Singapore Dollar in Azerbaijan Manat

SGD Singapore Dollar

Country of application:
Singapore

Coin denominations in circulation:
$ 1, 50, 20, 10, 5 and 1 cent.

Denominations of banknotes in circulation:
10 thousand, 1 thousand, 100, 50, 10, 5, 2 dollars.

History reference:
The Singapore dollar is the national currency of Singapore. Singapore was founded by Sir Stamford Raffles in February 1819. Until June 1823, Singapore was under British colonial rule. During this per...iod, Singapore became an important center of transit trade in Southeast Asia and a major port city. In circulation in Singapore, the first coins appeared in 1824, minted by the Calcutta Mint in India. The coins were made of copper with a face value of 1/3 cent and silver with a face value of 1/30 dollar. Between 1845 and 1939 Singapore used the Straits dollar. After that it was replaced by the Malayan dollar, and from 1953 by the Malaya and British Borneo dollar, which were issued by the Board of Commissioners of the Currency in Malaya and British Borneo.

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 In November 1993, all tickets were withdrawn from circulation,...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