The Azerbaijani Manat is the official currency of Azerbaijan. It is known simply as the Manat within Azerbaijan and globally referred to by its full name to distinguish it from other currencies.
Understanding the Azerbaijani Manat
The Azerbaijani Manat serves as the sole legal tender for all transactions within the Republic of Azerbaijan. It is a crucial component of the country's economic system, facilitating trade, investment, and daily financial activities for its citizens and businesses.
Key Identifiers:
- Official Name: Azerbaijani Manat
- ISO 4217 Code: AZN
- Currency Symbol: ₼
Quick Facts about the Azerbaijani Manat
To provide a clear overview, here's a table summarizing the essential details of the Azerbaijani Manat:
| Feature | Description |
|---|---|
| Currency Name | Azerbaijani Manat |
| Country | Azerbaijan |
| ISO Code | AZN |
| Currency Symbol | ₼ |
| Status | Official currency, legal tender in Azerbaijan |
The currency symbol ₼ is unique to the Azerbaijani Manat and is used to denote prices and values in Manat. Its ISO 4217 code, AZN, is widely recognized in international financial markets and currency exchange services, helping to standardize its identification globally.
