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FX Rate to USD (End of Period) rose 0% yoy to 1.70 per USD in Azerbaijan in 1Q2024

FX Rate to USD (End of Period) (per USD), 1Q2024
Economy | Azerbaijan | May 19, 2024
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FX rate to USD at the end of period rose 0% yoy to 1.70 per USD in Azerbaijan in 1Q2024, according to the National Statistical Office. This is 0% more than in the previous quarter.

Historically, FX rate to USD at the end of period in Azerbaijan reached an all time high of 1.77 per USD in 4Q2016 and an all time low of 0.010 per USD in 4Q1992. When compared to Azerbaijan's main peers, FX rate to USD at the end of period in Azerbaijan amounted to 1.70 per USD, 2.70 per USD in Georgia, 42,000 per USD in Iran and 92.4 per USD in Russia in 1Q2024.

Azerbaijan has been ranked 106th within the group of 129 countries we follow in terms of FX rate to USD at the end of period, 39 places above the position seen 10 years ago.

FX Rate to USD (End of Period) Unit Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Armenia per USD 406 394 388 386 393
Azerbaijan per USD 1.70 1.70 1.70 1.70 1.70
China per USD 7.10 6.99 6.87 7.26 7.30
Georgia per USD 2.84 2.70 2.56 2.62 2.68
Germany per USD ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
Iran per USD 42,000 42,000 42,000 42,000 42,000
Iraq per USD 1,450 1,450 1,300 1,300 1,300
Japan per USD 145 133 133 145 149
Pakistan per USD 228 226 284 286 288
Russia per USD 57.4 70.3 77.1 87.0 97.4
Turkey per USD 18.5 18.7 19.2 25.8 27.4
Turkmenistan per USD ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
USA per USD 1.00 1.00 1.00 1.00 1.00