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Weekly review of Azerbaijani currency market

Business Materials 7 March 2015 12:28 (UTC +04:00)
The official rate of manat to the US dollar set by the Azerbaijani Central Bank (CBA) consolidated by 0.0006 manats (0.06 percent) last week
Weekly review of Azerbaijani currency market

Baku, Azerbaijan, Mar. 7

By Maksim Tsurkov - Trend:

The official rate of manat to the US dollar set by the Azerbaijani Central Bank (CBA) consolidated by 0.0006 manats (0.06 percent) last week. Accordingly, the average rate was established at 1.04938 manat to 1 US dollar.

Official rate of manat to 1 US dollar:

Feb. 23

1,0500

Mar. 2

1,0496

Feb. 24

1,0501

Mar. 3

1,0496

Feb. 25

1,0502

Mar. 4

1,0493

Feb. 26

1,0501

Mar. 5

1,0494

Feb. 27

1,0498

Mar. 6

1,0490

Average weekly

1,05004

Average weekly

1,04938

During the week, the official rate of manat against the euro, set by the CBA consolidated by 0.0167 manats (1.42 percent). Accordingly, the average weighted rate was set at 1.16756 manats for 1 euro.

The official rate of manat against the euro:

Feb. 23

1,1950

Mar. 2

1,1733

Feb. 24

1,1906

Mar. 3

1,1752

Feb. 25

1,1914

Mar. 4

1,1720

Feb. 26

1,1942

Mar. 5

1,1607

Feb. 27

1,1771

Mar. 6

1,1566

Average weekly

1,18966

Average weekly

1,16756

Last week, the price of one ounce of gold decreased by 13.3164 manats (1.05 percent). Accordingly, the average weighted price of gold amounted to 1267.80926 manats.

Change in the value of an ounce of gold:

Feb. 23

1268,6625

Mar. 2

1274,2144

Feb. 24

1264,8455

Mar. 3

1272,64

Feb. 25

1268,85

Mar. 4

1272,5386

Feb. 26

1265,1080

Mar. 5

1258,7553

Feb. 27

1268,4209

Mar. 6

1260,898

Average weekly

1267,17738

Average weekly

1267,80926

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: @MaksimTsurkov

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