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Manat rate in Azerbaijani banks for May 2 (list)

Business Materials 2 May 2016 17:07 (UTC +04:00)

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Baku, Azerbaijan, May 2

By Anvar Mammadov - Trend:

Official exchange rate of the US dollar and euro to Azerbaijani manat was set at 1.5072 manats and 1.7283 manats respectively on May 2.

According to the currency exchange rate corridor set by the Central Bank of Azerbaijan, currency exchange offices can't buy US dollars from population at a rate less than 1.447 manats per dollar or sell the US dollars at a rate exceeding 1.5674 manats per dollar.

The exchange rate of the banks won't be able to buy euros from the population at a rate less than 1.6592 manats per euro, and sell them at a rate more than 1.7974 manats per euro.

Below is the exchange rate of Azerbaijani manat against the US dollar and euro in the country's banks on May 2:

US dollar

Euro

Banks

Buy

Sell

Buy

Sell

Xalq Bank

1,495

1,515

1,67

1,79

AtaBank

1,504

-

1,71

1,745

International Bank of Azerbaijan

1,462

1,5494

1,6678

1,7801

AccessBank

1,477

1,522

1,694

1,788

Demirbank

1,49

1,52

1,6815

1,7515

Bank Melli Iran

1,49

1,53

1,68

1,76

Azer-Turk Bank

1,49

1,549

1,676

1,779

Bank of Baku

1,498

1,515

1,66

1,797

Bank Respublika

-

1,53

-

1,797

Kapital Bank

1,485

1,555

1,689

1,785

Bank Standard

1,47

1,556

1,673

1,766

AG Bank

1,483

1,535

1,694

1,73

MuganBank

1,47

1,545

1,6591

1,7974

Nikoil Bank

1,5

1,525

1,68

1,76

National Bank of Pakistan

1,47

1,54

-

-

Rabitabank

1,49

1,54

1,6937

1,7801

Turanbank

1,5

1,52

1,715

1,75

Unibank

1,49

1,518

1,6851

1,7715

YapiKredi

1,45

1,5644

1,6527

1,7939

Zamin Bank

1,47

1,53

1,67

1,75

Parabank

1,48

1,52

1,71

1,75

Amrahbank

1,485

1,525

1,695

1,7575

ExpressBank

1,49

1,515

1,66

1,732

Dekabank

1,48

1,54

1,65

1,78

Azerbaijan Industry Bank

1,49

1,52

1,66

1,79

NBC Bank

1,485

1,54

1,67

1,77

Gunay Bank

1,48

1,52

-

-

Bank Avrasiya

1,46

1,53

1,65

1,72

PASHA Bank

1,477

1,538

1687

1778

NaxcivanBank

1,49

1,5275

1,6837

1,77086

AFB Bank

1,48

1,52

1,693

1,763

VTB Bank (Azerbaijan)

1,47

1,509

1,676

1,746

KredoBank

-

1,53

-

1,73

Bank Silk Way

1,48

1,51

1,7

1,735

BTB Bank

1,49

1,515

1,6729

1,7877

Caspian Development Bank

1,485

1,53

1,665

1,79

ZiraatBank

1,453

1,533

1,6847

1,7629

Thus, the most profitable dollar sale rate has been observed in AtaBank - 1.5015 AZN / USD, while the dollar purchase rate - in VTB Bank (Azerbaijan) - 1.509 AZN / USD.

The most profitable euro purchase rate has been observed in Bank Avrasiya - 1.72 AZN / EUR, while the euro sale rate - Turanbank - 1.715 AZN / EUR as of May 2.

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Follow the author on Twitter: @Anvar_Mammadov

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