AZNAzerbaijani ManatAzerbaijani Manat (AZN)
The Azerbaijani manat is Azerbaijan's national monetary unit and legal tender. The Central Bank of the Republic of Azerbaijan organizes the circulation of manat banknotes and coins and publishes information about their denominations and security features. One manat is divided into 100 qapik. AZN is the ISO identifier used by The manat's symbol can appear in domestic prices, but the three-letter code remains the safer choice in an international comparison because it carries both currency and country context.
- ISO code
- AZN
- Symbol
- ₼
- Region
- Europe
- Currency type
- Fiat currency
- Exchange system
- Azerbaijani Manat operates under the reviewed market-based exchange-rate framework; the central bank publishes official rates for reference and accounting purposes arrangement.
- Last reviewed
Convert this currency
AZN converter
AZNRate date:
Quick facts
AZN at a glance
Currency profile
How AZN works
The Azerbaijani manat is Azerbaijan's national monetary unit and legal tender. The Central Bank of the Republic of Azerbaijan organizes the circulation of manat banknotes and coins and publishes information about their denominations and security features. One manat is divided into 100 qapik. AZN is the ISO identifier used by The manat's symbol can appear in domestic prices, but the three-letter code remains the safer choice in an international comparison because it carries both currency and country context.
Central Bank of the Republic of Azerbaijan administers AZN within a market-based exchange-rate framework; the central bank publishes official rates for reference and accounting purposes system.
- The redenominated manat was placed into circulation in 2006.
- The reviewed cash profile records AZN 1, AZN 5, AZN 10, AZN 20, AZN 50, AZN 100, AZN 200 for banknotes and 1, 3, 5, 10, 20 and 50 qapik for coins.
Context
Why this currency matters
The current manat series was introduced in 2006 after a redenomination that changed the scale of prices and cash denominations. The central bank's currency-in-circulation information lists seven banknote denominations, from 1 to 200 manat, and six qapik coins, from 1 to 50 qapik. The bank also describes the themes and security elements used across the notes, which gives the currency a documented physical identity rather than treating it as only a market symbol. A conversion page for AZN should be understood alongside this domestic role: Azerbaijan's manat is best read with its country qualifier because manat is also a name used in Turkmenistan. The AZN code prevents that ambiguity in payment files and rate tables. The qapik subdivision and documented note series add practical context for shoppers, travelers and researchers comparing current amounts with older price information.
Monetary framework
Exchange arrangement
Azerbaijani Manat operates under the reviewed market-based exchange-rate framework; the central bank publishes official rates for reference and accounting purposes arrangement.
CurrencyHub shows daily reference rates. Banks, card networks, ATMs and transfer providers may apply different exchange rates, fees or spreads.
History timeline
Key dates for AZN
First Azerbaijani manat
The first national manat appeared during the Azerbaijan Democratic Republic.
Central Bank of the Republic of AzerbaijanPost-independence manat
Azerbaijan introduced a national manat after the Soviet period.
Central Bank of the Republic of AzerbaijanCurrent manat redenomination
The current AZN replaced the previous manat at 5,000 old manats to one new manat.
Central Bank of the Republic of Azerbaijan
Usage and economy
How AZN is used
- AZN denominates domestic contracts, wages, taxes and retail payments in Azerbaijan.
- The manat is compared with TRY, GEL, USD and EUR in trade, travel and energy-related accounts.
Banknotes and coins
AZN currency units
The issuing authority documents the reviewed AZN banknote denominations used in the current cash system.
The issuing authority documents the circulation coin system for AZN.
One Azerbaijani Manat unit is recorded with 2 decimal places and uses Qapik as its minor unit.
Related currencies
Currency relationships
Explore currencies connected through regional use, trade comparisons or monetary relationships.
FAQ
AZN questions
Who issues AZN banknotes and coins?
The Central Bank of the Republic of Azerbaijan organizes the issue and circulation of manat banknotes and coins.
When did the current manat series begin?
The new generation manat was introduced in 2006 after a 2005 redenomination that changed the nominal scale of monetary units.
Why use AZN instead of just manat?
Manat is a shared currency name in several contexts. AZN is the ISO code that identifies Azerbaijan's manat in cross-border payments and exchange-rate records.
Sources
Data and editorial review
Rate source: Frankfurter
Last reviewed:
Currency identity and cash information is checked against central-bank, government, ISO and official international sources.