Azerbaijan New Manat is the currency of Azerbaijan. The word manat was borrowed from the Russian word moneta. The manat replaced the first Transcaucasian ruble. Coins were issued in denominations of 5, 10, 20 and 50 qəpik, dated 1992 and 1993. 1. * USD/AZN - US Dollar Azerbaijani Manat 2. * Azerbaijan’s Central Bank sets manat rate for Feb. 3. * Fitch Ratings: Azerbaijani government is trying to prevent manat’s devaluation, news.az