Georgia and Azerbaijan see increase in mutual money transfers

Compared to September, the money transfer from Georgia to Azerbaijan increased $350,500 or 63.03% in October.

The money transfer from Georgia to Azerbaijan made up 5.09% of total money transfers.

During the reporting period, $1,225,000 was transferred from Azerbaijan to Georgia, down $115,600 or 8.62% in comparison to a year earlier. Compared to September, the money transfers from Azerbaijan to Georgia increased $128,500 or 11.72% in October.

The money transfer from Azerbaijan to Georgia made up 1.2% of total money transfers.