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Weekly review of Azerbaijani currency market

Business Materials 11 April 2015 12:25 (UTC +04:00)
The official exchange rate of Azerbaijani manat to the US dollar set by the Azerbaijani Central Bank (CBA) weakened by 0.0033 manats (0.31 percent) last week
Weekly review of Azerbaijani currency market

Baku, Azerbaijan, Apr. 11

By Anvar Mammadov - Trend:

The official exchange rate of Azerbaijani manat to the US dollar set by the Azerbaijani Central Bank (CBA) weakened by 0.0033 manats (0.31 percent) last week. Accordingly, the average exchange rate was set at 1.0507 manats to 1 US dollar.

Official exchange rate of manat to US dollar:

Mar.30

1,0484

Apr.6

1,0487

Mar.31

1,0485

Apr.7

1,0496

Apr.1

1,0485

Apr.8

1,0517

Apr.2

1,0485

Apr. 9

1,0515

Apr.3

1,0486

Apr. 10

1,0520

Average weekly

1,0485

Average weekly

1,0507

During the week, the official exchange rate of manat to euro, set by the CBA strengthened by 0.0286 manats (2.48 percent).

Accordingly, the average weighted rate was set at 1.13934 manats to 1 euro.

Official exchange rate of manat to euro

Mar.30

1,1395

Apr.6

1,1521

Mar.31

1,1317

Apr.7

1,1482

Apr.1

1,1304

Apr.8

1,1399

Apr.2

1,1291

Apr. 9

1,1330

Apr.3

1,1401

Apr. 10

1,1235

Average weekly

1,13416

Average weekly

1,13934

Last week, the price for one ounce of gold increased by 0.0626 manats (0.05 percent). Accordingly, the average weighted price for gold amounted to 1262.95486 manats.

Change in the value of one ounce of gold:

Mar.30

1252,37

Apr.6

1256,8670

Mar.31

1242,9968

Apr.7

1257,9456

Apr.1

1244,5695

Apr.8

1273,6087

Apr.2

1255,0545

Apr. 9

1269,4234

Apr.3

1256,7471

Apr. 10

1256,9296

Average weekly

1250,34758

Average weekly

1262,95486

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: @Anvar_Mammadov

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