BAKU, Azerbaijan, October 28. The nominal effective exchange rate of the Azerbaijani manat against foreign currencies was 103.1 points as of October 1, 2023, Trend reports.
The data from the Central Bank of Azerbaijan showed that this is 1.7 points more on a monthly basis, 8.3 points higher compared to the beginning of 2023, and 5.7 points higher in comparison with October 1, 2022.
The real effective exchange rate of the manat as of October 1 of this year was 123.8 points.
This indicator increased by 1.3 points compared to the indicator for September 1, 2023, and compared to the indicator for the beginning of 2023 and October 1, 2022, it increased by 1.1 points and decreased by 0.2 points, respectively.