Azerbaijan - Official exchange rate

Official exchange rate (LCU per US$, period average)

The value for Official exchange rate (LCU per US$, period average) in Azerbaijan was 0.79 as of 2012. As the graph below shows, over the past 20 years this indicator reached a maximum value of 4,834.25 in 2004 and a minimum value of 0.79 in 2012.

Definition: Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).

Source: International Monetary Fund, International Financial Statistics.

See also:

Year Value
1992 53.33
1993 98.36
1994 1,544.91
1995 4,342.37
1996 4,231.91
1997 3,921.11
1998 3,806.61
1999 4,053.73
2000 4,402.01
2001 4,581.49
2002 4,782.44
2003 4,831.54
2004 4,834.25
2005 4,650.88
2006 0.89
2007 0.86
2008 0.82
2009 0.80
2010 0.80
2011 0.79
2012 0.79

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices