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Weekly review of Azerbaijani currency market

Business Materials 21 January 2017 15:19 (UTC +04:00)

Baku, Azerbaijan, Jan. 21

By Anvar Mammadov – Trend:

The official exchange rate of Azerbaijani manat to the US dollar set by Azerbaijan’s Central Bank (CBA) decreased by 0.0444 manats (2.485 percent) last week. Accordingly, the average rate was set at 1.8067 manats to $1.

The exchange rate of Azerbaijani manat to foreign currencies was not set on Jan. 20 due to the day of national mourning.

Official exchange rate of manat to US dollar

Jan. 9

1.7742

Jan. 16

1.7867

Jan. 10

1.7742

Jan. 17

1.8045

Jan. 11

1.7742

Jan. 18

1.8045

Jan. 12

1.7742

Jan. 19

1.8311

Jan. 13

1.7867

Jan. 20

-

Average weekly

1.7767

Average weekly

1.8067

The official exchange rate of manat to euro set by the CBA decreased by 0.0524 manats (2.7639 percent) last week. Accordingly, the average rate was set at 1.923625 manats to 1 euro.

Official exchange rate of manat to euro

Jan. 9

1.8677

Jan. 16

1.8959

Jan. 10

1.8824

Jan. 17

1.9201

Jan. 11

1.8719

Jan. 18

1.9302

Jan. 12

1.8809

Jan. 19

1.9483

Jan. 13

1.897

Jan. 20

-

Average weekly

1.87998

Average weekly

1.923625

The official exchange rate of the Azerbaijani manat to the Russian ruble set by CBA decreased by 0.0008 manats (2.6667 percent) last week. Accordingly, the average rate was set at 0.03035 manats to 1 Russian ruble.

Official exchange rate of manat to Russian ruble

Jan. 9

0.0298

Jan. 16

0.0300

Jan. 10

0.0296

Jan. 17

0.0302

Jan. 11

0.0295

Jan. 18

0.0304

Jan. 12

0.0297

Jan. 19

0.0308

Jan. 13

0.0301

Jan. 20

-

Average weekly

0.02974

Average weekly

0.03035

The official exchange rate of manat to Turkish lira set by the CBA decreased by 0.0057 manats (1.199 percent) last week. Accordingly, the average rate was set at 0.477775 manats to 1 Turkish lira.

Official exchange rate of manat to Turkish lira

Jan. 9

0.4863

Jan. 16

0.4754

Jan. 10

0.4776

Jan. 17

0.4756

Jan. 11

0.4648

Jan. 18

0.4790

Jan. 12

0.4574

Jan. 19

0.4811

Jan. 13

0.4742

Jan. 20

-

Average weekly

0.47206

Average weekly

0.477775

Last week, the price of one ounce of gold increased by 97.5304 manats (4.5858 percent). Accordingly, the average price of one ounce of gold stood at 2179.075675 manats.

Change in value in one ounce of gold

Jan. 9

2086.1931

Jan. 16

2126.7983

Jan. 10

2090.8947

Jan. 17

2170.8135

Jan. 11

2110.4109

Jan. 18

2194.3622

Jan. 12

2090.9834

Jan. 19

2224.3287

Jan. 13

2153.0628

Jan. 20

-

Average weekly

2106.30898

Average weekly

2179.075675

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