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Weekly review of Azerbaijani currency market

Economy Materials 4 July 2015 11:23 (UTC +04:00)
The official exchange rate of Azerbaijani manat to the US dollar set by the Azerbaijani Central Bank, consolidated by 0.0003 manats (0.03 percent) last week.
Weekly review of Azerbaijani currency market

Baku, Azerbaijan, July 4

By Azad Hasanli - Trend:

The official exchange rate of Azerbaijani manat to the US dollar set by the Azerbaijani Central Bank, consolidated by 0.0003 manats (0.03 percent) last week. Accordingly, the average rate was set at 1.04872 manats to 1 US dollar.

Official exchange rate of manat to US dollar:

June 22

1,0473

June 29

1,0491

June 23

1,0479

June 30

1,0483

June 24

1,0483

July 1

1,0485

June 25

1,0482

July 2

1,0489

June 26

-

July 3

1,0488

Average weekly

1,047925

Average weekly

1,04872

During the week, the official exchange rate of manat to euro, set by the CBA decreased by 0.0077 manats (0.66 percent). Accordingly, the average rate was set at 1.16434 manats to 1 euro.

Official exchange rate of manat to euro:

June 22

1,1921

June 29

1,1558

June 23

1,1804

June 30

1,1733

June 24

1,1727

July 1

1,1679

June 25

1,1755

July 2

1,1612

June 26

-

July 3

1,1635

Average weekly

1,180175

Average weekly

1,16434

Last week, the price on one ounce of gold decreased by 5.8574 manats (0.48 percent). Accordingly, the average price on gold amounted to 1227.15906 manats.

Change in the value of one ounce of gold:

June 22

1260,3208

June 29

1227,9716

June 23

1242,2855

June 30

1232,8008

June 24

1234,8974

July 1

1227,7935

June 25

1230,3248

July 2

1225,1152

June 26

-

July 3

1222,1142

Average weekly

1241,95713

Average weekly

1227,15906

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

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Follow the author on Twitter: @AzadHasanli

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