Macedonian Denar in Azerbaijan Manat

MKD Macedonian Denar

Country of application:
North Macedonia

Coin denominations in circulation:
1, 2, 5, 10, 50 denars.

Denominations of banknotes in circulation:
10, 50, 100, 200, 500, 1000 denars.

History reference:
The Macedonian dinar (denar) has been the national currency and money of the Republic of North Macedonia since 1992 after the collapse of Yugoslavia. A year later, in 1993, a denomination was carried... out in the ratio of 1 new denar to 100 old ones. The name dinar comes from the name of the ancient Roman monetary unit, the denarius. On September 8, 1991, it declared independence and seceded from Yugoslavia. The Macedonian denar as a national currency was introduced on April 26, 1992, first in the form of temporary coupons, and a year later in the form of the first full-fledged issue of coins and banknotes of dinars. The coupons indicated only the denomination without the name of the monetary unit, since the law on the Macedonian currency had not yet been adopted. The coupons were printed on low-quality, low-security paper purchased in Slovenia. The circulation was printed by the printing house "October 11" (Prilep). The design of coupons was developed by an employee of the Prilep printing house within a week.

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 In November 1993, all tickets were withdrawn from circulation,...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