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Dollar rate repeats historic minimum in Azerbaijan

Business Materials 12 June 2014 17:32 (UTC +04:00)
The official exchange rate of dollar set by the Central Bank of Azerbaijan (CBA) amounted to 0.7842 AZN / USD on June 12, repeating the minimum recorded in the beginning of the year.
Dollar rate repeats historic minimum in Azerbaijan

Baku, Azerbaijan, June 12

By Emin Aliyev - Trend:

The official exchange rate of dollar set by the Central Bank of Azerbaijan (CBA) amounted to 0.7842 AZN / USD on June 12, repeating the minimum recorded in the beginning of the year.

For the first time the dollar rate dropped to this point in late January and hit around 0.7842 manat per dollar within two days. The current exchange rate has remained unchanged for the third day.

The volume of currency interventions conducted by the Central Bank to keep the stable rate was $536 million in the first quarter of this year.

The bank will conduct intervention in the amount of $1.5-2 billion this year - the same as for entire 2013, deputy chairman of the Central Bank Khagani Abdullayev said.

The table below shows the official rate of manats on June 12 compared to foreign currencies:

Currencies and precious metals

June 12, 2014

1 U.S. dollar

1 USD

0.7842

1 euro

1 EUR

1.0621

1 Australian dollar

1 AUD

0.7351

1 Argentinian
Peso

1 ARS

0.0965

100 Belarusian Rubles

100 BYR

0.0077

1 Brazilian Real

1 BRL

0.3511

1 UAE dirham

1 AED

0.2135

1 South African Rand

1 ZAR

0.0729

100 South Korean Won

100 KRW

0.0771

1 Czech koruna

1 CZK

0.0387

1 Chilean Peso

1 CLP

0.1413

1 Chinse Yuan

1 CNY

0.126

1 Danish Krone

1 DKK

0.1423

1 Georgian Lari

1 GEL

0.4443

1 Hong Kong Dollar

1 HKD

0.1012

1 Indian Rupee

1 INR

0.0132

1 British pound sterling

1 GBP

1.3172

100 Indonesian rupiah

100 IDR

0.0066

100 Iranian rials

100 IRR

0.0031

1 Swedish Krona

1 SEK

0.1172

1 Swiss Franc

1 CHF

0.8719

1 Israeli Shekel

1 ILS

0.2267

1 Canadian Dollar

1 CAD

0.722

1 Kuwaiti Dinar

1 KWD

2.7777

1 Kazakhstan Tenge

1 KZT

0.0043

1 Kyrgyz Som

1 KGS

0.015

1 Lithuanian Litas

1 LTL

0.3076

100 Lebanese pounds

100 LBP

0.052

1 Malaysian ringgit

1 MYR

0.244

1 Mexican Peso

1 MXP

0.0602

1 Moldovan Leu

1 MDL

0.0566

1 Egyptian Pound

1 EGP

0.1098

1 Norwegian krone

1 NOK

0.1308

100 Uzbek soums

100 UZS

0.0341

1 Polish Zloty

1 PLN

0.2586

1 Russian ruble

1 RUR

0.0228

1 Singapore Dollar

1 SGD

0.6274

1 Saudi Riyal

1 SAR

0.2091

1 SDR (IMF Special Drawing Rights)

1 SDR

1.2055

1 Turkish lira

1 TRY

0.3705

1 Taiwanese Dollar

1 TWD

0.0261

1 Tajik Somoni

1 TJS

0.1599

1 New Turkmen manat

1 TMM

0.2752

1 Ukrainian hryvnia

1 UAH

0.0671

100 Japanese yen

100 JPY

0.7682

1 New Zealand dollar

1 NZD

0.6782

Gold (1 ounce)

1 XAU

989.01

Silver (1 ounce)

1 XAG

15.0612

Platinum (1 ounce)

1 XPT

1158.95

Palladium (1 ounce)

1 XPD

676.5293

edited by CN

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