(AzerNews) – The volume of money transfers between Uzbekistan and Russia by individuals dropped 13.3% in 2014 compared to 2013 and stood at $6.239 bln, according to the data from Russia’s Central Bank reported March 24.

The volume of money transfers from Russia to Uzbekistan amounted to $5.581 bln in 2014, compared to $6.633 bln in 2013 (a decrease by 15.9%). This is while $658 mln was transferred from Uzbekistan to Russia in 2014 which is 16.9% more than in 2013.

The mean transaction from Russia to Uzbekistan dropped from $593 in 2013 to $563 in 2014, while from Uzbekistan to Russia – from $1,901 to $1,876, respectively.

The volume of money transfers between Uzbekistan and Russia decreased by 37.2% in the Q4 of 2014, compared to the same period of 2013, and stood at $1.177 bln. This is while $989 mln was transferred from Russia to Uzbekistan in October-December 2014 (a decrease by 42.6% compared to the same period of 2013), from Uzbekistan to Russia – $188 mln (an increase by 24.5%).

The volume of money transfers between Uzbekistan and Russia increased by 18.3% and stood at $7.196 bln in 2013. The money transfers from Russia to Uzbekistan increased by 17% and totalled $6.633 bln, from Uzbekistan to Russia – increased by 35.3% and stood at $563 mln.

The data of Russia’s Central Bank covers such systems as Anelik, BLIZKO, Coinstar Money Transfer, Contact, InterExpress, Migom, MoneyGram, PrivatMoney, UNIStream, Western Union and others.