Belarus is CIS leader in dollar rate growth

The official dollar/Belarusian ruble exchange rate increased by 25.65% (from 11,850 to 14,890) in January-May 2015.

This is the third result among the former Soviet countries (a 29.96% increase in January, first place; 25.65% in January-February, third place; 24.39% in the first quarter, third place; 22.11% in January-April, fifth place), BelaPAN reports.

The leaders are Azerbaijan with 33.78% (from 0.7844 to 1.0494 manats) and Ukraine with 33.48% (from 15.768556 to 21.048227 hryvnias).

Belarus is followed by Georgia with 24.02% (from 1.8636 to 2.3112 laris), Turkmenistan — 22,81% (from 2.85 to 3.50 manats), Tajikistan — 18,10% (from 5.3079 to 6.2685 somonis), Moldova — 15,67% (from 15.6152 to 18.0624 lei), Lithuania — 10,89% (from 0.8221 to 0.8917 euros), Latvia, Estonia — 10,85% each (from 0.8224 to 0.8917 euros), Uzbekistan — 4,54% (from 2,422.40 to 2,532.34 sums), Kazakhstan — 1,97% (from 182.35 to 185.95 tenge) and Armenia — 0,75% (from 474.97 to 478.54 drams). The dollar fell 1.26% (from 58.8865 to 58.1472 soms) in Kyrgyzstan and 5.84% (from 56.2584 to 52.9716 rubles) in Russia.

The exchange rate didn't change in the self-proclaimed Transnistrian Moldavian Republic which has its own financial system (11.10 rubles).

The dollar rate increased by 2.90% in Belarus in May, which is the highest growth rate in the former USSR. Belarus is followed by Russia (2.45%), Latvia, Lithuania and Estonia (2.23%), Uzbekistan (0.78%), Armenia (0.44%), Tajikistan (0.17%), Georgia and Kazakhstan (0.08%), Azerbaijan (0.07%) and Ukraine (0.01%). The dollar rate decreased by 0.11% in Moldova, 3.20% in Kyrgyzstan and didn't change in Turkmenistan.

Belarus was the third among the former Soviet countries in the currency rate growth (24.61%) in 2014, the second in 2013 (10.97%), the fourth in 2012 (2.63%), the first in 2011 (178.33%), the seventh in 2010 (4.79%), the first in 2009 (30.14%) and the ninth in 2008 (2.33%).