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Weekly review of Azerbaijani currency market

Economy Materials 31 October 2015 12:15 (UTC +04:00)
The official exchange rate of Azerbaijani manat to the US dollar set by Azerbaijani Central Bank decreased by 0.0003 manats (0.029 percent) this week.
Weekly review of Azerbaijani currency market

Baku, Azerbaijan, Oct.31

Trend:

The official exchange rate of Azerbaijani manat to the US dollar set by Azerbaijani Central Bank decreased by 0.0003 manats (0.029 percent) this week. Accordingly, the average rate was set at 1.04916 manats to 1 US dollar.

Official exchange rate of manat to US dollar:

Oct.19

1,0474

Oct.26

1,0490

Oct.20

1,0476

Oct.27

1,0489

Oct.21

1,0474

Oct.28

1,0490

Oct.22

1,0475

Oct.29

1,0496

Oct.23

1,0487

Oct.30

1,0493

Average weekly

1,04772

Average weekly

1,04916

During the week, the official exchange rate of manat to euro set by the CBA consolidated by 0.0061 manats (0.527 percent). Accordingly, the average rate was set at 1.1548 manats to 1 euro.

Official exchange rate of manat to euro:

Oct.19

1,1898

Oct.26

1,1577

Oct.20

1,1876

Oct.27

1,1605

Oct.21

1,19

Oct.28

1,1575

Oct.22

1,1887

Oct.29

1,1467

Oct.23

1,1655

Oct.30

1,1516

Average weekly

1,18432

Average weekly

1,1548

This week, the price on one ounce of gold has decreased by 12.9253 manats (1.0611 percent).

Accordingly, the average price for gold stood at 1222.0085 manats.

Change in the value of one ounce of gold:

Oct.19

1236,8223

Oct.26

1218,1513

Oct.20

1231,349

Oct.27

1223,4370

Oct.21

1233,5754

Oct.28

1225,12

Oct.22

1222,5373

Oct.29

1238,1082

Oct.23

1223,8329

Oct.30

1205,2260

Average weekly

1229,62338

Average weekly

1222,0085

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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