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Manat rate in Azerbaijani banks for May 3 (list)

Business Materials 3 May 2016 16:49 (UTC +04:00)
Official exchange rate of the US dollar and euro to Azerbaijani manat was set at 1.5066 manats and 1.7377 manats respectively on May 3.
Manat rate in Azerbaijani banks for May 3 (list)

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Baku, Azerbaijan, May 3

By Anvar Mammadov - Trend:

Official exchange rate of the US dollar and euro to Azerbaijani manat was set at 1.5066 manats and 1.7377 manats respectively on May 3.

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 1.4464 manats per dollar or sell the US dollars at a rate exceeding 1.5668 manats per dollar.

The exchange rate of the banks won't be able to buy euros from the population at a rate less than 1.6682 manats per euro, and sell them at a rate more than 1.8072 manats per euro.

Below is the exchange rate of Azerbaijani manat against those currencies on May 3, according to the Central Bank.

US dollar

Euro

Banks

Buy

Sell

Buy

Sell

Xalq Bank

1,495

1,515

1,67

1,79

AtaBank

1,495

1,52

1,72

1,755

International Bank of Azerbaijan

1,4614

1,5488

1,6769

1,7898

AccessBank

1,476

1,522

1,703

1,798

Demirbank

1,49

1,52

1,7015

1,7715

Bank Melli Iran

1,49

1,53

1,69

1,77

Azer-Turk Bank

1,49

1,549

1,685

1,789

Bank of Baku

1,492

1,51

1,669

1,807

Bank Respublika

-

1,53

-

1,807

Kapital Bank

1,5

1,5545

1,6985

1,7945

Bank Standard

1,47

1,556

1,673

1,766

AG Bank

1,483

1,535

1,703

1,785

MuganBank

1,47

1,545

1,6682

1,8072

Nikoil Bank

1,49

1,515

1,67

1,755

National Bank of Pakistan

1,47

1,54

-

-

Rabitabank

1,49

1,54

1,7029

1,7898

Turanbank

1,45

1,51

1,68

1,76

Unibank

1,49

1,518

1,6943

1,7811

YapiKredi

1,45

1,5632

1,6724

1,803

Zamin Bank

1,47

1,53

1,68

1,76

Parabank

1,48

1,52

1,72

1,75

Amrahbank

1,485

1,525

1,7

1,7675

ExpressBank

1,49

1,515

1,669

1,741

Dekabank

1,48

1,525

1,7

1,8

Azerbaijan Industry Bank

1,49

1,52

1,67

1,8

NBC Bank

1,48

1,52

1,67

1,74

Gunay Bank

1,48

1,515

1,69

1,76

Bank Avrasiya

1,46

1,53

1,65

1,76

PASHA Bank

1,477

1,538

1,695

1,788

NaxcivanBank

1,49

1,5275

1,6837

1,77086

AFB Bank

1,48

1,52

1,702

1,7725

VTB Bank (Azerbaijan)

1,47

1,509

1,686

1,755

KredoBank

-

1,53

-

1,75

Bank Silk Way

1,48

1,507

1,715

1,745

BTB Bank

1,49

1,513

1,68

1,7928

Caspian Development Bank

1,485

1,53

1,67

1,8

ZiraatBank

1,453

1,533

1,6941

1,7725

Thus, the most profitable dollar sale rate has been observed in Kapital Bank - 1.5 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 NBC Bank - 1.74 AZN / EUR, while the euro sale rate - Parabank and AtaBank - 1.72 AZN / EUR as of May 3.

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Follow the author on Twitter: @Anvar_Mammadov

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