Demand for dollars in Azerbaijan has sharply decreased - Figures for the last 3 years


During January of this year, the Central Bank held 6 foreign exchange auctions with the participation of the State Oil Fund, at which a total of $159.1 million was sold.
Calculations made by Yeniavaz.com with reference to published official statistics show that this figure is 4 times less compared to the same period last year. So, at the first 6 auctions held in January last year, a total of 642.7 million dollars were sold. Compared to the same period in 2021, dollar sales in January this year were 3.2 times lower. So, at the first 6 auctions held in January 2021, a total of $513.1 million was sold.
The number of dollars sold in the first 6 auctions held in January 2021, 2022 and 2023 were as follows:

In 2023:
January 5 - $52.7 million
January 10 - $51.2 million
January 12 - $35 million
January 17 - $18.7 million
January 19 - $1.5 million
January 24 - 0

In 2022:
January 6 - $114.1 million
January 11 - $113.1 million
January 13 - $96.9 million
January 18 - $116.4 million
January 21 - $99.7 million
January 25 - $102.5 million

In 2021:
January 5 - $66.4 million
January 7 - $70.6 million
January 12 - $142.2 million
January 14 - $100.1 million
January 19 - $66.4 million
January 21 - $67.4 million

A. Jafarov

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