Azerbaijani manat’s circulation rate on rise

As of March 1, 2024, the circulation rate of Azerbaijan’s national currency, the manat, was 3.25 points, Report informs referring to the Central Bank of Azerbaijan.

This figure is 0.05 points more than on February 1, 0.23 points less than on January 1 and 0.85 points less than on March 1, 2023.

The lowest threshold for the turnover rate of the manat over the past 17 years was recorded at the end of January 2015, that is, on the eve of the first devaluation in recent years, and amounted to 2.68 points. The highest threshold for this indicator was also recorded in 2005 (15.72 points).