Qapik
The qapik (Azerbaijani: qəpik pronounced [ɡæˈpik]) is a monetary unit of Azerbaijan, equal to 1⁄100 of the Azerbaijani manat. The 2006 currency denomination of the manat introduced 1, 3, 5, 10, 20 and 50 qapik coins into circulation.
The 1, 3 and 5 qapik are made of copper-covered steel. The 10 and 20 qapik are of brass-covered steel, and the 50 qapik is bicolor.[1]
The word qəpik comes from the Russian word kopek (копе́к) which means "spear", and which was a Russian coin since the time of Ivan the Terrible in the 16th century, and is now the monetary subunit of the Russian ruble, Ukrainian hryvnia, Belarusian ruble and the Transnistrian ruble.
Notes
- "Dövriyyədə olan sikkələr" (in Azerbaijani). Azərbaycan Respublikasının Mərkəzi Bankı. Retrieved 2011-01-31.
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