Weekly review of Azerbaijani currency market

Weekly review of Azerbaijani currency market

Baku, Azerbaijan, Apr. 23

By Azad Hasanli - Trend:

The official exchange rate of Azerbaijani manats to the US dollar set by Azerbaijani Central Bank (CBA) increased by 0.0093 manats (0.6 percent). Accordingly, the average rate was set at 1.51328 manats to 1 US dollar.

Official exchange rate of manats to US dollar

April 11

1,5269

April 18

1,5167

April 12

1,5264

April 19

1,5167

April 13

1,5264

April 20

1,5128

April 14

1,5218

April 21

1,5128

April 15

1,5218

April 22

1,5074

Average weekly

1,52466

Average weekly

1,51328

During the week, the official exchange rate of manats to euro set by the CBA increased by 0.0091 manats (0.05 percent). Accordingly, the average rate was set at 1.71196 manats to 1 euro.

Official exchange rate of manats to euro

April 11

1,7422

April 18

1,7119

April 12

1,7412

April 19

1,7176

April 13

1,7349

April 20

1,7188

April 14

1,7139

April 21

1,7087

April 15

1,714

April 22

1,7028

Average weekly

1,72924

Average weekly

1,71196

The official exchange rate of Azerbaijani manats to the Russian ruble set by Azerbaijani Central Bank dropped by 0.0004 manats (1.8 percent). Accordingly, the average rate was set at 0.02276 manats to 1 Russian ruble.

Official exchange rate of manats to Russian ruble

April 11

0,0227

April 18

0,0223

April 12

0,0228

April 19

0,0228

April 13

0,0233

April 20

0,0228

April 14

0,023

April 21

0,0232

April 15

0,023

April 22

0,0227

Average weekly

0,02296

Average weekly

0,02276

During the week, the official exchange rate of manats to Turkish lira set by the CBA decreased by 0.001 manats (0.2 percent). Accordingly, the average rate was set at 0.53356 manats to 1 Turkish lira.

Official exchange rate of manats to Turkish lira

April 11

0,5364

April 18

0,5308

April 12

0,5395

April 19

0,5343

April 13

0,5386

April 20

0,5338

April 14

0,5327

April 21

0,5371

April 15

0,5336

April 22

0,5318

Average weekly

0,53616

Average weekly

0,53356

This week, the price of one ounce of gold increased by 21.9769 manats (1.2 percent).
Accordingly, the average price for gold reached 1881.90392 manats.

Change in the value of one ounce of gold:

April 11

1892,5926

April 18

1861,1426

April 12

1915,2504

April 19

1872,0628

April 13

1915,0214

April 20

1899,1691

April 14

1895,7824

April 21

1894,0256

April 15

1877,6729

April 22

1883,1195

Average weekly

1899,26394

Average weekly

1881,90392

The trading at Baku Interbank Currency Exchange (BBVB) has not been carried out since early 2015, so the exchange rate of manats is not formed.

---

Follow the author on Twitter: @AzadHasanli

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