Azerbaijan
Azerbaijan will not revise notes with new bank name
Feb 18, 2009 06:31 PM Category:
Eurasia
According to a Trend Capital report dated 18 February 2009, “The
Azerbaijani current banknotes in circulation and money reserves
created on basis of banknotes will not be changed or replaced in
connection with renaming the National Bank of Azerbaijan into the
Central Bank according to the constitutional amendments, the NBA
said. ‘Depending on results of referendum, changes can be made to
banknotes in circulation and new face-values in case of request.
Banknotes in circulation will be legal way of payment until their
circulation term ends,’ the bank said.”
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Azerbaijan transition to new notes 90% complete
Sep 21, 2006 10:53 AM Category:
Eurasia
According to a 21 September 2006 Azeri-Press Information Agency report, the National Bank of Azerbaijan’s cash department deputy director Hajibala Masimov claims that 90 percent of the notes now in circulation are of the new manat series (Pick 24-29), introduced from January through May. The old style notes will continue to circulate until January 1, 2007, after which time they must be exchanged for new notes at banks. Masimov also said that there are no plans to issue a denomination larger than the current 100-manat note (Pick 29).
Images courtesy of Rastsislau Permiakou.