Azerbaijani manat exchange rate
WE SELL RATE HISTORY OF AZERBAIJANI MANAT
WE BUY RATE HISTORY OF AZERBAIJANI MANAT
The Azerbaijani Manat is the official currency of Azerbaijan.
Banknotes: 1, 5, 10, 20, 50, 100, 200, and 500
Coins: 1, 3, 5, 10, 20, 50 qapik, and 1 Manat (100 qapik)
Subunit: qapik
Code: AZN
Main Exchanges
If you're planning to travel to Baku, Sheki, Ganja, or any other city in Azerbaijan, you'll need to exchange your Euros for Azerbaijani Manats. Ask us about the exchange rate for your trip and make sure to carry local currency before you go.
About the Azerbaijani Manat
The manat is the official currency of Azerbaijan. Its symbol is ₼ and its ISO code is AZN. One manat is divided into 100 qepik. It is the sole legal tender in the country and is used for all types of transactions, both in urban and rural areas.
History of the Azerbaijani Currency
The manat was first introduced in 1919 during the Azerbaijan Democratic Republic but was later replaced by the Soviet ruble when the country became part of the USSR. In 1992, following Azerbaijan's independence, the manat was reintroduced as the national currency. A monetary reform in 2006 resulted in the "new manat" (AZN), where 1 AZN equaled 5,000 of the old manats.
The modern manat is issued and regulated by the Central Bank of Azerbaijan, which is responsible for maintaining monetary stability in the country.
Banknotes and Coins of the Azerbaijani Manat
Banknotes currently in circulation come in denominations of 1, 5, 10, 20, 50, and 100 manats. Their design reflects national identity, with references to the country’s history, culture, and development. Each note features modern security elements and symbolic artwork.
Coins (qepik) are available in 1, 3, 5, 10, 20, and 50 qepik denominations. They are made from various metals and carry minimalist national designs.
Do I need cash in Azerbaijan?
Yes. While card payments are increasingly accepted in larger cities like Baku—especially in hotels, restaurants, and major shops—cash remains essential for use in local markets, public transport, and rural areas. It's advisable to carry some manats from the start of your journey or exchange money at authorized currency exchange points once you arrive.
Look for the closest office with this currency