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Exchange rates for the US dollar in Azerbaijan / USD 1 = AZM ... (middle) / up to 2005

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Time series key BBEX3.A.AZM.USD.CA.AC.A04
Unit AZM
Dimension one
Timespan from 1994 to 2005
Last update 20.09.2023 12:47:33 PM
   
General The Azerbaijan manat (AZM), which had already been in circulation alongside the Soviet/Russian rouble since August 1992 (at a conversion rate of 10 Soviet/Russian rouble = 1 Azerbaijan manat), has been the sole legal tender since 1 January 1994. The currency conversion from Russian rouble to Azerbaijan manat occurred from 15 December 1993 at the rate of 10:1. On 1 January 2006, another currency conversion took place at the rate of 5,000 (old) Azerbaijan manat (AZM) = 1 (new) Azerbaijan manat (AZN); for exchange rates as of January 2006, see BBEX3:A:AZN:USD:CA:AC:A04.
Methodology Since 2001, calculated on the basis of mid-month and month-end exchange rates, previously on the basis of month-end rates.
Source June 1998 - December 2005: National Bank of Azerbaijan, Baku January 1995 - May 1998: International Bank of Azerbaijan, Baku 1994: National Bank of Azerbaijan, Baku