Exchange Rate in Azerbaijan
Azerbaijan - Exchange RateRecent data suggests that growth strengthened in November, after a lackluster start to the fourth quarter. Economic activity picked up pace bolstered by accelerating growth in the non-oil sector. Despite improving somewhat over the past year, the energy sector remained battered with oil prices falling sharply at the end of 2018. Although oil production picked up modestly in November, according to the energy minister, the rise will likely be short-lived after Azerbaijan agreed to limit oil production in December, along with OPEC and Russia’s output quotas. That said, some analysts doubt if Azerbaijan will meet their obligations to the deal.
Azerbaijan - Exchange Rate Data
|Exchange Rate (vs USD)||0.78||0.78||1.56||1.76||1.71|
5 years of economic forecasts for more than 30 economic indicators.
Azerbaijan Exchange Rate Chart
|Exchange Rate||1.70||-0.66 %||Jan 14|
|Stock Market||0.1||0.0 %||Jan 14|
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