national monetary currency of Azerbaijan - manat is.He is the symbol of the global market AZN with currency code ISO 4217. Manat is divided into 100 kopecks, smaller national currency monetary form used to calculate the population of the country for cheaper goods.Cost denominated manats by far the largest of the US dollar and of 1,28 USD for 1 AZN.Currency in Azerbaijan after the reform in 2006 has a fairly stable and high rate, but on the outskirts of the state is still quite popular American dollar and the Russian ruble.
Denomination
Today in Azerbaijan used currencies banknote and coin form called Manat and kopecks respectively.Currency Azerbaijan printed on high quality paper of 120 X 70 X 155 mm to 70 mm and a nominal value of 1, 5, 10, 20, 50 and 100 units.Gyapikov is manufactured using brass, steel and copper denominations of 1, 3, 5, 10, 20 and 50 units.Appearance denominated currency that is fully used in Azerbaijan since 2007, developed the Austrian designer Robert Kalin.
history of Azerbaijani money
With the collapse of the Soviet Union and to produce 18 October 1991 the young state independence of Azerbaijan, together with the coat of arms and anthem had to be to get the national banknotes.However, due to the industrial difficulties and other adverse events in Azerbaijan until 1993. Now More all used the Soviet ruble and tickets bank of Russia.Manat have coined August 15, 1992.Then and coins were introduced in Azerbaijan - kopecks.But to this day the samples money that has not reached and were withdrawn from circulation in 2007.In 2005, the government decided to launch a full denomination of the national currency due to the large devaluation of the manat at the time.Then the currency of Azerbaijan thanks to Western designers got a modern look.But it was the release of partially implemented at the company De La Rue.The denomination was launched on 1 January 2006 with the government of the state to share 5000 old manats to 1 new.Money previous sample were in circulation right up until January 1, 2007.
financial Transcaucasian region
stable currency in Azerbaijan today - it is a convenient way to accumulate funds for the implementation of the various population costly programs to develop the country.That, in turn, is an important factor for the newly formed state in the Caucasus militant.Smart fiscal policy for the benefit of the people - this is the way in which now confidently goes to Azerbaijan.Currency, having greater purchasing power and has a certain level of trust of the population - is one of the most important elements in the process of social security.A stable exchange rate in Azerbaijan - it is a guarantee that the company will operate successfully with a high level of development of science, medicine, education and decent jobs - this is the future of modern civilization, in which all nations aspire to the post-Soviet space.
