According to Central Bank of Azerbaijan,average exchange rate of Euro against AZN in May made AZN 1.1712, up 3.4% from April. The exchange rate was AZN 1,1331 in April.
Exchange rate of Euro has increased 19.7% since devaluation occurred in February.
Exchange rate of USD fell 0.2% to AZN 1.0484 in May, while it was AZN 1.0503 in April.
From February to June 1, official exchange rate of USD increased 21.8%.