Information about currency: Manat (Modern Manat, 1992 - present)

The manat (code: AZN) is the currency of Azerbaijan. It is subdivided into 100 qəpik. The Azerbaijani manat symbol was assigned to Unicode U+20BC in 2013. A lowercase m can be used as a substitute for the manat symbol. 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 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.

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 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. At the end of 2005, one dollar was worth 4591 manat. Banknotes below 100 manat had effectively disappeared by 2005, as had the qəpik coins.

The manat (code: AZN) is the currency of Azerbaijan. It is subdivided into 100 qəpik. The Azerbaijani manat symbol was assigned to Unicode U+20BC in 2013. A lowercase m can be used as a substitute for the manat symbol. 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.

On 1 January 2006, a new manat (ISO 4217 code AZN, also called the "manat (national currency)") was introduced at a value of 5,000 old manat. Since 1 October 2005, prices have been indicated both in new manat and in old manat to ease transition. Coins denominated in qəpik, which had not been used from 1993 onward due to inflation, have been reintroduced with the re-denomination. The former manat (ISO code 4217 AZM) remained valid through 31 December 2006.