Exchange Rate in Azerbaijan

Azerbaijan Exchange Rate | Economic News & Forecasts

Azerbaijan - Exchange Rate

The economy expanded 2.7% in the January-July period compared to the same period of 2020, accelerating from the 2.1% growth recorded in January-June. The non-oil sector led the upturn, increasing by over 5% in the first seven months of the year, whereas the oil sector contracted 3.1%. Industrial production swung from a slight dip in June to a healthy increase in July, underpinning the recovery. On the downside, capital spending weakened again in year-on-year terms in July. Meanwhile, in early August, President Ilham Aliyev called on state officials to rein in spending by refraining from investing in unproductive projects, with prioritization key as the country looks to reconstruct territories gained following the conflict with Armenia. On the external front, the country recently opened its first trade office in Israel to strengthen trade ties and attract investment.

Azerbaijan - Exchange Rate Data

2015   2016   2017   2018   2019  
Exchange Rate (vs USD)1.03  1.60  1.72  1.70  1.70  

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Azerbaijan Exchange Rate Chart

Azerbaijan Exchange Rate
Note: Exchange Rate (vs USD)

Azerbaijan Facts

Value Change Date
Exchange Rate1.70-0.66 %Jan 01
Stock Market0.10.0 %Jan 07

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