Indicator notes

Pressure on the Azerbaijani manat on June 4, 2026: 43.8 out of 100, in the “Low pressure” zone. The previous reading, on June 3, 2026, was 61.0 (“High pressure”): the indicator fell sharply by 17.2 points and crossed the 55 and 45 boundaries. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. Before that the indicator had stayed in the “High pressure” zone for 19 trading days in a row. Biggest component moves: “International reserves” at 4.7 versus 73.3 and “Central bank policy rate” at 70.6 versus 70.7. This describes that date's reading; it is not a forecast.

Pressure on the Azerbaijani manat on May 7, 2026: 61.9 out of 100, in the “High pressure” zone. The previous reading, on May 6, 2026, was 51.1 (“Moderate pressure”): the indicator rose sharply by 10.8 points and crossed the 55 boundary. The “High pressure” zone covers readings from 55 to 75: pressure on the currency is clearly above usual. Before that the indicator had stayed in the “Moderate pressure” zone for 39 trading days in a row. Biggest component moves: “Central bank policy rate” at 72.5 versus 29.4 and “International reserves” at 75.1 versus 75.2. This describes that date's reading; it is not a forecast.

Pressure on the Azerbaijani manat on March 12, 2026: 48.9 out of 100, in the “Moderate pressure” zone. The previous reading, on March 11, 2026, was 43.7 (“Low pressure”): the indicator rose by 5.2 points and crossed the 45 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Biggest component moves: “Central bank policy rate” at 32.5 versus 11.8 and “International reserves” at 62.9 versus 63.0. This describes that date's reading; it is not a forecast.

Pressure on the Azerbaijani manat on December 11, 2025: 44.4 out of 100, in the “Low pressure” zone. The previous reading, on December 10, 2025, was 53.7 (“Moderate pressure”): the indicator fell by 9.3 points and crossed the 45 boundary. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. Before that the indicator had stayed in the “Moderate pressure” zone for 34 trading days in a row. Biggest component moves: “Central bank policy rate” at 35.7 versus 72.6 and “International reserves” at 42.1 versus 42.2. This describes that date's reading; it is not a forecast.

Pressure on the Azerbaijani manat on October 23, 2025: 51.7 out of 100, in the “Moderate pressure” zone. The previous reading, on October 22, 2025, was 42.9 (“Low pressure”): the indicator rose by 8.8 points and crossed the 45 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “Low pressure” zone for 65 trading days in a row. Biggest component moves: “Central bank policy rate” at 74.4 versus 39.4 and “Exchange rate volatility” at 49.1 versus 49.0. This describes that date's reading; it is not a forecast.

Pressure on the Azerbaijani manat on July 24, 2025: 41.1 out of 100, in the “Low pressure” zone. The previous reading, on July 23, 2025, was 49.4 (“Moderate pressure”): the indicator fell by 8.3 points and crossed the 45 boundary. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. Before that the indicator had stayed in the “Moderate pressure” zone for 14 trading days in a row. Biggest component moves: “Central bank policy rate” at 33.0 versus 66.4 and “International reserves” at 33.4 versus 33.3. This describes that date's reading; it is not a forecast.

Pressure on the Azerbaijani manat on July 4, 2025: 48.8 out of 100, in the “Moderate pressure” zone. The previous reading, on July 3, 2025, was 59.5 (“High pressure”): the indicator fell sharply by 10.7 points and crossed the 55 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “High pressure” zone for 20 trading days in a row. Biggest component moves: “International reserves” at 32.0 versus 75.0 and “Central bank policy rate” at 65.1 versus 65.0. This describes that date's reading; it is not a forecast.

Pressure on the Azerbaijani manat on June 4, 2025: 59.0 out of 100, in the “High pressure” zone. The previous reading, on June 3, 2025, was 54.4 (“Moderate pressure”): the indicator rose by 4.6 points and crossed the 55 boundary. The “High pressure” zone covers readings from 55 to 75: pressure on the currency is clearly above usual. Before that the indicator had stayed in the “Moderate pressure” zone for 19 trading days in a row. Biggest component moves: “International reserves” at 74.7 versus 56.6 and “Central bank policy rate” at 63.1 versus 63.0. This describes that date's reading; it is not a forecast.

Pressure on the Azerbaijani manat on May 6, 2025: 54.4 out of 100, in the “Moderate pressure” zone. The previous reading, on May 1, 2025, was 56.9 (“High pressure”): the indicator fell by 2.5 points and crossed the 55 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Biggest component moves: “International reserves” at 58.4 versus 68.5 and “Central bank policy rate” at 61.2 versus 61.1. This describes that date's reading; it is not a forecast.

Pressure on the Azerbaijani manat on November 6, 2024: 52.6 out of 100, in the “Moderate pressure” zone. The previous reading, on November 3, 2024, was 56.3 (“High pressure”): the indicator fell by 3.7 points and crossed the 55 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “High pressure” zone for 66 trading days in a row. Biggest component moves: “International reserves” at 69.7 versus 84.8 and “Currency weakening” at 43.2 versus 43.1. This describes that date's reading; it is not a forecast.

