencies of the Russian Federation and Belarus (and formerly, of the Soviet... The Azerbaijani language, also called Azeri, Azari, Azeri Turkish, or Azerbaijani Turkish, is the official language of Republic of Azerbaijan. ...


The old manat was introduced in 1992, replacing the Soviet ruble at a rate of ten rubles to one old 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 stable 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 old Azerbaijani manats (AZM). 1997 Russian Federation one rouble coin, obverse and reverse 1898 Russian Empire one rouble bill, obverse 1898 Russian Empire one rouble bill, reverse The ruble or rouble (Russian рубль; see note on spelling below) is the name of the currencies of the Russian Federation and Belarus (and formerly, of the Soviet... 2002 (MMII) was a common year starting on Tuesday of the Gregorian calendar. ... 2005 (MMV) was a common year starting on Saturday of the Gregorian calendar. ... This article is about general United States currency. ... A petrodollar is a dollar earned by a country through the sale of oil. ... 2005 (MMV) was a common year starting on Saturday of the Gregorian calendar. ...


With effect from 1 January 2006, the new manat (AZN) was created at the rate of 1 new manat (or manat (national currency)) (AZN) = 5000 old manats (AZM). One US dollar is currently (as of 2006) worth 0.918 Azerbaijani manats. Since 1 October 2005 prices have been indicated both in new manats and in old manats to ease transition. Coins denominated in qəpik, which had not been used from 1993 onwards due to inflation, have been reintroduced with the redenomination. January 1 is the first day of the calendar year in both the Julian and Gregorian calendars. ... 2006 (MMVI) is a common year starting on Sunday of the Gregorian calendar. ... This article is about general United States currency. ... 2006 is a common year starting on Sunday of the Gregorian calendar. ... October 1 is the 274th day of the year (275th in Leap years). ... 2005 (MMV) was a common year starting on Saturday of the Gregorian calendar. ...


Coins and Banknotes

Azerbaijani Manat Currency Symbol
Enlarge
Azerbaijani Manat Currency Symbol

Prior to the redenomination, the following banknotes were in circulation: [1]

  • 1, 5, 10, 250 manats (all first issued in 1992)
  • 50, 100, 500, 1,000 manats (all first issued in 1993)
  • 10,000 manats (first issued in 1994)
  • 50,000 manats (first issued in 1996)

Old banknotes with denominations from 1 to 250 manats featured Baku's Maiden Tower. Banknotes with a worth below 100 manats had effectively disappeared by 2005, as had the qəpik coins. Satellite view of Baku The Baku harbour on the south of Absheron peninsula The Maiden Tower in old town Baku Bakı (Azerbaijani: Bakı), also known as Baku, is the capital of Azerbaijan. ... This article is about the tower in old town Baku, Azerbaijan. ...


The following pieces of currency were issued on 1 January 2006: [2] January 1 is the first day of the calendar year in both the Julian and Gregorian calendars. ... 2006 (MMVI) is a common year starting on Sunday of the Gregorian calendar. ...


Coins:
1, 3, 5, 10, 20 and 50 qəpiks (the latter being bimetallic, similar to the €2 coin) The euro (EUR or €) is the currency of 12 European Union (EU) member states - Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, and Spain - four European microstates - Andorra, Monaco, San Marino and the Vatican City - Montenegro and Kosovo, as well as various EU institutions. ...


Banknotes:
1, 5, 10, 20, 50, 100


The banknotes have been designed by the Austrian currency designer Robert Kalina, who is also responsible for the current look of the euro banknote. The banknotes look quite similar to the euro banknotes, and the choice of motifs was inspired by the euro banknotes. The euro symbol The euro (EUR or €) is the single currency for many countries within the European Union. ...


The 1 manat banknote symbolizes Azerbaijan's rich traditional and modern culture. It depicts images of Azerbaijani folk musical instruments on the obverse, ornaments of ancient Azerbaijani carpets on the reverse. It has been suggested that Folkies be merged into this article or section. ... Ornament is frequently used to denote: An element of decoration. ...


