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Weekly review of Azerbaijani currency market

Business Materials 31 December 2016 09:00 (UTC +04:00)

Baku, Azerbaijan, Dec. 30

By Anvar Mammadov – Trend:

The official exchange rate of Azerbaijani manat to the US dollar set by Azerbaijan’s Central Bank (CBA) decreased by 0.0085 manats (0.4824 percent) last week. Accordingly, the average rate was set at 1.7655 manats to $1.

Official exchange rate of manat to US dollar

Dec. 19

1.7525

Dec. 26

1.7622

Dec. 20

1.7525

Dec. 27

1.7622

Dec. 21

1.7575

Dec. 28

1.7662

Dec. 22

1.7575

Dec. 29

1.7662

Dec. 23

1.7622

Dec. 30

1.7707

Average weekly

1.75644

Average weekly

1.7655

The official exchange rate of manat to euro set by the CBA decreased by 0.0206 manats (1.1173 percent) last week. Accordingly, the average rate was set at 1.84874 manats to 1 euro.

Official exchange rate of manat to euro

Dec. 19

1.8335

Dec. 26

1.8438

Dec. 20

1.8229

Dec. 27

1.8400

Dec. 21

1.83

Dec. 28

1.8488

Dec. 22

1.8344

Dec. 29

1.8467

Dec. 23

1.8412

Dec. 30

1.8644

Average weekly

1.8324

Average weekly

1.84874

The official exchange rate of the Azerbaijani manat to the Russian ruble set by CBA decreased by 0.0004 manats (1.3841 percent) last week. Accordingly, the average rate was set at 0.02908 manats to 1 Russian ruble.

Official exchange rate of manat to Russian ruble

Dec. 19

0.0282

Dec. 26

0.0289

Dec. 20

0.0284

Dec. 27

0.0289

Dec. 21

0.0287

Dec. 28

0.0291

Dec. 22

0.0287

Dec. 29

0.0292

Dec. 23

0.0289

Dec. 30

0.0293

Average weekly

0.02858

Average weekly

0.02908

The official exchange rate of manat to Turkish lira set by the CBA decreased by 0.0009 manats (0.1795 percent) last week. Accordingly, the average rate was set at 0.5011 manats to 1 Turkish lira.

Official exchange rate of manat to Turkish lira

Dec. 19

0.4997

Dec. 26

0.5014

Dec. 20

0.4959

Dec. 27

0.5013

Dec. 21

0.4982

Dec. 28

0.5012

Dec. 22

0.5004

Dec. 29

0.4993

Dec. 23

0.5023

Dec. 30

0.5023

Average weekly

0.4983

Average weekly

0.5011

Last week, the price of one ounce of gold increased by 35.9969 manats (1.8061 percent). Accordingly, the average price of one ounce of gold stood at 2003.32884 manats.

Change in value in one ounce of gold

Dec. 19

1983.129

Dec. 26

1993.0482

Dec. 20

1991.2781

Dec. 27

1993.0482

Dec. 21

1978.4178

Dec. 28

1997.5722

Dec. 22

1992.3899

Dec. 29

2003.9305

Dec. 23

1993.665

Dec. 30

2029.0451

Average weekly

1987.77596

Average weekly

2003.32884

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