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20 Manat

Issuer National Bank of Azerbaijan
Year 2005
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Reference(s) P#28
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Obverse lettering AZƏRBAYCAN MİLLİ BANKI İYİRMİ MANAT
(Translation: National Bank of Azerbaijan, Twenty Manat)
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Reverse lettering İYİRMİ MANAT
(Translation: Twenty Manat)
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Comments

Robert Kalina designed the entire 2005 Azerbaijani manat series shortly after completing the Europa series banknotes for the European Central Bank — the family resemblance in layout and security architecture is not coincidental. The Austrian State Printing Works in Vienna has produced currency for dozens of post-Soviet states since the early 1990s, and Azerbaijan's 2005 redenomination issue was part of a broader effort to replace the heavily inflated old manat, which had been trading at 4,500-to-one against its replacement.

The redenomination took effect 1 January 2006, making this series simultaneously new and immediately historical upon release.

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