The Central Bank of the Republic of Aswington, an agency under the Ministry of Economy and Finance, launched the first series of coins and banknotes of the manat, the country's national currency. Although manat has long been used as currency in the country, coins and banknotes have not been used since its inception until now.
The first series of coins consists of bronze coins of 1, 5 and 10 kopecks, as well as silver coins of 20 and 50 kopecks. In the meantime, the family of banknotes consists only of 1 and 5 manat bills. It is expected that in the next few days, the Central Bank will issue new banknotes for new denominations.
Central Bank issues Commemorative Coin
In addition to the launch of the family of coins and banknotes to the public, the Bank issued a commemorative coin of 500 manats, as part of the celebrations of the founding of the Republic of Aswington, which is celebrated every May 3.