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Weekly review of Azerbaijani currency market

Economy Materials 17 October 2015 13:30 (UTC +04:00)
The official exchange rate of Azerbaijani manat to the US dollar set by Azerbaijani Central Bank consolidated by 0.0001 manats (0.095 percent) this week.
Weekly review of Azerbaijani currency market

Baku, Azerbaijan, Oct.17

By Anvar Mammadov - Trend:

The official exchange rate of Azerbaijani manat to the US dollar set by Azerbaijani Central Bank consolidated by 0.0001 manats (0.095 percent) this week. Accordingly, the average rate was set at 1.04728 manats to 1 US dollar.

Official exchange rate of manat to US dollar:

Oct.5

1,0481

Oct.12

1,0474

Oct.6

1,0483

Oct.13

1,0475

Oct.7

1,0478

Oct.14

1,0473

Oct.8

1,0480

Oct.15

1,0469

Oct.9

1,0478

Oct.16

1,0473

Average weekly

1,0480

Average weekly

1,04728

During the week, the official exchange rate of manat to euro set by the CBA dropped by 0.0007 manats (0.59 percent). Accordingly, the average rate was set at 1.19358 manats to 1 euro.

Official exchange rate of manat to euro:

Oct.5

1,1766

Oct.12

1,1914

Oct.6

1,1724

Oct.13

1,1898

Oct.7

1,1817

Oct.14

1,1927

Oct.8

1,1796

Oct.15

1,2019

Oct.9

1,1819

Oct.16

1,1921

Average weekly

1,17844

Average weekly

1,19358

This week, the price on one ounce of gold has increased by 34.1315 manats (2.8298 percent).

Accordingly, the average price for gold stood at 1197.36066 manats.

Change in the value of one ounce of gold:

Oct.5

1195,6201

Oct.12

1206,1335

Oct.6

1194,7999

Oct.13

1220,2328

Oct.7

1202,3505

Oct.14

1220,3140

Oct.8

1199,5408

Oct.15

1228,9559

Oct.9

1194,4920

Oct.16

1240,2650

Average weekly

1197,36066

Average weekly

1223,18024

The trading at Baku Interbank Currency Exchange (BBVB) has not been carried out since the beginning of the year, so the exchange rate of manat is not formed.

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Follow the author on Twitter: @Anvar_Mammadov

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