Pound Sterling to Azerbaijan Manat — exchange rate

Country of Circulation: United Kingdom, Guernsey, Isle of Man, Jersey

Currency Code, Symbol: GBP, £

Denominations of coins in circulation: 1p, 2p, 5p, 10p, 20p, 50p, £1, £2

Denominations of banknotes in circulation: £1, £5, £10, £20, £50, £100

History: The British pound or pound sterling (symbol: £, code: GBP, number: 826) is the national currency of the United Kingdom of Great Britain. It is an official currency of Gibraltar, the Falkland Islands, Saint Helena. The GBP abbreviation is used to identify £ in the international financial arena.Change is called pence, also known as British pennies. One GBP has 100 pennies. It is one of the oldest world currencies. The currency was issued in 1694, replacing the East African rupee. In spite of mass euro introduction on the European territory, Great Britain refused to get rid of its local currency. Pound sterling has remained the main reserve currency for many governments for a long time.Read More

Country of Circulation: Azerbaijan

Currency Code, Symbol: AZN, ₼

Denominations of coins in circulation: 1, 3, 5, 10, 20, 50 qəpik

Denominations of banknotes in circulation: 1, 5, 10, 20, 50, 100, 200 manat

History: The Azerbaijani manat (₼) is the currency that operates within Azerbaijan. The currency is called AZN in the international financial arena for convenience purposes. Manat can be subdivided into qapik.AZN equals 100 qapik, at the moment, there are coins worth 1 qapik used in circulation. The Azerbaijani manat was adopted as the national currency in 1992 after the dissolution of the USSR replacing the Soviet ruble. Many people notice that the national currency of Azerbaijan resembles euro. The Australian designer Robert Kalina, who has also participated in creating euro, took part in designing the notes.Read More