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Weekly review of Azerbaijani currency market

Business Materials 10 October 2015 12:54 (UTC +04:00)
The official exchange rate of Azerbaijani manat to the US dollar set by Azerbaijani Central Bank consolidated by 0.0003 manats (0.029 percent) this week.
Weekly review of Azerbaijani currency market

Baku, Azerbaijan, Oct.10

By Anvar Mammadov - Trend:

The official exchange rate of Azerbaijani manat to the US dollar set by Azerbaijani Central Bank consolidated by 0.0003 manats (0.029 percent) this week. Accordingly, the average rate was set at 1.0480 manats to 1 US dollar.

Official exchange rate of manat to US dollar:

Sept.28

1.0483

Oct.5

1.0481

Sept.29

1.0480

Oct.6

1.0483

Sept.30

1.0480

Oct.7

1.0478

Oct.1

1.0485

Oct.8

1.0480

Oct.2

1.0483

Oct.9

1.0478

Average weekly

1.04822

Average weekly

1.0480

During the week, the official exchange rate of manat to euro set by the CBA dropped by 0.0053 manats (0.45 percent). Accordingly, the average rate was set at 1.17844 manats to 1 euro.

Official exchange rate of manat to euro:

Sept.28

1.1732

Oct.5

1.1766

Sept.29

1.1795

Oct.6

1.1724

Sept.30

1.1795

Oct.7

1.1817

Oct.1

1.1688

Oct.8

1.1796

Oct.2

1.1720

Oct.9

1.1819

Average weekly

1.1746

Average weekly

1.17844

This week, the price on one ounce of gold has decreased by 1.1911 manats (0.094 percent).

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

Change in the value of one ounce of gold:

Sept.28

1202.0332

Oct.5

1195.6201

Sept.29

1185.3404

Oct.6

1194.7999

Sept.30

1186.4408

Oct.7

1202.3505

Oct.1

1168.0290

Oct.8

1199.5408

Oct.2

1173.0477

Oct.9

1194.4920

Average weekly

1182.97822

Average weekly

1197.36066

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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