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1000 Manat
| Issuer | Republic of Azerbaijan |
|---|---|
| Year | 1993 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Second manat (1992-2006) |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | DÖVLÄT DAXİLİ UDUŞLU İSTİQRAZI AZÄRBAYCAN RESPUBLİKASI İSTİQRAZ VÄRÄQÄSİ BİR MİN MANAT 1993 (Translation: Government Domestic Winning Bonds, Republic of Azerbaijan, Bond sheet, One Thousand Manat) |
| Reverse description | Log in to see details |
| Reverse lettering | AZÄRBAYCAN RESPUBLİKASININ 1993-CÜ İL DÖVLÄT DAXİLİ UDUŞLU İSTİQRAZININ ŞÄRTLÄRI BİR MİN MANAT (Translation: Terms of the 1993 State Domestic Lottery Bond of the Republic of Azerbaijan, One Thousand Manat) |
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| Comments |
Azerbaijan's first post-Soviet currency series was printed under genuinely chaotic conditions — the country had declared independence in 1991 but was simultaneously fighting a war with Armenia over Nagorno-Karabakh, and the treasury was in no position to negotiate lengthy printing contracts. The 1993 high-denomination notes were introduced as inflation, imported largely from the collapsing ruble zone, began eroding the lower values almost immediately after issue.
The manat itself replaced the Soviet ruble at a rate of 10 rubles to 1 manat, but that ratio quickly became theoretical fiction. By the mid-1990s, notes of this denomination were themselves insufficient for routine transactions, and a redenomination eventually followed in 2006 at 5,000 old manat to 1 new manat.