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Weekly review of Azerbaijani currency market

Economy Materials 7 May 2016 12:39 (UTC +04:00)
The official exchange rate of Azerbaijani manats to the US dollar set by Azerbaijani Central Bank (CBA) weakened by 0.0028 manats (0.2 percent)
Weekly review of Azerbaijani currency market

Baku, Azerbaijan, May 7

By Azad Hasanli - Trend:

The official exchange rate of Azerbaijani manats to the US dollar set by Azerbaijani Central Bank (CBA) weakened by 0.0028 manats (0.2 percent). Accordingly, the average rate was set at 1.50828 manats to 1 US dollar.

Official exchange rate of manats to US dollar

April 25

1,5036

May 2

1,5072

April 26

1,5006

May 3

1,5066

April 27

1,5033

May 4

1,5094

April 28

1,5056

May 5

1,5082

April 29

1,5072

May 6

1,51

Average weekly

1,50406

Average weekly

1,50828

During the week, the official exchange rate of manats to euro set by the CBA consolidated by 0.0063 manats (0.36 percent). Accordingly, the average rate was set at 1.73076 manats to 1 euro.

Official exchange rate of manats to euro

April 25

1,6902

May 2

1,7283

April 26

1,69

May 3

1,7377

April 27

1,6983

May 4

1,7336

April 28

1,7067

May 5

1,7322

April 29

1,7174

May 6

1,722

Average weekly

1,70052

Average weekly

1,73076

The official exchange rate of Azerbaijani manats to the Russian ruble set by Azerbaijani Central Bank consolidated by 0.0005 manats (1.7 percent). Accordingly, the average rate was set at 0.02294 manats to 1 Russian ruble.

Official exchange rate of manats to Russian ruble

April 25

0,0226

May 2

0,0233

April 26

0,0225

May 3

0,0232

April 27

0,0229

May 4

0,0227

April 28

0,0231

May 5

0,0227

April 29

0,0233

May 6

0,0228

Average weekly

0,02288

Average weekly

0,02294

During the week, the official exchange rate of manats to Turkish lira set by the CBA consolidated by 0.025 manats (4.6 percent). Accordingly, the average rate was set at 0.52672 manats to 1 Turkish lira.

Official exchange rate of manats to Turkish lira

April 25

0,5275

May 2

0,5396

April 26

0,5271

May 3

0,537

April 27

0,532

May 4

0,5294

April 28

0,5336

May 5

0,513

April 29

0,5363

May 6

0,5146

Average weekly

0,5313

Average weekly

0,52672

This week, the price of one ounce of gold decreased by 4.5542 manats (0.2 percent).
Accordingly, the average price for gold reached 1939.21074 manats.

Change in the value of one ounce of gold:

April 25

1869,3507

May 2

1937,7317

April 26

1859,0933

May 3

1936,9603

April 27

1866,6476

May 4

1953,1636

April 28

1878,0854

May 5

1935,0206

April 29

1893,0432

May 6

1933,1775

Average weekly

1873,24404

Average weekly

1939,21074

The trading at Baku Interbank Currency Exchange (BBVB) has not been carried out since early 2015, so the exchange rate of manats is not formed.

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