Foreign Exchange Reserves in Azerbaijan increased to 5870.90 USD Million in May from 5789 USD Million in April of 2019. Foreign Exchange Reserves in Azerbaijan averaged 7765.35 USD Million from 2009 until 2019, reaching an all time high of 15193.40 USD Million in July of 2014 and a record low of 3974.40 USD Million in December of 2016.
Foreign Exchange Reserves in Azerbaijan is expected to be 5630.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Foreign Exchange Reserves in Azerbaijan to stand at 5650.00 in 12 months time. In the long-term, the Azerbaijan Foreign Exchange Reserves is projected to trend around 5750.00 USD Million in 2020, according to our econometric models.