Pressure on the Azerbaijani manat on August 6, 2024: 56.0 out of 100, in the “High pressure” zone. The previous reading, on August 3, 2024, was 46.9 (“Moderate pressure”): the indicator rose by 9.1 points and crossed the 55 boundary. The “High pressure” zone covers readings from 55 to 75: pressure on the currency is clearly above usual. Before that the indicator had stayed in the “Moderate pressure” zone for 3 trading days in a row. Biggest component moves: “International reserves” at 91.6 versus 55.1 and “Currency weakening” at 37.4 versus 37.3. This describes that date's reading; it is not a forecast.

Pressure on the Azerbaijani manat on August 1, 2024: 46.9 out of 100, in the “Moderate pressure” zone. The previous reading, on July 31, 2024, was 42.7 (“Low pressure”): the indicator rose by 4.2 points and crossed the 45 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “Low pressure” zone for 79 trading days in a row. Biggest component moves: “Central bank policy rate” at 49.5 versus 32.9 and “Currency weakening” at 37.1 versus 37.0. This describes that date's reading; it is not a forecast.

Pressure on the Azerbaijani manat on June 4, 2024: 40.9 out of 100, in the “Low pressure” zone. The previous reading, on June 1, 2024, was 30.7: the indicator rose sharply by 10.2 points. That meets our shift threshold of 10 points; the zone did not change. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. The indicator has now spent 39 trading days in a row in this zone. Biggest component moves: “International reserves” at 66.0 versus 25.3 and “Currency weakening” at 33.0 versus 32.9. This describes that date's reading; it is not a forecast.

Pressure on the Azerbaijani manat on April 5, 2024: 25.2 out of 100, in the “Low pressure” zone. The previous reading, on April 4, 2024, was 22.7 (“Calm”): the indicator rose by 2.5 points and crossed the 25 boundary. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. Biggest component moves: “International reserves” at 12.2 versus 2.2 and “Exchange rate volatility” at 42.9 versus 42.8. This describes that date's reading; it is not a forecast.

Pressure on the Azerbaijani manat on October 25, 2023: 39.4 out of 100, in the “Low pressure” zone. The previous reading, on October 24, 2023, was 48.7 (“Moderate pressure”): the indicator fell by 9.3 points and crossed the 45 boundary. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. Before that the indicator had stayed in the “Moderate pressure” zone for 20 trading days in a row. Biggest component moves: “Exchange rate volatility” at 37.0 versus 74.2 and “Currency weakening” at 39.3 versus 39.4. This describes that date's reading; it is not a forecast.

Pressure on the Azerbaijani manat on September 27, 2023: 53.9 out of 100, in the “Moderate pressure” zone. The previous reading, on September 26, 2023, was 44.6 (“Low pressure”): the indicator rose by 9.3 points and crossed the 45 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “Low pressure” zone for 38 trading days in a row. Biggest component moves: “Currency weakening” at 41.3 versus 4.1 and “International reserves” at 82.6 versus 82.5. This describes that date's reading; it is not a forecast.

Pressure on the Azerbaijani manat on August 4, 2023: 38.4 out of 100, in the “Low pressure” zone. The previous reading, on August 3, 2023, was 48.9 (“Moderate pressure”): the indicator fell sharply by 10.5 points and crossed the 45 boundary. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. The indicator spent a single trading day in the “Moderate pressure” zone. Biggest component moves: “International reserves” at 56.1 versus 97.7 and “Currency weakening” at 44.9 versus 45.0. This describes that date's reading; it is not a forecast.

Pressure on the Azerbaijani manat on August 3, 2023: 48.9 out of 100, in the “Moderate pressure” zone. The previous reading, on August 2, 2023, was 55.6 (“High pressure”): the indicator fell by 6.7 points and crossed the 55 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “High pressure” zone for 41 trading days in a row. Biggest component moves: “Central bank policy rate” at 13.7 versus 40.5 and “Currency weakening” at 45.0 versus 45.1. This describes that date's reading; it is not a forecast.

Pressure on the Azerbaijani manat on June 6, 2023: 64.3 out of 100, in the “High pressure” zone. The previous reading, on June 3, 2023, was 48.1 (“Moderate pressure”): the indicator rose sharply by 16.2 points and crossed the 55 boundary. The “High pressure” zone covers readings from 55 to 75: pressure on the currency is clearly above usual. Before that the indicator had stayed in the “Moderate pressure” zone for 21 trading days in a row. Biggest component moves: “International reserves” at 99.9 versus 34.8 and “Currency weakening” at 48.5 versus 48.6. This describes that date's reading; it is not a forecast.

Pressure on the Azerbaijani manat on May 4, 2023: 49.2 out of 100, in the “Moderate pressure” zone. The previous reading, on May 3, 2023, was 44.7 (“Low pressure”): the indicator rose by 4.5 points and crossed the 45 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “Low pressure” zone for 40 trading days in a row. Biggest component moves: “International reserves” at 35.0 versus 17.0 and “Currency weakening” at 50.6 versus 50.7. This describes that date's reading; it is not a forecast.

