"Currently, there are 213,000,000 currency symbols in Azerbaijan," Chairman of the Central Bank of Azerbaijan (CBA) Elman Rustamov said at the press conference, Report informs.
According to him, 45% of these symbols are small-denomination banknotes: "AZN 1, 5 and 10 banknotes become old by 80% in the first year after their issuance. Azerbaijan’s manat is completely hygienic, 100% cotton. Researches are underway to replace low-nomination currencies with the money made of other materials. We are researching whether the population will accept it or not."