The Azerbaijan Central Bank (AMB) has officially announced its currency exchange rates as of February 26, 2025. According to reports from Trend, the exchange rate for the US dollar remains steady at 1.7000 manat, signaling consistency amid fluctuative market conditions. Other currencies have shown fluctuations, with the euro now valued at 1.7845 manat.
This announcement follows the routine updates from the Azerbaijan Central Bank, which provides regular insight on currency values to assist both citizens and businesses. Today, the Turkish lira holds its value at 0.0466 manat, showing slight variations compared to previous reports. The breakdown of various currency values is as follows: 100 Russian rubles equal 1.9700 manat, and the Australian dollar is listed at 1.0757 manat.
Other notable exchange rates include the Belarusian ruble at 0.5015 manat, the Bulgarian lev at 0.9126 manat, and the UAE dirham at 0.4629 manat. The South Korean won trades at 0.1186 manat for 100 units, and the Czech koruna is set at 0.0716 manat. The Chinese yuan reflects at 0.2342 manat, and the Danish krone is priced at 0.2392 manat.
For those interested in currencies from the region, the Georgian lari stands at 0.6050 manat, and the Hong Kong dollar holds steady at 0.2188 manat. The Indian rupee is worth 0.0195 manat, marking adjustments to reflect the regional economic currents.
Quotes from the sources underline the exchange situation, with Trend noting, "The official exchange rate of the US dollar is unchanged at 1.7000 manat," and Modern.az adding, "The dollar has been steady at 1.7000 manat, and the euro has increased to 1.7845 manat." This information is pivotal for local economic stakeholders, as exchange rates significantly affect trade dynamics and budgeting endeavors.
Continued stability in the US dollar is seen as a positive indicator for Azerbaijan’s economic outlook, especially considering how external factors may affect local pricing and economic strategy. The consistency of these rates plays a role for businesses engaged in international trade, as predictable currency values help mitigate risks associated with importing and exporting goods.
Looking beyond immediate exchange rates, stakeholders may also benefit from considering how these rates respond to broader economic trends, including inflation, global market demands, and geopolitical events. The Central Bank’s updates provide necessary insights for financial management and investment strategies.
Overall, the announcement of the latest exchange rates by the Azerbaijan Central Bank serves as key information for residents and economic participants within the region. Awareness of how these rates may shift or remain stable proves beneficial, especially as international relations continue to influence local economies.
The information provided by the Azerbaijan Central Bank remains integral for both governmental operations and individual citizens, promoting informed decision-making within the financial sphere and encouraging proactive engagement with local and global economic conditions.