This article has been translated from English to Gen Z Slang.
The Azerbaijani manat (AZN) is the main moolah 💸 of Azerbaijan, a vibe country vibin' in the South Caucasus of Eurasia.
The manat slid into the scene in '92, like right after Azerbaijan bounced from the Soviet Union, ditching the Soviet ruble as the OG currency.
The Azerbaijani manat is chopped into 100 qəpik, and flexes with the “₼” sign. 💰
The exchange rate of the manat is handled by the Central Bank of Azerbaijan, which is on the reg keeping an eye on the foreign exchange hustle to keep that currency value steady. 🔍
Since the manat showed up, Azerbaijan's been on a journey with cash makeovers to lock down a stable and non-inflating vibe with their money. 📈
In 2006, they dropped fresh new manat banknotes and coins, booting the oldies out. 💸
Nowadays, Azerbaijan's cash flow is majorly boosted by the oil and gas game, so when those oil prices go up or down, it can throw the manat a curveball. 🚀🌍
Plus, political drama and region tea can totally mess with the currency's vibe too. 😬📉