Effective exchange rates of Azerbaijani manat grow in February

As of March 1, 2023, the nominal effective exchange rate of the Azerbaijani manat against the foreign currencies was 95.8 points.

Referring to the Central Bank of Azerbaijan, Report informs that this is 0.9 points more than last month, 0.6 points more than the beginning of the year, and 9.2 points more than last year.

As of the end of February this year, the real effective exchange rate of the manat was 123.1 points, up 1.5 points from the previous month, 0.8 points from the beginning of the year, and 8.6 points from the previous year.