Azerbaijani manat
Euro weakened against the manat, dollar did not move: what this changes for a contract
Over a month, the official EUR/AZN rate fell from 1.9763 to 1.9048 manats, while USD/AZN remained at 1.7 — the divergence matters for the contract currency.
EUR/AZN Rate Declined While USD/AZN Did Not Move: What This Means for the Contract Currency
Over the month, the official EUR/AZN rate declined from 1.9739 to 1.9095, while USD/AZN on the same dates remained 1.7. We examine why this movement matters for contracts in euros and what it does not prove.
Deposit Dollarization in Azerbaijan: Annual Decline Versus August Rebound
The share of foreign currency deposits declined by 3.2 percentage points over the year, but in August 2026 it rose by 0.82 percentage points compared to July — the annual trend and the latest month point in different directions.
Euro weakens against the manat, dollar holds: what this means for contract currency
The official EUR/AZN rate fell from 1.9730 to 1.9242 over the month, while USD/AZN remained 1.7 three times. We examine why this matters for choosing the contract currency, not for forecasting prices.
Deposit Dollarization in Azerbaijan: Share Declines Against a Growing Base
At the end of July 2026, the share of foreign currency deposits was 34.715% with a total base of 44,501.149 million manats: the structure of the stock shifted, but the cause cannot be derived from these data.
Euro weakens against the manat, dollar unchanged: what this means for the contract currency
Over the month, the official EUR/AZN rate fell from 1.9877 to 1.9507 manats, while USD/AZN on the same dates remained 1.7 — the movement came through the euro, not through the manat against the dollar.
A Stable Dollar to the Manat Is Not Stability for All Currencies
From September 1 to 18, the euro fell 1.02% against the manat, the lira 1.14%, while the ruble rose 2.20%. Across five verified bulletins, the dollar held at 1.7.