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Weekly review of Azerbaijani currency market

Economy Materials 4 June 2016 11:03 (UTC +04:00)
The official exchange rate of Azerbaijani manats to the US dollar set by Azerbaijani Central Bank (CBA) decreased by 0.0058 manats (0.4 percent)
Weekly review of Azerbaijani currency market

Baku, Azerbaijan, June 4

By Azad Hasanli - Trend:

The official exchange rate of Azerbaijani manats to the US dollar set by Azerbaijani Central Bank (CBA) decreased by 0.0058 manats (0.4 percent). Accordingly, the average rate was set at 1.49305 manats to 1 US dollar.

Official exchange rate of manats to US dollar

May 23

1,4957

May 30

-

May 24

1,4929

May 31

1,4906

May 25

1,49

June 1

1,4918

May 26

1,49

June 2

1,4934

May 27

1,4906

June 3

1,4964

Average weekly

1,49184

Average weekly

1,49305

During the week, the official exchange rate of manats to euro set by the CBA weakened by 0.0097 manats (0.6 percent). Accordingly, the average rate was set at 1.66555 manats to 1 euro.

Official exchange rate of manats to euro

May 23

1,6798

May 30

-

May 24

1,6738

May 31

1,6598

May 25

1,6614

June 1

1,6595

May 26

1,666

June 2

1,6734

May 27

1,6677

June 3

1,6695

Average weekly

1,66974

Average weekly

1,66555

The official exchange rate of Azerbaijani manats to the Russian ruble set by Azerbaijani Central Bank consolidated by 0.0002 manats (0.9 percent). Accordingly, the average rate was set at 0.022425 manats to 1 Russian ruble.

Official exchange rate of manats to Russian ruble

May 23

0,0224

May 30

-

May 24

0,0223

May 31

0,0226

May 25

0,0225

June 1

0,0224

May 26

0,0228

June 2

0,0223

May 27

0,0226

June 3

0,0224

Average weekly

0,02252

Average weekly

0,022425

During the week, the official exchange rate of manats to Turkish lira set by the CBA cheapened by 0.0031 manats (0.6 percent). Accordingly, the average rate was set at 0.50635 manats to 1 Turkish lira.

Official exchange rate of manats to Turkish lira

May 23

0,5029

May 30

-

May 24

0,4983

May 31

0,5043

May 25

0,5052

June 1

0,5059

May 26

0,5072

June 2

0,5078

May 27

0,5068

June 3

0,5074

Average weekly

0,50408

Average weekly

0,50635

This week, the price of one ounce of gold increased by 1.2931 manats (0.07 percent).
Accordingly, the average price for gold reached 1812,2807 manats.

Change in the value of one ounce of gold:

May 23

1875,9069

May 30

-

May 24

1860,0041

May 31

1812,9423

May 25

1842,9065

June 1

1808,2108

May 26

1818,694

June 2

1813,7343

May 27

1824,2708

June 3

1814,2354

Average weekly

1844,35646

Average weekly

1812,2807

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.

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