Azerbaijani manat's nominal effective exchange rate surges

As of February 1, 2025, the nominal effective exchange rate of the Azerbaijani manat against foreign currencies was 110 points, Report informs, referring to the Central Bank of Azerbaijan (CBA).

This was 0.8 point higher than the previous month and 7.7 points more compared to February 1, 2024.

By the end of January 2025, the nominal effective exchange rate of the manat was 126 points, up 0.9 point from a month earlier and 4.5 points compared to the same period in 2024.