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Azerbaijan's manat circulation rate comes down

Economy Materials 1 February 2025 15:28 (UTC +04:00)
Azerbaijan's manat circulation rate comes down
Sadig Javadov
Sadig Javadov
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BAKU, Azerbaijan, February 1. The circulation speed of the Azerbaijani manat stood at 3.45 points as of January 1, 2025.

The data obtained by Trend from the Central Bank of Azerbaijan (CBA) shows that this is 0.12 points (3.4 percent) lower than December 1 and 0.03 points (0.9 percent) less than January 1, 2024.

Meanwhile, the manat’s circulation speed on December 1 stood at 3.57 points, while on January 1, 2024, it was 3.48 points.

CBA statistics show that the lowest circulation speed of the manat in the past 17 years was recorded at the end of January 2015, at 2.68 points, while the highest level was in 2005, at 15.72 points.

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