Azerbaijani manat

The manat (ISO code: AZN; sign: ₼; abbreviation: m) is the currency of Azerbaijan.

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 Democratic Republic issued notes in denominations of 25, 50, 100, 250, and 500 manats, 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 manats.

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.

Coins denominated in qəpik, which had not been used from 1993 onward due to inflation, were reintroduced with the re-denomination.

[5] The final Azerbaijani Manat symbol design was inspired by the design of the Euro sign (€), based on an initial proposal by Mykyta Yevstifeyev,[6] and resembles a single-bar Euro sign rotated 90° clockwise.

The new manat was initially assigned the code AYM on being added to the ISO 4217 standard on 1 June 2005, with an effective date of 1 January 2006.

Coins were first put into circulation during January 2006 and do not feature a mint year.

[9] In February 2013, the Central Bank of Azerbaijan announced it would not introduce larger denomination notes until at least 2014.

[13] Azerbaijani folk music instruments (daf, kamancheh, tar) Writers, poets, and books from Azerbaijan, with a written excerpt of the national anthem (Namusunu hifz etmeyə, Bayrağını yükseltməyə, Çümlə gənclər müştaqdır!

and letters from the contemporary Azerbaijani alphabet (ə, ö, ğ, ş) Old Baku, the Palace of the Shirvanshahs and the Maiden Tower against a background of the Icheri Sheher wall Signs of power (a sword, a helmet and a shield) 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) Architectural symbols from antiquity up to today, the manat currency symbol (₼) and symbols of economic growth The Heydar Aliyev Center, Baku Azerbaijani folk music instruments (daf, kamancheh, tar) Writers, poets, and books from Azerbaijan, with the lyrics of the full Azərbaycan marşı Old Baku, the Palace of the Shirvanshahs and the Maiden Tower against a background of the Icheri Sheher wall Signs of power (a sword, a helmet and a shield) 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) (commemorative) Poppies, Khodaafarin stone bridges

Gapik coins of the second manat