Gapik

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.

Azerbaijani qapik coins. Top row - obverse (front), bottom row - reverse (back).

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.[1]

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.

change

References

change
  1. "Dövriyyədə olan sikkələr" (in Azerbaijani). Azərbaycan Respublikasının Mərkəzi Bankı. Archived from the original on 2014-11-10. Retrieved 2011-01-31.