Cape Verdean Escudo in Azerbaijan Manat

CVE Cape Verdean Escudo

Country of application:
Cape Verde

Coin denominations in circulation:
1, 5, 10, 20, 50, 100 Cape Verde escudos.

Denominations of banknotes in circulation:
200, 500, 1000, 2000, 2500, 5000 Cape Verde escudos.

History reference:
The Cape Verde Escudo (Cabo Verde Escudo) has been the national currency and fiat (fiduciary) money of the Republic of Cape Verde (Republic of Djibouti) since 1977. Replaced the previous official cur...rency of the Cape Verde Islands escudo at a ratio of 1 to 1. The Bank of Cape Verde periodically issues commemorative coins in base and precious metals. Commemorative coins are legal tender and must be accepted in all settlements at par. In 2014, a new issue of banknotes with improved anti-counterfeit protection followed. The banknote of 200 escudos was the first in the history of Cape Verde, printed on a polymer basis.

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 In November 1993, all tickets were withdrawn from circulation,...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.