Azerbaijani manat's real effective exchange rate up

As of March 1, 2025, the nominal effective exchange rate of the Azerbaijani manat against foreign currencies was 108.7 points, Report informs, referring to the Central Bank of Azerbaijan (CBA).

This was 1.3 points lower than the previous month, 0.5 points less than the beginning of the year, and 5.1 points more than March 1, 2024.

By the end of February 2025, the nominal effective exchange rate of the manat stood at 124.6 points. This marked a decrease of 1.4 points compared to the previous month and 0.5 points since the beginning of 2025. However, it showed a 2.1-point increase compared to the same period in 2024.