Nominal and real effective exchange rates of Azerbaijani manat rise again in July

The nominal effective exchange rate of the Azerbaijani manat against foreign currencies stood at 104.9 points as of August 1 this year.

According to the Central Bank of Azerbaijan (CBA), cited by Report, this was 1.4 points higher month-on-month, 2.4 points higher compared with the beginning of the year, and 3.1 points higher compared with August 1, 2025.

During the reporting period, the real effective exchange rate stood at 116 points. This was 0.8 points higher month-on-month, 0.2 points higher compared with the beginning of the year, and 2.3 points higher compared with August 1 of last year.