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Weekly review of Azerbaijani currency market

Business Materials 1 October 2016 14:10 (UTC +04:00)
The official exchange rate of Azerbaijani manat to the US dollar set by Azerbaijan’s Central Bank (CBA) increased by 0.0081 manats (0.4972 percent) last week. Accordingly, the average rate was set at 1.625175 manats to $1.
Weekly review of Azerbaijani currency market

Baku, Azerbaijan, Oct. 1

By Anvar Mammadov – Trend:

The official exchange rate of Azerbaijani manat to the US dollar set by Azerbaijan’s Central Bank (CBA) increased by 0.0081 manats (0.4972 percent) last week. Accordingly, the average rate was set at 1.625175 manats to $1.

Official exchange rate of manat to US dollar

Sept. 19

1.637

Sept. 26

-

Sept. 20

1.637

Sept. 27

1.6292

Sept. 21

1.6331

Sept. 28

1.6252

Sept. 22

1.6331

Sept. 29

1.6252

Sept. 23

1.6292

Sept. 30

1.6211

Average weekly

1.63388

Average weekly

1.625175

During the week, the official exchange rate of manat to euro set by the CBA increased by 0.0133 manats (0.726 percent). Accordingly, the average rate was set at 1.8245 manats to 1 euro.

Official exchange rate of manat to euro

Sept. 19

1.8281

Sept. 26

-

Sept. 20

1.8291

Sept. 27

1.8320

Sept. 21

1.8176

Sept. 28

1.8223

Sept. 22

1.8292

Sept. 29

1.8250

Sept. 23

1.8241

Sept. 30

1.8187

Average weekly

1.82562

Average weekly

1.8245

The official exchange rate of Azerbaijani manat to the Russian ruble set by Azerbaijani Central Bank decreased by 0.0002 manats (0.7843 percent). Accordingly, the average rate was set at 0.025625 manats to 1 Russian ruble.

Official exchange rate of manat to Russian ruble

Sept. 19

0.0252

Sept. 26

-

Sept. 20

0.0252

Sept. 27

0.0255

Sept. 21

0.0252

Sept. 28

0.0255

Sept. 22

0.0256

Sept. 29

0.0258

Sept. 23

0.0255

Sept. 30

0.0257

Average weekly

0.02534

Average weekly

0.025625

During the week, the official exchange rate of manat to Turkish lira set by the CBA increased by 0.0081 manats (1.4784 percent). Accordingly, the average rate was set at 0.5447 manats to 1 Turkish lira.

Official exchange rate of manat to Turkish lira

Sept. 19

0.5499

Sept. 26

-

Sept. 20

0.5499

Sept. 27

0.5479

Sept. 21

0.5470

Sept. 28

0.5460

Sept. 22

0.5525

Sept. 29

0.5451

Sept. 23

0.5531

Sept. 30

0.5398

Average weekly

0.55048

Average weekly

0.5447

Last week, the price of one ounce of gold has decreased by 47.1707 manats (2.1599 percent). Accordingly, the average price for gold reached 2156.670475 manats.

Change in value of one ounce of gold

Sept. 19

2141.7690

Sept. 26

-

Sept. 20

2152.4095

Sept. 27

2183.9426

Sept. 21

2145.5668

Sept. 28

2156,6404

Sept. 22

2165.6539

Sept. 29

2149.3270

Sept. 23

2181.6617

Sept. 30

2136.7719

Average weekly

2157.41218

Average weekly

2156.670475

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

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