HISTORY of COINS in AZERBAIJANBack to Main

Silver in the Feudal States
(9th Century-11th Century C.E.)

The governors of Azerbaijan saw the weakening of the Caliphate occupation as an opportunity to form independent feudal states. One of the powers that came with forming these states was the right of sikka, or the right to mint coins. The silver coins created met the standard of the local market and were seen internationally as a stable and viable currency.

Shirvanshah’s Coin

Image of Shirvanshah’s coin, 1384-1418. From the Joel and Linda Forman Collection, Karabakh Foundation.
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COINS and CURRENCY of AZERBAIJAN

Azerbaijan’s historic coinage reflects the nation's complex political history, from ancient times to the modern day. At the historic crossroads between Europe, Asia, and the Middle East, the design and format of Azerbaijani coins and currency have been greatly influenced by frequent invasions and political upheaval in the region. Hellenic, Roman, Parthian, Persian, Arabic, Turkic, and Russian influences can be seen throughout nearly 3,000 years of coinage. Today, Azerbaijan’s coinage reflects the diverse history and culture of the country.