The Azerbaijani currency has set a new record against the Turkish Lira.

In recent years, the depreciation of the Turkish Lira has made the Azerbaijani currency more valuable against Turkey's national currency. With the recent fluctuations, the Manat has reached a record high against the TL, surpassing 20 lira. After 1 Manat equals 20 lira, Azerbaijani citizens are flocking to Turkey for shopping. Citizens of Azerbaijan, whose currency has appreciated, are coming together to shop in Iğdır and then returning to their country.

ITS SYMBOL RESEMBLES THE EURO

The symbol of the currency known as the Azerbaijani Manat is in the shape of (?). It resembles the middle part of the Euro symbol (€), which has a single line and faces downward. The designer of the Azerbaijani Manat is Austrian Robert Kalina.

This designer is also the one who designed the Euro and the Syrian Pound. Therefore, it is said that the selection of motifs on the banknotes was inspired by the Euro, which is why they are similar.