What is the official currency of the Republic of Azerbaijan?
Answer and explanation
Correct answer: B. Azerbaijani Manat (AZN)
- Step 1: The Manat was adopted as Azerbaijan's national currency in August 1992 following independence from the Soviet Union.
- Step 2: In 2006, a new manat was introduced at a ratio of 1 new manat = 5,000 old manats, designed with visual motifs created by euro banknote designer Robert Kalina.
Answer
Azerbaijani Manat (AZN)
Why not the others: 'Georgian Lari' is the currency of Georgia; 'Armenian Dram' is the currency of Armenia; 'Turkish Lira' is the currency of Turkey.
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