Qapik

Azerbaijani qapik coins. Top row - obverse, bottom row - reverse.

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 of brass-covered steel, the 50 qapik are bicolor.[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.

Notes

  1. "Dövriyyədə olan sikkələr" (in Azerbaijani). Azərbaycan Respublikasının Mərkəzi Bankı. Retrieved 2011-01-31.
This article is issued from Wikipedia - version of the 9/14/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.