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National Bank of Kazakhstan discloses volume of money transfers to Azerbaijan

Finance Materials 7 February 2022 12:44 (UTC +04:00)
National Bank of Kazakhstan discloses volume of money transfers to Azerbaijan

BAKU, Azerbaijan, Feb. 7

Trend:

Some 3,000 money transfers worth 1.7 billion tenge ($4.03 million) were carried out from Kazakhstan to Azerbaijan in December 2021, Trend reports citing the National Bank of Kazakhstan.

According to the National Bank of Kazakhstan, the share of Azerbaijan in the total number of money transfers from Kazakhstan amounted to 1.3 percent in terms of number and two percent in terms of volume during the reporting period.

The money transfers from Kazakhstan to Azerbaijan increased in December 2021compared to 1.21 billion tenge ($2.8 million) in November 2021 and 1.2 billion tenge ($2.7 million) in January 2022.

Moreover, the money transfers from Kazakhstan abroad amounted to 88.4 billion tenge or $204.6 million (226,300 transactions) in December 2021.

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