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500 Manat
| Issuer | National Bank of Azerbaijan |
|---|---|
| Year | 1993-1999 |
| Type | Log in to see details |
| Value | 500 Manat (500 AZM) |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
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| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse repeats the geometric guilloche underprint in pastel tones of pink, blue, and gold, centred on a large numeral '500'. At right, the same oval portrait vignette of Nizami Ganjavi appears as on the obverse, with his name inscribed below. The bank title is printed across the top, and the denomination in full text runs along the lower margin. |
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| Variants | P#19a - fraction serial # prefix P#19b - double letter serial # prefix |
| Comments |
Azerbaijan's first manat series was issued as the country rebuilt financial infrastructure following independence from the Soviet Union, and the 500 manat was among the higher denominations introduced as inflation steadily eroded purchasing power through the mid-1990s. By the late 1990s, the note was effectively small change — hyperinflationary pressure during this period meant the 500 denomination lost practical utility faster than the print runs could keep pace with economic reality.
The series was demonetized when Azerbaijan redenominated in 2006, replacing the old manat at a rate of 5,000 to 1.