BAKU, Azerbaijan, May 28. The overall nominal effective exchange rate of the Azerbaijani manat against foreign currencies stood at 104.4 points as of May 1, 2025.
Data obtained by Trend from the Central Bank of Azerbaijan (CBA)
indicates that this signifies a contraction of 1.5 points relative
to the preceding month and a reduction of 0.4 points in comparison
to the corresponding timeframe last year.
In the interim, the nominal effective exchange rate of the manat
within the non-oil sector registered at 175.3 index points,
reflecting a marginal monthly contraction of 0.9 index points,
juxtaposed with a year-over-year appreciation of 0.6 index
points.
Furthermore, the aggregate real effective exchange rate of the
manat attained 118.7 index points as of May 1st, indicating a
monthly contraction of 2.4 index points and a year-over-year
depreciation of 3.1 index points. The nominal effective exchange
rate of the manat within the non-oil sector registered at 114.6
index points, reflecting a contraction of 1.3 index points and a
year-over-year depreciation of 4 index points.
