Weekly review of Azerbaijani currency market

Weekly review of Azerbaijani currency market

Baku, Azerbaijan, June 27

By Azad Hasanli - Trend:

The official exchange rate of Azerbaijani manat to the US dollar set by the Azerbaijani Central Bank, decreased by 0.0009 manats (0.086 percent) last week. Accordingly, the average rate was set at 1.047925 manats to 1 US dollar.

Official exchange rate of manat to US dollar:

June 15

-

June 22

1,0473

June 16

1,0478

June 23

1,0479

June 17

1,0479

June 24

1,0483

June 18

1,0474

June 25

1,0482

June 19

1,0474

June 26

-

Average weekly

1,047625

Average weekly

1,047925

During the week, the official exchange rate of manat to euro, set by the CBA hit 0.0166 manats (1.39 percent). Accordingly, the average rate was set at 1.180175 manats to 1 euro.

Official exchange rate of manat to euro:

June15

-

June 22

1,1921

June16

1,1818

June 23

1,1804

June17

1,1801

June 24

1,1727

June18

1,1900

June 25

1,1755

June19

1,1911

June 26

-

Average weekly

1,18575

Average weekly

1,180175

Last week, the price on one ounce of gold increased by 29.996 manats (2.38 percent). Accordingly, the average price on gold amounted to 1241,95713 manats.

Change in the value of one ounce of gold:

June 15

-

June 22

1260,3208

June 16

1237,8709

June 23

1242,2855

June 17

1237,23

June 24

1234,8974

June 18

1243,52

June 25

1230,3248

June 19

1258,8177

June 26

-

Average weekly

1244,35965

Average weekly

1241,95713

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: @AzadHasanli

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