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Kazakhstan announces volume of money transfers to Azerbaijan

Finance Materials 6 April 2022 10:16 (UTC +04:00)
Kazakhstan announces volume of money transfers to Azerbaijan
Nargiz Sadikhova
Nargiz Sadikhova
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BAKU, Azerbaijan, April 6. The number of money transfers from Kazakhstan to Azerbaijan amounted to 1,400 transactions in total sum of 1.01 billion tenge ($2.1 million) in January 2022, Trend reports citing the National Bank of Kazakhstan.

The share of Azerbaijan in the total number of transactions from Kazakhstan amounted to 1.4 percent and in the total amount of transactions made - 2.2 percent.

The number of transactions from Kazakhstan to Azerbaijan decreased by 53.3 percent and the amount - by 41.4 percent relative to December 2021.

The number of transactions decreased by 41.6 percent and the amount - by 15.6 percent during the reporting period compared to January 2021.

The number of transactions from Kazakhstan abroad amounted to 100,500 in the amount of 45.6 billion tenge ($98.4 million) in January 2022.

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