The Russian ruble is strengthening against the manat, just as it is against the dollar.
Medianews.az reports that according to the official exchange rate of the Central Bank of Azerbaijan, 100 Russian rubles were equal to 2.1157 manats on January 5.
On January 22, the rate rose to 2.2139 manats, on April 14 to 2.2320 manats, and on April 30 to 2.2701 manats.
On May 5, 100 Russian rubles were sold for 2.2836 manats in Azerbaijan, and a week later — on the 12th — the rate increased to 2.3056 manats.
On May 19, 100 Russian rubles equaled 2.3386 manats. As can be seen, this is the highest ruble rate in Azerbaijan since the beginning of the year.
Medianews.az notes that the Russian ruble has currently also reached its highest level against the dollar.
On May 12, 2026, the Central Bank of Russia set the official exchange rate of 1 dollar below 74 rubles for the first time since February 2023. On May 16, the off-exchange market rate of the dollar was below 73 rubles.
On May 19, the Central Bank of Russia lowered the official exchange rate of 1 dollar to 72.35 rubles. This means an approximately 10 percent strengthening of the Russian currency against the dollar over the past year. Overall, since the beginning of 2023, the official exchange rate of 1 dollar in Russia has never been this low, i.e., 72.35 rubles.