Banknotes of Azerbaijan

The official currency of Azerbaijan is the Azerbaijani manat, issued by the Central Bank of Azerbaijan. Paper money was first introduced in Azerbaijan in 1919, shortly after the establishment of the Azerbaijan Democratic Republic. In 2006, the manat underwent a redenomination, where 5,000 old manats were exchanged for 1 new manat, which was part of a broader monetary reform. Collectors are drawn to Azerbaijan’s banknotes for their unique designs, which often feature prominent figures from Azerbaijani history and landmarks. The latest series, issued in 2006, showcases vibrant colors and intricate patterns, including security features such as watermarks and holograms that enhance both the aesthetic appeal and security of the currency.