The manat is the currency unit of Azerbaijan. 1 Azeri manat (AZM) equals 100 gopiks (gopiks no longer used due to inflation).

The word Manat is borrowed from the Russian word "moneta" which is pronounced as "manyeta" in Russian meaning "coin".

Manat was also the designation of the Soviet rouble in both Azeri and Turkmen.

As of January 6, 2005, one US dollar is worth 4,922.94 Azerbaijani manats. Coins are not in use

Banknotes in circulation [1] (http://www.nba.az/eng/currency/1.shtml)

• 1 Manat
• 5 Manat
• 10 Manat
• 50 Manat
• 100 Manat
• 250 Manat
• 500 Manat
• 1,000 Manat
• 5,000 Manat
• 10,000 Manat
• 50,000 Manat

See also: Manat (Turkmenistan)

External links and references

• Check current Manat´s exchange rate (http://www.bloomberg.com/analysis/calculators/currency.htm)