In Azerbaijan, the official currency is the Manat, which is equal to 100 qepik. Qapiks are the currency of the Republic of Azerbaijan. It is equal to 1/100 of a manat. Since the 2006 denomination, coins of 1, 3, 5, 10, 20 and 50 qepik are in circulation. They are not dated, but they were all released in 2006. Commemorative and commemorative coins are minted at the Azerbaijan Mint and issued by the Central Bank of the Republic of Azerbaijan from precious ones (gold - in denominations of 1, 3, 5, 10, 20, 50 qapiks and 50, 100, 500 and 100 manats, silver - in denominations of 5 and 50 manats and platinum - with a face value of 500 manat) and base metals (copper-nickel alloy - with a face value of 1 manat).