# Azerbaijani manat

> currency

**Wikidata**: [Q483725](https://www.wikidata.org/wiki/Q483725)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/Azerbaijani_manat)  
**Source**: https://4ort.xyz/entity/azerbaijani-manat

## Summary
The Azerbaijani manat (AZN) is the official currency of Azerbaijan, introduced in 1992 to replace the Soviet ruble after the country's independence. It is a generally accepted medium of exchange for goods and services, and its use is regulated by the economy of Azerbaijan, which has evolved since the establishment of the first Azerbaijani republic in 1918.

## Key Facts
- The Azerbaijani manat (AZN) is the currency of Azerbaijan, a country in the Caucasus region of Eastern Europe and Western Asia.
- It was introduced in 1992, replacing the Soviet ruble following Azerbaijan's independence in 1991.
- The manat is also known by its ISO code AZN and is sometimes referred to as the Azerbaijan manat.
- The currency is used alongside the Russian ruble, which is the currency of the Russian Federation.
- The Nakhchivan Autonomous Republic, an autonomous republic within Azerbaijan, also uses the Azerbaijani manat.
- The economy of Azerbaijan, which includes the Nakhchivan Autonomous Republic, relies on the manat as its primary currency.
- The Azerbaijani manat succeeded the Soviet ruble, which was the currency of the Union of Soviet Socialist Republics and was briefly used by post-Soviet states after the dissolution of the Soviet Union.

## FAQs
**What is the Azerbaijani manat?**
The Azerbaijani manat (AZN) is the official currency of Azerbaijan, introduced in 1992 to replace the Soviet ruble. It serves as a medium of exchange for goods and services within the country and its autonomous regions.

**When was the Azerbaijani manat introduced?**
The manat was introduced in 1992, following Azerbaijan's independence from the Soviet Union in 1991.

**Which countries use the Azerbaijani manat?**
The Azerbaijani manat is the official currency of Azerbaijan and is also used in the Nakhchivan Autonomous Republic, an autonomous region within Azerbaijan.

**What preceded the Azerbaijani manat?**
The Azerbaijani manat replaced the Soviet ruble, which was the currency of the Union of Soviet Socialist Republics and was briefly used by post-Soviet states after the Soviet Union's dissolution.

**How does the Azerbaijani manat relate to the Russian ruble?**
The Azerbaijani manat is distinct from the Russian ruble, which is the currency of the Russian Federation. Both currencies are used in their respective countries, with the manat being the primary currency of Azerbaijan.

## Why It Matters
The Azerbaijani manat plays a crucial role in the economic framework of Azerbaijan, a country with a rich history of republics, including the first Azerbaijani republic established in 1918. Its introduction in 1992 marked a significant shift from the Soviet ruble, reflecting Azerbaijan's transition to an independent economic system. The manat's use is integral to the country's economy, which includes the Nakhchivan Autonomous Republic, and its stability is essential for trade and financial transactions within the region.

## Notable For
- Being the official currency of Azerbaijan since 1992, replacing the Soviet ruble.
- Serving as the primary medium of exchange in the Nakhchivan Autonomous Republic.
- Reflecting Azerbaijan's economic independence following its separation from the Soviet Union.
- Being distinct from the Russian ruble, which is used in the Russian Federation.

## Body
### History
The Azerbaijani manat was introduced in 1992, replacing the Soviet ruble after Azerbaijan gained independence in 1991. This transition marked a significant shift in the country's economic system, establishing the manat as the primary currency for transactions within Azerbaijan and its autonomous regions. The manat's introduction was part of a broader economic restructuring following the dissolution of the Soviet Union.

### Economic Role
The Azerbaijani manat is a generally accepted medium of exchange for goods and services, playing a central role in the economy of Azerbaijan. The country's economy, which includes the Nakhchivan Autonomous Republic, relies on the manat for financial transactions and trade. The manat's use is regulated by the economic policies of Azerbaijan, which have evolved since the establishment of the first Azerbaijani republic in 1918.

### Relationship to Other Currencies
The Azerbaijani manat is distinct from the Russian ruble, which is the currency of the Russian Federation. Both currencies are used in their respective countries, with the manat being the primary currency of Azerbaijan. The manat's introduction in 1992 was a response to the end of Soviet rule, reflecting Azerbaijan's desire for economic independence.

### Autonomous Regions
The Nakhchivan Autonomous Republic, an autonomous republic within Azerbaijan, also uses the Azerbaijani manat. This region, established in 1990, operates under the framework of the manat, contributing to the overall economic stability of Azerbaijan. The manat's use in Nakhchivan reflects the unified economic system within the country.

### Predecessor Currency
The Azerbaijani manat succeeded the Soviet ruble, which was the currency of the Union of Soviet Socialist Republics. The Soviet ruble was briefly used by post-Soviet states after the dissolution of the Soviet Union, but the manat was introduced as a distinct currency for Azerbaijan. This transition was part of a broader economic restructuring following the end of Soviet rule.

## References

1. ISO 4217
2. Freebase Data Dumps. 2013
3. BBC Things
4. Quora
5. GF WordNet