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5 Manat State Oil Fund of Azerbaijan
| Issuer | Central Bank of Azerbaijan |
|---|---|
| Year | 2019 |
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| Currency | Third manat (2006-date) |
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|---|---|
| Obverse script | Latin |
| Obverse lettering | AZƏRBAYCAN RESPUBLİKASI 5 MANAT (Translation: Republic of Azerbaijan) |
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| Additional information |
SOFAZ — the State Oil Fund of Azerbaijan — was established in 1999 to manage revenues from the country's Caspian hydrocarbon contracts, a structure modeled loosely on Norway's Government Pension Fund and pushed through by presidential decree during the boom years of early pipeline development. This commemorative was issued as SOFAZ marked its twentieth anniversary, timed precisely to the fund's 1999 founding rather than to any broader monetary event.