US Dollar in Azerbaijan Manat

USD US Dollar

Country of application:
US, American Samoa, British Indian Ocean Territory, British Virgin Islands, Virgin Islands (US), Timor Leste, Haiti, Guam, Marshall Islands, Micronesia, Palau, Panama, Puerto Rico, Northern Mariana Islands, Turks and Caicos Islands, Ecuador

Coin denominations in circulation:
$ 1, 50, 25, 10, 5 and 1 cent.

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

History reference:
The US dollar is the countrys official currency and one of the worlds reserve currencies. The name "dollar" is secondary to the name of the European silver coin. Its appearance falls on the period an...d 1775 to 1783 (during the American Revolutionary War). Initially, dollars were only in the form of coins

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 In November 1993, all tickets were withdrawn from circulation,...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