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1000 Manat

Issuer Milli Bank of Azerbaijan
Year 1993-1999
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In circulation to 31 December 2006
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Reverse description Central vignette composed of an elaborate interlaced arabesque medallion in dark brown on a light blue guilloche ground, enclosing the denomination in both numeral and word form. A floral and foliate border panel runs along the lower edge, while a green and pink botanical motif occupies the left margin; a guilloche rosette appears at the lower right corner.
Reverse lettering AZƏRBAYCAN MİLLİ BANKI min 1000 manat
(Translation: National Bank of Azerbaijan, One Thousand Manat)
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Comments

Azerbaijan's Milli Bank issued this denomination during an extraordinarily difficult period — the country was simultaneously managing post-Soviet monetary independence, hyperinflation, and an active war with Armenia over Nagorno-Karabakh. The 1000 Manat, a substantial face value at introduction, was rendered effectively small-denomination within a few years by inflation that eventually necessitated a full redenomination in 2006 at a rate of 5,000 old Manat to one new.

The series as a whole was printed by Goznak in Moscow — a notable irony for a newly sovereign state, still relying on Russian state printing infrastructure for its own currency.

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