BAKU, Azerbaijan, February 29. The volume of card transactions of foreign citizens in January 2024 in Azerbaijan increased by 9.56 percent or 16.4 million manat ($9.6 million), Trend reports.
According to the data of the Center for Analysis of Economic Reforms and Communications of Azerbaijan, foreign citizens in Azerbaijan made transactions worth 187.9 million manat ($110.3 million) through bank cards in January this year.
Meanwhile, the volume of card transactions of foreign citizens in Azerbaijan increased by 1.77 percent or 38.1 million manat ($22.3 million) (up to 2.1 billion manat ($1.2 billion)) in 2023.
Foreign citizens in Azerbaijan made transactions worth 171.5 million manat ($100.7 million) through bank cards in January, 162.3 million manat ($95.3 million) in February, 218.1 million manat ($128.1 million) in March, 126 million manat ($74 million) in April, 173, 4 million manat ($2.3 million), in June - 148.6 million manat ($87.2 million), in July - 218.8 million manat ($128.5 million), in August - 200.9 million manat ($118 million), in September - 186.9 million manat ($109.7 million), in October - 203.6 million manat ($119.5 million), in November - 181.8 million manat ($106.7 million), in December - 202.7 million manat ($119 million).
To note, foreign citizens in Azerbaijan made transactions worth 2.1 billion manat ($1.2 billion) through bank cards in 2022.
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