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Weekly review of Azerbaijani currency market

Business Materials 15 August 2015 10:29 (UTC +04:00)
The official exchange rate of Azerbaijani manat to the US dollar set by the Azerbaijani Central Bank, consolidated by 0.0009 manat (0.09 percent) last week. Accordingly, the average rate was set at 1.04892 manat to 1 US dollar.
Weekly review of Azerbaijani currency market

Baku, Azerbaijan, Aug. 15

By Azad Hasanli - Trend:

The official exchange rate of Azerbaijani manat to the US dollar set by the Azerbaijani Central Bank, consolidated by 0.0009 manat (0.09 percent) last week. Accordingly, the average rate was set at 1.04892 manat to 1 US dollar.

Official exchange rate of manat to US dollar:

Aug. 3

1,0493

Aug. 10

1,0494

Aug. 4

1,0495

Aug. 11

1,0493

Aug. 5

1,0499

Aug. 12

1,0489

Aug. 6

1,0497

Aug. 13

1,0485

Aug. 7

1,0497

Aug. 14

1,0485

Average weekly

1,04962

Average weekly

1,04892

During the week, the official exchange rate of manat to euro, set by the CBA decreased by 0.0185 manat (1.6 percent). Accordingly, the average rate was set at 1.16016 manat to 1 euro.

Official exchange rate of manat to euro:

Aug. 3

1,1524

Aug. 10

1,1508

Aug. 4

1,1482

Aug. 11

1,1522

Aug. 5

1,1405

Aug. 12

1,1601

Aug. 6

1,1452

Aug. 13

1,1684

Aug. 7

1,1453

Aug. 14

1,1693

Average weekly

1,14632

Average weekly

1,16016

Last week, the price on one ounce of gold increased by 23.3935 manat (2 percent).

Accordingly, the average price on gold amounted to 1161.04566 manat.

Change in the value of one ounce of gold:

Aug. 3

1152,5511

Aug. 10

1147,5189

Aug. 4

1145,9491

Aug. 11

1151,0821

Aug. 5

1145,0734

Aug. 12

1162,4434

Aug. 6

1139,0295

Aug. 13

1173,2715

Aug. 7

1143,9106

Aug. 14

1170,9124

Average weekly

1145,30274

Average weekly

1161,04566

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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