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Azerbaijani manat strengthens against euro in August

Economy Materials 1 September 2022 18:31 (UTC +04:00)
Azerbaijani manat strengthens against euro in August
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, September 1. Azerbaijani manat strengthened against the euro at the end of August compared to the beginning of the month, Trend reports.

The rate fell to 1.7067 manat per euro as of August 31.

The greatest growth in the cost seen studying the course dynamics occurred on August 30 (by 0.85 percent, or 0.014 manat compared to the previous day).

Additionally, tracking the dynamics of changes, the euro exchange rate almost reached a monthly maximum (1.7426 manat) on August 15, then a sharp decline in the value of the euro against the manat followed.

Therefore, the rate fell by 1.02 percent or 0.0174 manat on August 23 compared to the previous day, to 1.6891 manat per euro.

The average rate was 1.7219 manat per euro as a result of the month. The rate reached its maximum mark on August 12 (1.754 manat per euro), and the minimum - was on August 29 (1.6856 manat per euro).

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