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Weekly review of Azerbaijani currency market

Business Materials 11 July 2015 12:13 (UTC +04:00)
The official exchange rate of Azerbaijani manat to the US dollar set by the Azerbaijani Central Bank, consolidated by 0.0003 manats (0.03 percent) last week. Accordingly, the average rate was set at 1.04894 manats to 1 US dollar.
Weekly review of Azerbaijani currency market

Baku, Azerbaijan, July 11

By Azad Hasanli - Trend:

The official exchange rate of Azerbaijani manat to the US dollar set by the Azerbaijani Central Bank, consolidated by 0.0003 manats (0.03 percent) last week. Accordingly, the average rate was set at 1.04894 manats to 1 US dollar.

Official exchange rate of manat to US dollar:

June 29

1,0491

July 6

1,0490

June 30

1,0483

July 7

1,0490

July 1

1,0485

July 8

1,0492

July 2

1,0489

July 9

1,0488

July 3

1,0488

July 10

1,0487

Average weekly

1,04872

Average weekly

1,04894

During the week, the official exchange rate of manat to euro, set by the CBA decreased by 0.0066 manats (0.57 percent). Accordingly, the average rate was set at 1.15898 manats to 1 euro.

Official exchange rate of manat to euro:

June 29

1,1558

July 6

1,1577

June 30

1,1733

July 7

1,1575

July 1

1,1679

July 8

1,1539

July 2

1,1612

July 9

1,1615

July 3

1,1635

July 10

1,1643

Average weekly

1,16434

Average weekly

1,15898

Last week, the price on one ounce of gold decreased by 4.2306 manats (0.35 percent). Accordingly, the average price on gold amounted to 1219.48698 manats.

Change in the value of one ounce of gold:

June 29

1227,9716

July 6

1225,1796

June 30

1232,8008

July 7

1223,1340

July 1

1227,7935

July 8

1213,1375

July 2

1225,1152

July 9

1215,0348

July 3

1222,1142

July 10

1220,9490

Average weekly

1227,15906

Average weekly

1219,48698

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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Follow the author on Twitter: @AzadHasanli

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