Bank Of Baku

Money transfer from Georgia to Azerbaijan and vice verse increased

Money transfer from Georgia to Azerbaijan and vice verse increased
# 19 September 2016 16:26 (UTC +04:00)

Baku. Musa Ahmadov - APA-Economics. In January-August 2016,$1,317,000 was transferred from Georgia to Azerbaijan, up $667,400 or 2.03 times from previous year.

 

Compared to July, the money transfer from Georgia to Azerbaijan increased $526,900 or 66.69% in August.  

 

The money transfer Georgia to Azerbaijan makes 7.6% of total money transfers.

 

During the reporting period, $2,490,800 was transferred from Azerbaijan to Georgia, up $1,131,300 or 83.21%$ in comparison to a year earlier. Compared to July, the money transfers from Azerbaijan to Georgia increased $1,425,200 or 2.34 times in August.

 

The money transfer from Azerbaijan to Georgia makes 2.35% of total money transfers.   

 

 

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