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Weekly review of Azerbaijani currency market

Business Materials 2 May 2015 17:34 (UTC +04:00)
The official exchange rate of Azerbaijani manat to the US dollar set by the Azerbaijani Central Bank consolidated by 0.0017 manats (0.16 percent) last week
Weekly review of Azerbaijani currency market

Baku, Azerbaijan, May 2

Trend:

The official exchange rate of Azerbaijani manat to the US dollar set by the Azerbaijani Central Bank consolidated by 0.0017 manats (0.16 percent) last week. Accordingly, the average weighted rate was set at 1.0492 manats to 1 US dollar.

Official exchange rate of manat to US dollar:

April 20

1,0502

April 27

1,0499

April 21

1,0506

April 28

1,0498

April 22

1,0506

April 29

1,0494

April 23

1,0506

April 30

1,0487

April 24

1,0502

May 1

1,0482

Average weekly

1,05044

Average weekly

1,0492

During the week, the official exchange rate of manat to euro, set by the CBA cheapened by 0.0353 manats (3.1 percent). Accordingly, the average weighted rate was set at 1.15436 manats to 1 euro.

Official exchange rate of manat to euro:

April 20

1,1333

April 27

1,1396

April 21

1,1269

April 28

1,1419

April 22

1,1267

April 29

1,1510

April 23

1,1252

April 30

1,1644

April 24

1,1332

May 1

1,1749

Average weekly

1,2906

Average weekly

1,15436

Last week, the price on one ounce of gold dropped by 5.1636 manats (0.39 percent). Accordingly, the average weighted price on gold amounted to 1255.10654 manats.

Change in the value of one ounce of gold:

April 20

1263,7582

April 27

1242,0317

April 21

1257,0429

April 28

1259,7600

April 22

1255,7822

April 29

1268,7246

April 23

1249,4261

April 30

1267,8783

April 24

1245,2747

May 1

1237,1381

Average weekly

1254,25682

Average weekly

1255,10654

The 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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