Money & Shopping
Currency: New Azerbaijani manat ("Yeni Manat")
Currency code: AZN
Due to inflation, the "old" manat AZM, were replaced by "New Azerbaijani manat" on 1 January 2007, but the transition is still continuing and old manat can still be swapped for new.
New banknotes of 1, 5, 10, 20, 50, 100 New Azerbaijani manat and metal coins of 1, 3, 5, 10, 20 New Azerbaijani manat and 50 gapik (AZN0.5) circulate. The banknotes are of a uniform design somewhat reminiscent of euro banknotes since the same designer worked on both sets.
On 14 July 2013:
- GBP1 = AZN1.191
- €1 = AZN1.026
- US$1 = AZN 1.62
For more rates, please visit the web page of the Central Bank of The Republic Of Azerbaijan
Keep in mind that import and export of New Azerbaijani manat is strictly forbidden. (Collectors can export small quantities of old manat banknotes - but not coins - with relative impunity)