monetary unit of Azerbaijan
Qapik (or gapik, from Azerbaijani: qəpik) is a monetary unit of Azerbaijan, equal to 1/100 of the Azerbaijani manat. The 2006 currency denomination of the Azerbaijani manat introduced 1, 3, 5, 10, 20 and 50 qapik into circulation.
The 1, 3 and 5 qapik are made of copper-covered steel. The 10 and 20 qapik are made of brass-covered steel, the 50 qapik are in two colors.
The word qapik comes from the Russian word "kopek" which means spear, and which was a currency since the time of Ivan the Terrible in the 16th century and is now the monetary unit of the Russian ruble, Ukrainian hryvnia and Belarusian ruble.
- ↑ "Dövriyyədə olan sikkələr" (in Azerbaijani). Azərbaycan Respublikasının Mərkəzi Bankı. Archived from the original on 2014-11-10. Retrieved 2011-01-31.