Weekly review of Azerbaijani currency market

Weekly review of Azerbaijani currency market

Baku, Azerbaijan, Apr. 4

By Azad Hasanli - Trend:

The official exchange rate of Azerbaijani manat to the US dollar set by the Azerbaijani Central Bank (CBA) weakened by 0.0002 manats (0.02 percent) last week. Accordingly, the average exchange rate was set at 1.0485 manats to 1 US dollar.

Official exchange rate of manat to US dollar:

Mar.16

1,0487

Mar.30

1,0484

Mar.17

1,0488

Mar.31

1,0485

Mar.18

1,0488

Apr.1

1,0485

Mar.19

1,0486

Apr. 2

1,0485

Mar.20

-

Apr. 3

1,0486

Average weekly

1,048725

Average weekly

1,0485

During the week, the official exchange rate of manat to euro, set by the CBA weakened by 0.0006 manats (0.053 percent).

Accordingly, the average weighted rate was set at 1.13416 manats to 1 euro.

Official exchange rate of manat to euro

Mar.16

1,1019

Mar.30

1,1395

Mar.17

1,1081

Mar.31

1,1317

Mar.18

1,1118

Apr.1

1,1304

Mar.19

1,1290

Apr. 2

1,1291

Mar.20

-

Apr. 3

1,1401

Average weekly

1,1127

Average weekly

1,13416

Last week, the price for one ounce of gold increased by 4.3771 manats (0.35 percent). Accordingly, the average weighted price for gold amounted to 1250.34758 manats.

Change in the value of one ounce of gold:

Mar.16

1215,92

Mar.30

1252,37

Mar.17

1206,9066

Mar.31

1242,9968

Mar.18

1206,9066

Apr.1

1244,5695

Mar.19

1227,66

Apr. 2

1255,0545

Mar.20

-

Apr. 3

1256,7471

Average weekly

1214,3483

Average weekly

1250,34758

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.

---

Follow the author on Twitter: @AzadHasanli

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