5 Manat Nakhchivan

Nakhchivan is an exclave of Azerbaijan separated from the main territory by a strip of Armenian land — a geopolitical anomaly that dates to Soviet border decisions of the early 1920s and became acutely significant once the Nagorno-Karabakh conflict severed overland transit routes in the late 1980s. The autonomous republic has issued its own commemorative coinage through the Central Bank of Azerbaijan, a practice that reflects its distinct constitutional status as an autonomous republic within a republic.