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Weekly review of Azerbaijani currency market

Business Materials 25 February 2017 15:07 (UTC +04:00)
The official exchange rate of Azerbaijani manat against the US dollar set by Azerbaijan’s Central Bank (CBA) decreased by 0.0123 manats, or 0.7089 percent last week.
Weekly review of Azerbaijani currency market

Baku, Azerbaijan, Feb. 25

By Anvar Mammadov – Trend:

The official exchange rate of Azerbaijani manat against the US dollar set by Azerbaijan’s Central Bank (CBA) decreased by 0.0123 manats, or 0.7089 percent last week.

Accordingly, the average rate was set at 1.74146 AZN/USD.

Official AZN/USD exchange rate

Feb. 13

1.7301

Feb. 20

1.7352

Feb. 14

1.7301

Feb. 21

1.7352

Feb. 15

1.7296

Feb. 22

1.7447

Feb. 16

1.7296

Feb. 23

1.7447

Feb. 17

1.7352

Feb. 24

1.7475

Average weekly

1.73092

Average weekly

1.74146

The official exchange rate of manat against euro set by the CBA decreased by 0.0065 manats or 0.3528 percent last week.

Accordingly, the average AZN/EUR rate was set at 1.84202 manats.

Official AZN/EUR exchange rate

Feb. 13

1.8378

Feb. 20

1.8425

Feb. 14

1.8358

Feb. 21

1.8361

Feb. 15

1.8293

Feb. 22

1.8399

Feb. 16

1.8359

Feb. 23

1.8426

Feb. 17

1.8522

Feb. 24

1.8490

Average weekly

1.8382

Average weekly

1.84202

The official exchange rate of the Azerbaijani manat to the Russian ruble set by CBA decreased by 0.0006 manats or 2.0202 percent last week.

Accordingly, the average AZN/RUB rate was set at 0.0301 manats.

Official AZN/RUB exchange rate

Feb. 13

0.0296

Feb. 20

0.0297

Feb. 14

0.0298

Feb. 21

0.0300

Feb. 15

0.0303

Feb. 22

0.0304

Feb. 16

0.0302

Feb. 23

0.0301

Feb. 17

0.0301

Feb. 24

0.0303

Average weekly

0.03

Average weekly

0.0301

The official exchange rate of manat to Turkish lira set by the CBA decreased by 0.01 manats or 2.0886 percent last week.

Accordingly, the average AZN/TRY rate was set at 0.48282 manats.

Official AZN/TRY exchange rate

Feb. 13

0.4678

Feb. 20

0.4788

Feb. 14

0.4719

Feb. 21

0.4777

Feb. 15

0.4735

Feb. 22

0.4816

Feb. 16

0.4726

Feb. 23

0.4872

Feb. 17

0.4728

Feb. 24

0.4888

Average weekly

0.47172

Average weekly

0.48282

Last week, the price of one ounce of gold decreased by 25.6737 manats or 1.1913 percent.

Accordingly, the average price of one ounce of gold stood at 2158.36944 manats.

Change in price of one ounce of gold

Feb. 13

2125.0818

Feb. 20

2155.0316

Feb. 14

2114.6147

Feb. 21

2146.9630

Feb. 15

2128.7052

Feb. 22

2151.5640

Feb. 16

2117.7222

Feb. 23

2157.5833

Feb. 17

2152.6024

Feb. 24

2180.7053

Average weekly

2127.74526

Average weekly

2158.36944

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