Weekly review of Azerbaijani currency market

Weekly review of Azerbaijani currency market

Baku, Azerbaijan, August 27

By Azad Hasanli – Trend:

The official exchange rate of Azerbaijani manat to the US dollar set by Azerbaijan’s Central Bank (CBA) decreased by 0.0076 manats (0.5 percent) last week. Accordingly, the average rate was set at 1.62356 manats to $1.

Official exchange rate of manat to US dollar

Aug.15

1,6102

Aug.22

1,6204

Aug.16

1,6124

Aug.23

1,6204

Aug.17

1,6164

Aug.24

1,6245

Aug.18

1,6164

Aug.25

1,6245

Aug.19

1,6204

Aug.26

1,628

Average weekly

1,61516

Average weekly

1,62356

During the week, the official exchange rate of manat to euro set by the CBA decreased by 0.0093 manats (0.5 percent). Accordingly, the average rate was set at 1.83362 manats to 1 euro.

Official exchange rate of manat to euro

Aug.15

1,7967

Aug.22

1,8281

Aug.16

1,8057

Aug.23

1,8369

Aug.17

1,8212

Aug.24

1,8349

Aug.18

1,8272

Aug.25

1,8308

Aug.19

1,8370

Aug.26

1,8374

Average weekly

1,81756

Average weekly

1,83362

The official exchange rate of Azerbaijani manat to the Russian ruble set by Azerbaijani Central Bank increased by 0.0001 manats (0.4 percent). Accordingly, the average rate was set at 0.02508 manats to 1 Russian ruble.

Official exchange rate of manat to Russian ruble

Aug.15

0,0249

Aug.22

0,0252

Aug.16

0,0251

Aug.23

0,025

Aug.17

0,0253

Aug.24

0,0252

Aug.18

0,0253

Aug.25

0,0249

Aug.19

0,0254

Aug.26

0,0251

Average weekly

0,0252

Average weekly

0,02508

During the week, the official exchange rate of manat to Turkish lira set by the CBA decreased by 0.0032 manats (0.6 percent). Accordingly, the average rate was set at 0.55166 manats to 1 Turkish lira.

Official exchange rate of manat to Turkish lira

Aug.15

0,5439

Aug.22

0,5512

Aug.16

0,5482

Aug.23

0,5518

Aug.17

0,5508

Aug.24

0,5496

Aug.18

0,5536

Aug.25

0,5513

Aug.19

0,5518

Aug.26

0,5544

Average weekly

0,54966

Average weekly

0,55166

This week, the price of one ounce of gold has decreased by 30.63 manats (1.4 percent). Accordingly, the average price for gold reached 2166,7344 manats.

Change in value of one ounce of gold

Aug.15

2177,3124

Aug.22

2181,7066

Aug.16

2159,6486

Aug.23

2164,6924

Aug.17

2172,4416

Aug.24

2180,079

Aug.18

2171,3909

Aug.25

2156,1176

Aug.19

2187,621

Aug.26

2151,0764

Average weekly

2173,6829

Average weekly

2166,7344

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