Pressure on the Azerbaijani manat on March 7, 2023: 41.0 out of 100, in the “Low pressure” zone. The previous reading, on March 4, 2023, was 45.2 (“Moderate pressure”): the indicator fell by 4.2 points and crossed the 45 boundary. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. Before that the indicator had stayed in the “Moderate pressure” zone for 20 trading days in a row. Biggest component moves: “International reserves” at 0.1 versus 16.9 and “Central bank policy rate” at 77.8 versus 77.9. This describes that date's reading; it is not a forecast.

Pressure on the Azerbaijani manat on February 3, 2023: 47.8 out of 100, in the “Moderate pressure” zone. The previous reading, on February 2, 2023, was 44.5 (“Low pressure”): the indicator rose by 3.3 points and crossed the 45 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “Low pressure” zone for 18 trading days in a row. Biggest component moves: “International reserves” at 15.0 versus 1.8 and “Exchange rate volatility” at 33.5 versus 33.4. This describes that date's reading; it is not a forecast.

Pressure on the Azerbaijani manat on January 10, 2023: 44.2 out of 100, in the “Low pressure” zone. The previous reading, on December 31, 2022, was 56.8 (“High pressure”): the indicator fell sharply by 12.6 points and crossed the 55 and 45 boundaries. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. Before that the indicator had stayed in the “High pressure” zone for 12 trading days in a row. Biggest component moves: “International reserves” at 0.1 versus 50.4 and “Central bank policy rate” at 81.2 versus 81.3. This describes that date's reading; it is not a forecast.

Pressure on the Azerbaijani manat on December 16, 2022: 56.9 out of 100, in the “High pressure” zone. The previous reading, on December 15, 2022, was 53.0 (“Moderate pressure”): the indicator rose by 3.9 points and crossed the 55 boundary. The “High pressure” zone covers readings from 55 to 75: pressure on the currency is clearly above usual. Before that the indicator had stayed in the “Moderate pressure” zone for 34 trading days in a row. Biggest component moves: “Central bank policy rate” at 82.3 versus 66.9 and “International reserves” at 49.3 versus 49.2. This describes that date's reading; it is not a forecast.

Pressure on the Azerbaijani manat on October 28, 2022: 50.2 out of 100, in the “Moderate pressure” zone. The previous reading, on October 27, 2022, was 43.2 (“Low pressure”): the indicator rose by 7.0 points and crossed the 45 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “Low pressure” zone for 18 trading days in a row. Biggest component moves: “Central bank policy rate” at 70.1 versus 42.3 and “International reserves” at 33.6 versus 33.5. This describes that date's reading; it is not a forecast.

Pressure on the Azerbaijani manat on October 4, 2022: 43.3 out of 100, in the “Low pressure” zone. The previous reading, on October 1, 2022, was 50.1 (“Moderate pressure”): the indicator fell by 6.8 points and crossed the 45 boundary. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. Before that the indicator had stayed in the “Moderate pressure” zone for 16 trading days in a row. Biggest component moves: “International reserves” at 32.9 versus 60.2 and “Currency weakening” at 65.8 versus 65.9. This describes that date's reading; it is not a forecast.

Pressure on the Azerbaijani manat on September 10, 2022: 52.7 out of 100, in the “Moderate pressure” zone. The previous reading, on September 9, 2022, was 61.7 (“High pressure”): the indicator fell by 9.0 points and crossed the 55 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “High pressure” zone for 20 trading days in a row. Biggest component moves: “Exchange rate volatility” at 30.5 versus 66.4 and “Currency weakening” at 77.0 versus 77.1. This describes that date's reading; it is not a forecast.

Pressure on the Azerbaijani manat on August 13, 2022: 64.8 out of 100, in the “High pressure” zone. The previous reading, on August 12, 2022, was 42.0 (“Low pressure”): the indicator rose sharply by 22.8 points and crossed the 45 and 55 boundaries. The “High pressure” zone covers readings from 55 to 75: pressure on the currency is clearly above usual. Before that the indicator had stayed in the “Low pressure” zone for 4 trading days in a row. Biggest component moves: “Currency weakening” at 89.6 versus 2.7 and “Exchange rate volatility” at 73.4 versus 69.0. This describes that date's reading; it is not a forecast.

Pressure on the Azerbaijani manat on August 9, 2022: 41.7 out of 100, in the “Low pressure” zone. The previous reading, on August 6, 2022, was 50.2 (“Moderate pressure”): the indicator fell by 8.5 points and crossed the 45 boundary. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. Before that the indicator had stayed in the “Moderate pressure” zone for 13 trading days in a row. Biggest component moves: “Currency weakening” at 1.2 versus 72.4 and “Exchange rate volatility” at 69.1 versus 32.1. This describes that date's reading; it is not a forecast.

Pressure on the Azerbaijani manat on July 21, 2022: 45.8 out of 100, in the “Moderate pressure” zone. The previous reading, on July 20, 2022, was 44.4 (“Low pressure”): the indicator rose slightly by 1.4 points and crossed the 45 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. The indicator spent a single trading day in the “Low pressure” zone. The component that moved most: “Currency weakening” at 80.5 versus 75.1. This describes that date's reading; it is not a forecast.