Weekly review of Azerbaijani currency market

Weekly review of Azerbaijani currency market

Baku, Azerbaijan, Feb. 13

By Azad Hasanli - Trend:

The official exchange rate of Azerbaijani manat to the US dollar set by Azerbaijani Central Bank consolidated by 0.0074 manats (0.5 percent). Accordingly, the average rate was set at 1.57424 manats to 1 US dollar.

Official exchange rate of manat to US dollar

Feb. 1

1,5972

Feb. 8

1,5819

Feb. 2

1,594

Feb. 9

1,5787

Feb. 3

1,5894

Feb. 10

1,5702

Feb. 4

1,5858

Feb. 11

1,5659

Feb. 5

1,5853

Feb. 12

1,5745

Average weekly

1,59034

Average weekly

1,57424

During the week, the official exchange rate of manat to euro set by the CBA dropped by 0.0179 manats (1 percent). Accordingly, the average rate was set at 1.77024 manats to 1 euro.

Official exchange rate of manat to euro

Feb.1

1,7326

Feb.8

1,7610

Feb.2

1,74

Feb.9

1,7695

Feb.3

1,7348

Feb.10

1,7734

Feb.4

1,7582

Feb.11

1,7684

Feb.5

1,7749

Feb.12

1,7789

Average weekly

1,7481

Average weekly

1,77024

The official exchange rate of Azerbaijani manat to the Russian ruble set by Azerbaijani Central Bank consolidated by 0.0004 manats (2 percent). Accordingly, the average rate was set at 0.02006 manats to 1 Russian ruble.

Official exchange rate of manat to Russian ruble

Feb. 1

0,0211

Feb. 8

0,0205

Feb. 2

0,0206

Feb. 9

0,0201

Feb. 3

0,0199

Feb. 10

0,0198

Feb. 4

0,0206

Feb. 11

0,0198

Feb. 5

0,0207

Feb. 12

0,0201

Average weekly

0,02058

Average weekly

0,02006

During the week, the official exchange rate of manat to Turkish lira set by the CBA consolidated by 0.0058 manats (1.1 percent). Accordingly, the average rate was set at 0.53658 manats to 1 Turkish lira.

Official exchange rate of manat to Turkish lira

Feb. 1

0,5351

Feb. 8

0,5423

Feb. 2

0,5309

Feb. 9

0,5344

Feb. 3

0,5333

Feb. 10

0,5342

Feb. 4

0,5342

Feb. 11

0,5355

Feb. 5

0,5397

Feb. 12

0,5365

Average weekly

0,54084

Average weekly

0,53658

This week, the price on one ounce of gold increased by 134,7387 manats (7.4 percent).

Accordingly, the average price for gold reached 1878,20124 manats.

Change in the value of one ounce of gold:

Feb.1

1775,767

Feb.8

1819,7387

Feb.2

1795,641

Feb.9

1883,7838

Feb.3

1793,6379

Feb.10

1870,1082

Feb.4

1795,1256

Feb.11

1863,4210

Feb.5

1833,1617

Feb.12

1953,9545

Average weekly

1798,66664

Average weekly

1878,20124

The trading at Baku Interbank Currency Exchange (BBVB) has not been carried out since early 2015, so the exchange rate of manat is not formed.

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