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200 Manat

Issuer Central Bank of Azerbaijan
Year 2018
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Composition Cotton paper
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Reverse lettering İKİ YÜZ MANAT
200
(Translation: Two Hundred Manat, 200)
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Protection description Embedded windowed security thread with colour-shifting properties; the Azerbaijani flame emblem visible when held to light; optically variable ink (OVI) green rosette device on obverse left; colour-shifting flame symbol on obverse right
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Comments

Azerbaijan's 200 Manat was introduced as part of the second-generation manat series, launched in the wake of the currency's severe devaluation in 2015, when the Central Bank abandoned its dollar peg and the manat lost roughly half its value in two discrete drops within a single year. The high denomination was a practical response to that inflationary shock — denominations that had seemed unnecessary before 2015 became suddenly logical.

G+D's Leipzig facility has printed Azerbaijani manat notes since the series began, giving the relationship unusual continuity for a post-Soviet central bank.

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