BAKU, Azerbaijan, October 3. The total nominal effective exchange rate of the Azerbaijani manat against foreign currencies was 102.7 percentage points as of September 1, 2025.
The data obtained by Trend from the Central Bank of Azerbaijan shows that this figure grew by 0.9 percentage points in monthly terms, but decreased by one percentage point compared to the same period last year.
Furthermore, as of September 1 of the current fiscal year, the
nominal effective exchange rate of the manat within the non-oil
sector stood at 174.2 percentage points, reflecting an increment of
1.5 percentage points in the month-over-month analysis and an
uptick of one percentage point relative to the corresponding
timeframe of the previous year.
Furthermore, as of the specified reporting date, the aggregate real
effective exchange rate of the manat stood at 114.7 percentage
points, reflecting an increment of 0.9 percentage points in the
monthly analysis and a decrement of 4.1 percentage points in the
annual assessment.
During the reporting period, the real effective exchange rate of
the manat within the non-oil sector registered at 111.6 percentage
points, reflecting a monthly uptick of 0.9 percentage points while
exhibiting a year-over-year decline of 3.6 percentage points.
