7. Azerbaijan Manat (1 Manat = 1.28 USD)
Did you know that Azerbaijan is a member of the IMF (International Monetary Fund)? Yes, the country is a member since 1991 and it became one important piece of the puzzle after gaining its independence.
Like the IMF wasn’t enough, Azerbaijan is also a member of the World Bank, the European Bank for Reconstruction and Development, the Islamic Development Bank and the Asian Development Bank.
The official currency in Azerbaijan is the Azerbaijan Manat, their banking system consists of the Central Bank of Azerbaijan, commercial banks and non-credit organizations.
If you have no idea where Azerbaijan is located I can gladly help you there. The country is in the Caucasus region located at the crossroads of Western Asia and Eastern Europe.
