No plans in Azerbaijan for a 3 or 200 manat note

Exactly one year ago it was 'absolutely certain' that larger denominations of 200 and 500 manat would be issued in Azerbaijan. Where are they now? Certainly not on the website of the Central Bank of Azerbaijan where only images of 1, 5, 10, 20, 50 and 100 manat can be seen.

Recently there were once again rumours of new banknotes to be issued, this time of 3 and 200 manat. Chairman of the Central Bank Elman Rustamov however has denied that such banknotes will be issued. There is according to Rustamov no reason for a larger denomination or a 3 manat note. The current set of denominations is said to be ideal.

Let's wait for the next rumour!

Steven Friday 15 November 2013 at 1:59 pm | | news
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