Effective exchange rates of Azerbaijani manat increase

As of May 1, the nominal effective exchange rate of the Azerbaijani manat against foreign currencies was 77.6 points.

According to the Central Bank of Azerbaijan, this is 1.7 points more than the previous month, 1 point lower than last year's figure, and 2 points higher than early 2021.

The real effective exchange rate of manat was 103.9 points, up 1.7 points from a month earlier. This figure was more 3.6 points than the beginning of the year, and lower 3.5 points than a year ago.