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Weekly review of Azerbaijani currency market

Business Materials 25 April 2015 11:09 (UTC +04:00)

Baku, Azerbaijan, Apr. 25

By Azad Hasanli - Trend:

The official exchange rate of Azerbaijani manat to the US dollar set by the Azerbaijani Central Bank remained unchanged last week. Accordingly, the average weighted rate was set at 1.05044 manats to 1 US dollar.

Official exchange rate of manat to US dollar:

April 13

1,0537

April 20

1,0502

April 14

1,0514

April 21

1,0506

April 15

1,0511

April 22

1,0506

April 16

1,0507

April 23

1,0506

April 17

1,0504

April 24

1,0502

Average weekly

1,0515

Average weekly

1,05044

During the week, the official exchange rate of manat to euro, set by the CBA increased by 0.0001 manats (0.01 percent). Accordingly, the average weighted rate was set at 1.12906 manats to 1 euro.

Official exchange rate of manat to euro:

April 13

1,1161

April 20

1,1333

April 14

1,1106

April 21

1,1269

April 15

1,1167

April 22

1,1267

April 16

1,1244

April 23

1,1252

April 17

1,1308

April 24

1,1332

Average weekly

1,1197

Average weekly

1,12906

Last week, the price on one ounce of gold dropped by 18.4835 manats (1.48 percent). Accordingly, the average weighted price on gold amounted to 1254.25682 manats.

Change in the value of one ounce of gold:

April 13

1269,14

April 20

1263,7582

April 14

1260,5235

April 21

1257,0429

April 15

1255,8017

April 22

1255,7822

April 16

1253,38

April 23

1249,4261

April 17

1265,0492

April 24

1245,2747

Average weekly

1260,7789

Average weekly

1254,25682

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: @AzadHasanli

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