Exchange Rate in Azerbaijan
The exchange rate ended 2022 at AZN 1.70 per USD, identical to 2021's AZN 1.70 per USD, but notably higher than the 0.78 AZN per USD a decade earlier. For more exchange rate information, visit our dedicated page.
Azerbaijan Exchange Rate Chart
Note: This chart displays Exchange Rate (vs USD) for Azerbaijan from 2017 to 2016.
Source: Macrobond.
Azerbaijan Exchange Rate Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Exchange Rate (AZN per USD, eop) | 1.70 | 1.70 | 1.70 | 1.70 | 1.70 |
| Exchange Rate (AZN per USD, aop) | 1.70 | 1.70 | 1.70 | 1.70 | 1.70 |
| Exchange Rate (AZN per EUR, eop) | 1.90 | 2.09 | 1.93 | 1.81 | 1.88 |
| Exchange Rate (AZN per EUR, aop) | 1.90 | 1.93 | 2.01 | 1.79 | 1.84 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Azerbaijani exchange rate projections for the next ten years from a panel of 5 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable exchange rate forecast available for Azerbaijani exchange rate.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Azerbaijani exchange rate projections.
Want to get access to the full dataset of Azerbaijani exchange rate forecasts? Send an email to info@focus-economics.com.