One of the mysteries of the English language finally explained.
The basic monetary unit of Azerbaijan and Turkmenistan, equal to 100 gopik in Azerbaijan and 100 tenge in Turkmenistan.
- ‘One new manat equates to 5,000 old manats, which puts the new manat at an equivalent of $1.1 at current exchange rates.’
- ‘Due to the introduction of the new manat in Azerbaijan, beginning Wednesday, February 1st, 2006, the Consular Section will accept only new manats and US dollars for all transactions.’
- ‘The manat is a currency unit of Azerbaijan, worth approximately two United States dollars.’
- ‘The exchange rate of US dollars in 1994 is indicated in old manat.’
Azerbaijani and Turkmen.
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