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Currency
Azeri New Manat (AZN)= 100 gopik. Notes are in denominations of 100, 50, 20, 10, 5 and 1 AZN. Coins are in denominations of 50, 20, 10, 5, 3 and 1 gopik.
Currency Exchange
US Dollars, Pounds Sterling and Euros are the preferred currencies and can be exchanged at the airport, bureaux de change, all hotels, some restaurants and major banks. However, many local hotels, bureaux de change and restaurants will not accept dollar bills dated before 1992 or those which are torn or in any way disfigured. Travellers are advised to take banknotes in small denominations and change small amounts of money as required. Rates offered by banks and bureaux de change are unlikely to vary significantly.
Credit/Debit Cards and ATMs
Some major credit cards are accepted in Baku, at large hotels, restaurants and banks. However, generally, Azerbaijan is a cash-only economy. Credit cards can be used to purchase tickets at the airport.
Traveller's Cheques
Not generally accepted.
Currency Restrictions
The import and export of local currency for non-residents is prohibited. The import of foreign currency is unlimited but must be declared upon arrival. The export of foreign currency is limited to US$10,000 or equivalent.
Banking Hours
Mon-Fri 0930-1730.
Exchange Rate Indicators
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