The 5 manat banknote symbolizes Azerbaijan’s valuable contribution to the world literature. On the obverse, it depicts ancient writers, poets, and books from Azerbaijan, while the reverse pictures rock drawings of Gobustan, samples of Orhon-Yenisey and letters from the contemporary Azerbaijani alphabet. Qobustan is a rayon of Azerbaijan. ...


The 10 manat banknote symbolizes Azerbaijan’s ancient traditions of statehood and its rich history, depicting images of old Baku, the Sharvanshahs’ Palace and the Maiden Tower against a background of the Icheri Shekher wall on the obverse; on the reverse, ornaments of ancient Azerbaijani carpets and a map showing Azerbaijans integration into Europe can be seen. This article is about the tower in old town Baku, Azerbaijan. ...


The 20 manat banknote symbolizes the major goal of current Azerbaijani foreign policy, the territorial integrity of Azerbaijan – i.e., the Nagorno-Karabakh issue with Armenia. On the obverse, signs of power are displayed (a sword, a helmet and a shield), while the the symbol of peace (harybulbul) is depicted on the reverse, once again together with the map also shown on the 10 manat banknote. This page includes English translations of several Latin phrases and abbreviations such as . ... Nagorno-Karabakh (Azerbaijani: Dağlıq Qarabağ or Yuxarı Qarabağ, literally mountainous black garden or upper black garden; Russian: Нагорный Карабах, translit. ...


The 50 manat banknote symbolizes Azerbaijan's education and its future, displaying 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) on the obverse, while the reverse once again shows the common features of Azerbaijani carpet ornaments and the European map.


Finally, the 100 manat banknote symbolizes Azerbaijan's economic development and its status as a flourishing nation. Architectural symbols from antiquity up to today, the manat currency symbol (a stylicized M) and symbols of economic growth are displayed on the obverse, while the common features (carpets and map) are shown on the reverse.


See also

The manat is the currency unit of Turkmenistan. ...

External link

  • Link to a German language website Der Standard article on the redenomination
  • Baku Today article on the same with more pictures


Wikipedia does not have an article with this exact name. ...

Currencies of Asia and the Pacific
Central Afghan afghani | Kazakhstani tenge | Kyrgyzstani som | Mongolian tugrug | Russian ruble | Tajikistani somoni | Turkmenistani manat | Uzbekistani som
East Chinese yuan | Hong Kong dollar | Japanese yen | Macanese pataca | North Korean won | South Korean won | New Taiwan dollar
South-East Brunei dollar | Cambodian riel | Indonesian rupiah | Lao kip | Malaysian ringgit | Myanmar kyat | Philippine peso | Singapore dollar | Thai baht | US Dollar (East Timor) | Vietnamese đồng
South Bangladeshi taka | Bhutanese ngultrum | Indian rupee | Maldivian rufiyaa | Nepalese rupee | Pakistani rupee | Sri Lankan rupee
West Armenian dram | Azerbaijani manat | Bahraini dinar | Egyptian pound | Georgian lari | Iranian rial | Iraqi dinar | Israeli new sheqel | Jordanian dinar | Kuwaiti dinar | Lebanese pound | Omani rial | Qatari riyal | Saudi riyal | Syrian pound | Turkish new lira | UAE dirham | Yemeni rial
Pacific Australian dollar (Kiribati, Nauru, Norfolk Island, Tuvalu) | CFP franc (French Polynesia, New Caledonia, Wallis and Futuna) | Fijian dollar | New Zealand dollar (Cook Islands, Niue, Tokelau, Pitcairn Islands) | Papua New Guinean kina | Samoan tala | Solomon Islands dollar | Tongan pa'anga | US dollar (American Samoa, Guam, Hawaii, Marshall Islands, Federated States of Micronesia, Northern Mariana Islands, Palau) | Vanuatu vatu
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