Manat (Azerbaijan)

Azerbaijani manat
Azərbaycan manatı  (Azerbaijani)
Obverse of 1 manat coins of the manat
ISO 4217
Code	AZN
Denominations
Subunit
1/100	qəpik
Plural	The language(s) of this currency does not have a morphological plural distinction.
Symbol	₼
Banknotes	1, 5, 10, 20, 50, 100 manat
Coins	1, 3, 5, 10, 20, 50 qəpik
Demographics
User(s)	Azerbaijan (except self-proclaimed  Nagorno-Karabakh Republic)
Issuance
Central bank	Central Bank of Azerbaijan
Website	www.cbar.az
Valuation
Inflation	13.6% January 2016
Source	Central Bank of Azerbaijan
Method	CPI

The manat (code: AZN) is the currency of Azerbaijan. It is subdivided into 100 qəpik. The word manat is borrowed from the Russian word Монета "moneta" (coin) which is pronounced as "manta" and is a loanword from Latin. Manat was also the designation of the Soviet ruble in both the Azerbaijani and Turkmen languages.

The Azerbaijani manat symbol, ₼ (), was assigned to Unicode U+20BC in 2013. A lowercase m. or man. can be used as a substitute for the manat symbol.

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 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.

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