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250 Manat
| Issuer | Ministry of Finance of the Republic of Azerbaijan |
|---|---|
| Year | 1993 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
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| Shape | Rectangular |
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| Obverse description | Green and brown guilloche underprint frames the central panel bearing the Azerbaijani tricolour flag at left and the bold Azerbaijani-language inscription naming the bond series and denomination in centre. Serial number, series, and grade references appear above and below the central vignette, with the year 1993 in a diamond cartouche at right. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Densely printed text in Azerbaijani detailing the full terms and conditions of the 1993 State Domestic Winning Bond issue, arranged in multiple columns across the face. A table of prize tiers and quantities occupies the lower right quadrant, with the denomination inscription centred at the foot within a guilloche border. |
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| Comments |
Azerbaijan's first post-Soviet currency series was designed and printed entirely under emergency conditions. The manat replaced the Soviet ruble in 1992–93 as the country was simultaneously fighting a war with Armenia over Nagorno-Karabakh — a conflict that severely constrained state finances and complicated the logistics of establishing a functioning currency system from scratch.
The 250 manat was among the higher denominations in this inaugural series, a reflection of the ruble's existing inflation legacy rather than any stable purchasing power. Hyperinflationary pressure would render the entire first manat series obsolete within a few years, leading to a 1994 reissue and eventually a full redenomination in 2006 at a rate of 5,000 old manat to one new manat.