Editing Economy of Azerbaijan (section)

==Currency system==
{{See also|Azerbaijani manat}}
The [[Azerbaijani manat]] is the currency of Azerbaijani, denominated as the [[Azerbaijani manat|manat]], subdivided into 100 [[Azerbaijani manat|qapik]]. The manat is issued by the [[Central Bank of Azerbaijan]], the monetary authority of Azerbaijan. The [[ISO 4217]] abbreviation is AZN. The Latinised symbol is ([[File:Azeri manat symbol.svg|13px]]).

The manat is held in a floating [[exchange-rate]] system, managed primarily against the US dollar. The [[Exchange rate|rate of exchange]] (Azerbaijani manat per US$1) for 28 January 2016, was AZN 1.60.

There is a complex relationship between Azerbaijan's [[balance of trade]], inflation, measured by the [[consumer price index]] and the value of its currency. Despite allowing the value of the manat to "float", Azerbaijan's [[central bank]] has decisive ability to control its value in relationship to other currencies.