) is the currency
. 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
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.
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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