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Weekly review of Azerbaijani currency market

Business Materials 18 April 2015 14:29 (UTC +04:00)
The official exchange rate of Azerbaijani manat to the US dollar set by the Azerbaijani Central Bank depreciated by 0.0033 manats (0.31 percent) last week.
Weekly review of Azerbaijani currency market

Baku, Azerbaijan, Apr.18

By Maksim Tsurkov - Trend:

The official exchange rate of Azerbaijani manat to the US dollar set by the Azerbaijani Central Bank depreciated by 0.0033 manats (0.31 percent) last week. Accordingly, the average weighted rate was set at 1.0515 manats to 1 US dollar.

Official exchange rate of manat to US dollar:

Apr.6

1.0487

Apr.13

1.0537

Apr.7

1.0496

Apr.14

1.0514

Apr.8

1.0517

Apr.15

1.0511

Apr.9

1.0515

Apr.16

1.0507

Apr.10

1.0520

Apr.17

1.0504

Average weekly

1.0507

Average weekly

1.0515

During the week, the official exchange rate of manat to euro, set by the CBA grew by 0.0147 manats (1.32 percent). Accordingly, the average weighted rate was set at 1.1197 manats to 1 euro.

Official exchange rate of manat to euro:

Apr.6

1.1521

Apr.13

1.1161

Apr.7

1.1482

Apr.14

1.1106

Apr.8

1.1399

Apr.15

1.1167

Apr.9

1.1330

Apr.16

1.1244

Apr.10

1.1235

Apr.17

1.1308

Average weekly

1.13934

Average weekly

1.1197

Last week, the price for one ounce of gold dropped by 4.0908 manats (0.32 percent). Accordingly, the average weighted price for gold amounted to 1260.7789 manats.

Change in the value of one ounce of gold:

Apr.6

1256.8670

Apr.13

1269.14

Apr.7

1257.9456

Apr.14

1260.5235

Apr.8

1273.6087

Apr.15

1255.8017

Apr.9

1269.4234

Apr.16

1253.38

Apr.10

1256.9296

Apr.17

1265.0492

Average weekly

1262.95486

Average weekly

1260.7789

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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