Azerbaijani Manat

The Azerbaijani Manat remained unchanged at 0.78 in April from 0.78 in March of 2014. Azerbaijani Manat averaged 0.87 from 2001 until 2014, reaching an all time high of 0.99 in March of 2004 and a record low of 0.78 in February of 2014. The USDAZN spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the AZN. While the USDAZN spot exchange rate is quoted and exchanged in the same day, the USDAZN forward rate is quoted today but for delivery and payment on a specific future date. This page provides - Azerbaijani Manat - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-21

Actual Previous Highest Lowest Forecast Dates Unit Frequency
0.78 0.78 0.99 0.78 0.78 | 2014/05 2001 - 2014 Daily

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Azerbaijani Manat
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Markets Last Previous Highest Lowest Forecast Unit
Currency 0.78 2014-04-21 0.78 0.99 0.78 0.78 2014-05-31 [+]
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Currency | Notes
An exchange rate is the current market price for which one currency can be exchanged for another. For instance, if the Euro exchange rate for the United States Dollar stands at 1.3, this means that 1 euro can be exchanged for 1.3 U.S. dollars. Because exchange rates play such an important role in a country's competiveness level, currency exchange rates are among the most analysed and forecasted indicators in the world. The exchange rate is determined by the level of supply and demand on the international markets. However, changes in foreign exchange market rates are often difficult to understand and to predict because the market is very large and volatile. In fact, the currency markets are the most liquid in the world with a daily turnover of close to $2 trillion, which compares to $500 billion for the US government bond market and $70 billion on the New York Stock Exchange.


RELATED NEWS

Azerbaijan Inflation Rate at 2.00 Percent  
The inflation rate in Azerbaijan was recorded at 2 percent in March of 2014. Inflation Rate in Azerbaijan is reported by the The State Statistical Committee of the Republic of Azerbaijan.
Azerbaijan Crude Oil Production at 855.00 Thousands Barrels per Day  
Crude Oil Production in Azerbaijan decreased to 855 Thousands Barrels per Day in October of 2013 from 870 Thousands Barrels per Day in September of 2013. Crude Oil Production in Azerbaijan is reported by the U.S. Energy Information Administration.
Azerbaijan Employed Persons at 4445.30 Thousand  
The number of employed persons in Azerbaijan increased to 4445.30 Thousand in 2012 from 4375.20 Thousand in 2011. Employed Persons in Azerbaijan is reported by the State Statistical Committee, Azerbaijan.
Azerbaijan Money Supply M0 at 9956.10 AZN Million  
Money Supply M0 in Azerbaijan increased to 9956.10 AZN Million in February of 2014 from 9911.70 AZN Million in January of 2014. Money Supply M0 in Azerbaijan is reported by the Central Bank of the Republic of Azerbaijan.
Azerbaijan Money Supply M2 at 16124.70 AZN Million  
Money Supply M2 in Azerbaijan increased to 16124.70 AZN Million in February of 2014 from 15982.90 AZN Million in January of 2014. Money Supply M2 in Azerbaijan is reported by the Central Bank of the Republic of Azerbaijan.
Azerbaijan Current Account to GDP at 16.70 Percent  
Azerbaijan recorded a Current Account surplus of 16.70 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Azerbaijan is reported by the Central Bank of the Republic of Azerbaijan.
Azerbaijan Government Budget at 0.30 Percent of GDP  
Azerbaijan recorded a Government Budget surplus equal to 0.30 percent of the countrys Gross Domestic Product in 2012. Government Budget in Azerbaijan is reported by the Central Bank of the Republic of Azerbaijan.
Azerbaijan Unemployment Rate at 5.20 Percent  
Unemployment Rate in Azerbaijan decreased to 5.20 percent in 2012 from 5.40 percent in 2011. Unemployment Rate in Azerbaijan is reported by the The State Statistical Committee of the Republic of Azerbaijan.
Azerbaijan Retail Sales YoY at 9.90 Percent  
Retail Sales in Azerbaijan increased 9.90 percent in 2013 over the previous year. Retail Sales YoY in Azerbaijan is reported by the The State Statistical Committee of the Republic of Azerbaijan.
Azerbaijan Industrial Production at 1.80 Percent  
Industrial Production in Azerbaijan increased 1.80 percent in 2013 over the previous year. Industrial Production in Azerbaijan is reported by the The State Statistical Committee of the Republic of Azerbaijan.
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Japanese Trade Deficit Widens in March  
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Chile Leaves Monetary Policy Unchanged  
At its April 17th, 2014 meeting, Central Bank of Chile left the benchmark interest rate on hold at 4 percent, following last month's cut, citing low output and demand, but hinted possible future rate cuts, depending on domestic and external conditions.
Russia Unemployment Drops in March  
Russian jobless rate fell for the first time in four months to 5.4 percent, after remaining stable at 5.6 percent in the previous two months.
Canada Inflation Rises Above Forecasts in March  
The annual consumer prices in Canada accelerated to 1.5 percent in March of 2014 following a 1.1 increase in the previous month, as energy prices surged.
US Jobless Claims Rise Slightly  
In the week ending April 12, the advance figure for seasonally adjusted initial claims was 304,000, an increase of 2,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 300,000 to 302,000. There were no special factors impacting this week's initial claims.
Brazil Unemployment Rate Down to 5%  
In March of 2014, Brazil’s jobless rate fell by 0.1 percentage point to 5 percent, below market forecasts. A year earlier, unemployment reached 5.7 percent.
Dutch Unemployment Rate Falls for the First Time in 2014  
In March of 2014, Netherlands’ seasonally adjusted jobless rate fell to 8.7 percent from 8.8 percent in the previous month and 8.1 percent a year earlier, as more people left permanently the labor market rather than found jobs.
Singaporean Trade Surplus Narrows Sharply in March  
The trade surplus decreased 51.1 percent in March of 2014 over a year earlier and 47.2 percent from February to SGD 2.3 billion. Imports rose at a faster pace than exports, as sales of pharmaceuticals and electronics fell, while shipments of petrochemicals and re-exports contributed to overall increase.
Mozambique Leaves Lending Rate Steady at 8.25%  
At its April 16th, 2014 meeting, Bank of Mozambique left its benchmark interest rate unchanged at 8.25 percent for the sixth consecutive meeting, saying this was consistent with meeting domestic economic targets for 2014.
Spanish Trade Deficit Narrows to 4-Month Low  
In February of 2014, Spanish trade gap decreased to € 1.62 billion, down from € 2.82 billion in the previous month. Compared with the same month a year earlier, the trade deficit widened 37 percent.
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