OREANDA-NEWS. January 13, 2010. The Central Bank of Azerbaijan (CBA) informs that in December it was conducted 40,000 transactions for AZN 10.748 bn (average size of a transaction made up AZN 268,700) versus 31,000 transactions for AZN 5.049 bn (AZN 162,870) in November; 34,000 ones for AZN 5.76 bn (AZN 169,471) in October; 31,000 transactions for AZN 4.48 bn (AZN 144,548) in September; 31,000 ones for AZN 5.910 bn (AZN 190,645) in August; 36,000 ones for AZN 6.084 bn (AZN 169,000) in July; 34,000 ones for AZN 5.492 bn (AZN 161,530) in June; 33,000 ones for AZN 5.96 bn (AZN 180,697) in May; 36,000 ones for AZN 5.197 bn (AZN 144,361) in April; 30,000 ones for AZN 6.986 bn (AZN 232,867) in March; 28,000 ones for AZN 3.771 million (AZN 134,679) in February; 27,000 ones for AZN 5.003 million (AZN 1.85 million) in January 2009; 47,000 ones for AZN 10.694 bn (AZN 227,532) in December 2008.

Thus, in 2009 it was carried out 393,000 payments for AZN 72.856 bn with average size of a transaction for AZN 185,384.

In 2008, it was conducted 456,000 transactions for AZN 71.423 bn versus 433,000 for AZN 38.73 bn in 2007 and 370,000 operations for AZN 23.85 bn in 2006.

So, in December 2008 quantity of transactions kept its record on number of transactions (47,000). But the record on turnover a month (AZN 10.748 bn) and average size of a transaction (AZN 268,700) transferred to December 2009.

The system has operated since 2001 during which 342,000 transactions were fulfilled for “modest’” AZN 2.76 bn of its turnover on 342 operations. At the same time, average of size of payment totaled only AZN 8,100.