Nominal effective exchange rate of Azerbaijani manat up

As of December 1 last year, the nominal effective exchange rate of the Azerbaijani manat against foreign currencies was 107.5 points, Report informs, citing the Central Bank of Azerbaijan.

This is 2.1 points more than in monthly comparison, 5.5 points more than in early 2024, and 4.7 points more than in December 1, 2023.

As of December 1 last year, the real effective exchange rate of the manat was 122.6 points, 2.8 points more in monthly comparison, 1.2 points more than in early 2024, and 0.2 points more in annual comparison.