BAKU, Azerbaijan, October 29. The velocity of circulation of Azerbaijani manat was 4.62 points as of October 1, 2023, Trend reports citing the Central Bank of Azerbaijan.
The data from the Central Bank of Azerbaijan (CBA) showed that this figure is 0.1 points less than on September 1, 2023, 0.88 points less compared to January 1, 2023 and 1.07 points less than as of October 1, 2022.
According to the CBA's statistics, the lowest threshold for the manat velocity in the past 17 years was recorded at the end of January 2015 – 2.68 points. The highest level of this indicator was noted in 2005 (15.72 points).