First Azerbaijani Manat

منات

The Azerbaijan Democratic Republic and its successor the Azerbaijan Soviet Socialist Republic issued their own currency between 1919 and 1923.

Name

The currency was called the manat (منات) in Azerbaijani and the ruble (рубль) in Russian, with the denominations written in both languages (and sometimes also in French) on the banknotes.

The word manat is borrowed from the Persian word “munāt” and Russian word Монета “moneta” (coin) which is pronounced as “maneta” and is a loanword from Latin. Manat was also the designation of the Soviet ruble in both the Azerbaijani and Turkmen languages. Persian word “munāt” and The word manat is borrowed from the Russian word Монета “moneta” (coin) which is pronounced as “maneta” and is a loanword from Latin. Manat was also the designation of the Soviet ruble in both the Azerbaijani and Turkmen languages.

Subdivision

No subdivisions were issued for the first manat.

History

The manat replaced the first Transcaucasian ruble at par and was replaced by the second Transcaucasian ruble after Azerbaijan became part of the Transcaucasian Soviet Federal Socialist Republic.

Coins

No coins were issued for the first manat.

Banknotes

The Democratic Republic issued notes in denominations of 25 manat, 50 manat, 100 manat, 250 manat and 500 manat.

A similar 100 manat banknote was issued by the Azerbaijan Government in 1919.

The Soviet Socialist Republic issued notes in denominations of 5 manat, 100 manat, 1,000 manat, 5,000 manat, 10,000 manat, 25,000 manat, 50,000 manat, 100,000 manat, 250,000 manat, 1 million manat and 5 million manat.

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