Weekly review of Azerbaijani currency market

Weekly review of Azerbaijani currency market

Baku, Azerbaijan, March 19

Trend:

The official exchange rate of Azerbaijani manats to the US dollar set by Azerbaijani Central Bank (CBA) increased by 0.044 manats (2.8 percent). Accordingly, the average rate was set at 1.61984 manats to 1 US dollar.

Official exchange rate of manats to US dollar

March 7

1,6105

March 14

1,6411

March 8

-

March 15

1,6322

March 9

1,6228

March 16

1,6186

March 10

1,6315

March 17

1,6102

March 11

1,6456

March 18

1,5971

Average weekly

1,6276

Average weekly

1,61984

During the week, the official exchange rate of manats to euro set by the CBA increased by 0.0254 manats (1.4 percent). Accordingly, the average rate was set at 1.81084 manats to 1 euro.

Official exchange rate of manats to euro

March 7

1,7699

March 14

1,8320

March 8

-

March 15

1,8127

March 9

1,7807

March 16

1,7966

March 10

1,7907

March 17

1,8063

March 11

1,8378

March 18

1,8066

Average weekly

1,794775

Average weekly

1,81084

The official exchange rate of Azerbaijani manats to the Russian ruble set by Azerbaijani Central Bank dropped by 0.0001 manats (0.4 percent). Accordingly, the average rate was set at 0.02328 manats to 1 Russian ruble.

Official exchange rate of manats to Russian ruble

March 7

0,0223

March 14

0,0234

March 8

-

March 15

0,0233

March 9

0,0224

March 16

0,0228

March 10

0,023

March 17

0,0234

March 11

0,0231

March 18

0,0235

Average weekly

0,0227

Average weekly

0,02328

During the week, the official exchange rate of manats to Turkish lira set by the CBA increased by 0.0106 manats (1.9 percent). Accordingly, the average rate was set at 0.56408 manats to 1 Turkish lira.

Official exchange rate of manats to Turkish lira

March 7

0,5536

March 14

0,5715

March 8

-

March 15

0,5680

March 9

0,5562

March 16

0,5583

March 10

0,5635

March 17

0,5617

March 11

0,5699

March 18

0,5609

Average weekly

0,5608

Average weekly

0,56408

This week, the price of one ounce of gold dropped by 52,854 manats (2.6 percent).
Accordingly, the average price for gold reached 2019,79418 manats.

Change in the value of one ounce of gold:

March 7

2057,4138

March 14

2075,5812

March 8

-

March 15

2028,4166

March 9

2056,0876

March 16

1994,1152

March 10

2033,5016

March 17

1978,1307

March 11

2084,1524

March 18

2022,7272

Average weekly

2057,78885

Average weekly

2019,79418

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

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