Azerbaijani manat’s nominal, real effective exchange rates decline

Kanan Sadigov
Author

As of July 1, 2025, the nominal effective exchange rate of the Azerbaijani manat against foreign currencies stood at 102.6 points, Report informs.

According to the Central Bank of Azerbaijan, this marks a decrease of 1.1 points compared to the previous month, a 6.6-point drop since the beginning of the year, and a 1.8-point decrease compared to July 1, 2024.

As of July 1, 2025, the real effective exchange rate of the manat was 115.3 points. This is a decrease of 2.2 points compared to June 1st, a 9.8-point drop since the start of the year, and a 4.3-point decrease compared to July 1, 2024

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