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FX Rate to USD (Average) rose 0% yoy to 1.70 per USD in Azerbaijan in December 2023

FX Rate to USD (Average) (per USD), December 2023
Economy | Azerbaijan | February 11, 2024
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Average FX rate to USD rose 0% yoy to 1.70 per USD in Azerbaijan in December 2023, according to the National Statistical Office. This is 0% more than in the previous month.

Historically, Average FX rate to USD in Azerbaijan reached an all time high of 1.82 per USD in January 2017 and an all time low of 0.011 per USD in December 1992. When compared to Azerbaijan's main peers, Average FX rate to USD in Azerbaijan amounted to 1.70 per USD, 2.69 per USD in Georgia, 42,000 per USD in Iran and 90.8 per USD in Russia in December 2023.

Azerbaijan has been ranked 104th within the group of 143 countries we follow in terms of Average FX rate to USD, 41 places above the position seen 10 years ago.

FX Rate to USD (Average) Unit May 2022 Jun 2022 Jul 2022 Aug 2022 Sep 2022 Oct 2022 Nov 2022 Dec 2022 Jan 2023 Feb 2023 Mar 2023 Apr 2023 May 2023 Jun 2023 Jul 2023 Aug 2023 Sep 2023 Oct 2023 Nov 2023 Dec 2023 Jan 2024
Armenia per USD 387 386 387 404 403
Azerbaijan per USD 1.70 1.70 1.70 1.70 1.70 ...
China per USD 7.19 7.25 7.30 7.31 7.24
Georgia per USD 2.60 2.62 2.65 2.69 2.71
Germany per USD 0.904 0.917 0.936 0.947 0.925
Iran per USD 42,000 42,000 42,000 42,000 42,000
Iraq per USD 1,300 1,300 1,300 1,300 1,300 ...
Japan per USD 141 145 148 150 150
Pakistan per USD 282 294 298 281 286
Russia per USD 90.4 95.3 96.6 97.0 90.6
Turkey per USD 26.4 26.9 27.0 27.8 28.6 ... ...
Turkmenistan per USD ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
USA per USD 1.00 1.00 1.00 1.00 1.00