noun (plural same)
The basic monetary unit of Azerbaijan and Turkmenistan, equal to 100 gopik in Azerbaijan and 100 tenesi in Turkmenistan.
- The exchange rate of US dollars in 1994 is indicated in old manat.
- One new manat equates to 5,000 old manats, which puts the new manat at an equivalent of $1.1 at current exchange rates.
- Due to the introduction of the new manat in Azerbaijan, beginning Wednesday, February 1st, 2006, the Consular Section will accept only new manats and US dollars for all transactions.
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