Azerbaijan Manat in Paraguayan Guarani

AZN Azerbaijan Manat

Country of application:
Azerbaijan

Coin denominations in circulation:
50, 20, 10, 5, 3 and 1 qepik.

Denominations of banknotes in circulation:
100, 50, 20, 10, 5, 2 and 1 manat.

History reference:
The countries of circulation are the Republic of Azerbaijan. The Azerbaijani manat became the national currency of the Republic in 1992. In November 1993, all tickets were withdrawn from circulation,... and in January 1994 the Azerbaijani manat received the status of a single means of payment. Putting into circulation in 1992, initially on a par with Soviet and then Russian rubles, largely influenced the status and purchasing value. Concomitant negative factors, which were first general political instability, and then the military conflict with neighboring Armenia, caused hyperinflation. As a result, by the beginning of 2006, the Central Bank of the country made a decision on the denomination, which turned out to be very successful in terms of further strengthening and stabilizing the exchange rate.

PYG Paraguayan Guarani

Country of application:
Paraguay

Coin denominations in circulation:
50, 100, 500, 1000 Guarani.

Denominations of banknotes in circulation:
2,000, 5,000, 10,000, 20,000, 50,000 and 100,000 Guarani.

History reference:
The Paraguayan Guarani (Guarani) has been the national currency and money of the Republic of Paraguay since 1944. Centimo tokens have not been issued since 1954 and are not used in cash circulation d...ue to their extremely low purchasing power due to chronically high inflation. The name Guarani comes from the eponymous group of Indian peoples living in Paraguay and partly in neighboring states. The origin of the word "Guarani" is still controversial. According to one version, translated from the dialect of the Tupi people, “Guarani” means “warrior”. The term was used by the first Jesuit missionaries to name the Indians who converted to Catholicism. The rights of the emission center belong to the Central Bank of Paraguay, founded in 1952.