BAKU, Azerbaijan, June 12. Nearly 1,000
counterfeit banknotes were removed from circulation in Azerbaijan
last year.
This was announced in the annual report by the Central Bank of
Azerbaijan (CBA).
The report says that during 2025, the economy's demand for cash
was met in full, in an adequate structure, and on time, and the
necessary reserves of banknotes were created.
According to the information, the amount of cash in circulation
increased by 12.1% (2.1 billion manat, or $1.24 billion) compared
to the beginning of the year, reaching 19.6 billion manat ($11.53
billion) by year-end.
"As of the last working day of 2025, reserves in the national
currency amounted to 7.1 billion manat ($4.18 billion), which is
sufficient to meet the economy's overall demand through the end of
2026. Efforts to combat currency counterfeiting and coordination
with law enforcement agencies remained a key focus.
During the reporting year, 440 counterfeit banknotes in the
national currency, with a total value of 39,000 manat ($22,900),
and 550 foreign-currency banknotes showing signs of counterfeiting
were detected, withdrawn from circulation, and handed over to law
enforcement authorities for further action. To facilitate the
examination and exchange of damaged banknotes held by the public,
the CBA continued operating cash offices in Baku and its regional
branches. During 2025, banknotes worth 2.63 million manat ($1.5
million), totaling 43,600 notes, were accepted from the public and
exchanged.
Overall, the CBA maintained its focus on key priorities,
including meeting the economy's demand for cash across various
denominations, ensuring the optimal and secure management of
national currency reserves, and supplying circulation with
high-quality banknotes," the information pointed out.
