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Weekly review of Azerbaijani currency market

Business Materials 9 May 2015 13:10 (UTC +04:00)
The official exchange rate of Azerbaijani manat to the US dollar set by the Azerbaijani Central Bank, reduced by 0.0001 manats (0.01 percent) last week.
Weekly review of Azerbaijani currency market

Baku, Azerbaijan, May 9

By Anvar Mammadov - Trend:

The official exchange rate of Azerbaijani manat to the US dollar set by the Azerbaijani Central Bank, reduced by 0.0001 manats (0.01 percent) last week. Accordingly, the average weighted rate was set at 1.04812 manats to 1 US dollar.

Official exchange rate of manat to US dollar:

April 27

1,0499

May 4

1,0483

April 28

1,0498

May 5

1,0485

April 29

1,0494

May 6

1,0481

April 30

1,0487

May 7

1,0475

May 1

1,0482

May 8

1,0482

Average weekly

1,0492

Average weekly

1,04812

During the week, the official exchange rate of manat to euro, set by the CBA consolidated by 0.0012 manats (0.102 percent). Accordingly, the average weighted rate was set at 1.17592 manats to 1 euro.

Official exchange rate of manat to euro:

April 27

1,1396

May 4

1,173

April 28

1,1419

May 5

1,1676

April 29

1,1510

May 6

1,1767

April 30

1,1644

May 7

1,1881

May 1

1,1749

May 8

1,1742

Average weekly

1,15436

Average weekly

1,17592

Last week, the price on one ounce of gold increased by 11.465 manats (0.93 percent). Accordingly, the average weighted price on gold amounted to 1243.0996 manats.

Change in the value of one ounce of gold:

April 27

1242,0317

May 4

1232,7484

April 28

1259,7600

May 5

1232,9836

April 29

1268,7246

May 6

1254,5757

April 30

1267,8783

May 7

1250,9769

May 1

1237,1381

May 8

1244,2134

Average weekly

1255,10654

Average weekly

1243,0996

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.

follow the author on Twitter: @Anvar_Mammadov

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