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10 Manat
| Issuer | National Bank of Azerbaijan |
|---|---|
| Year | 1992 |
| Type | Standard circulation banknote |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Protection type | Watermark |
| Protection description | a repeating pattern visible in the unprinted area at the left of the obverse and upper right of the reverse. |
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| Comments |
Azerbaijan declared independence in 1991, and this 1992 issue belongs to the country's first sovereign currency series — printed by Thomas De La Rue in London while the new state was simultaneously fighting a war with Armenia over Nagorno-Karabakh. The manat replaced the Soviet ruble at par initially, though hyperinflation quickly made low denominations like this one functionally obsolete within a few years of issue.
The single security feature — a watermark — reflects the compressed timeline under which these notes were commissioned. More sophisticated specifications simply weren't practical given the urgency of establishing a functioning currency from scratch.