Weekly review of Azerbaijani currency market

Weekly review of Azerbaijani currency market

Baku, Azerbaijan, Sept. 10

By Anvar Mammadov – Trend:

The official exchange rate of Azerbaijani manat to the US dollar set by Azerbaijan’s Central Bank (CBA) decreased by 0.0041 manats (0.2506 percent) last week. Accordingly, the average rate was set at 1.63866 manats to $1.

Official exchange rate of manat to US dollar

Aug. 29

1,628

Sept. 5

1,6362

Aug. 30

1,628

Sept. 6

1,6362

Aug. 31

1,6321

Sept. 7

1,6403

Sept. 1

1,6321

Sept. 8

1,6403

Sept. 2

1,6362

Sept. 9

1,6403

Average weekly

1,63128

Average weekly

1,63866

During the week, the official exchange rate of manat to euro set by the CBA decreased by 0.0217 manats (1.187 percent). Accordingly, the average rate was set at 1.83858 manats to 1 euro.

Official exchange rate of manat to euro

Aug. 29

1,8238

Sept. 5

1,8281

Aug. 30

1,8188

Sept. 6

1,8239

Aug. 31

1,8209

Sept. 7

1,8457

Sept. 1

1,8204

Sept. 8

1,8454

Sept. 2

1,8327

Sept. 9

1,8498

Average weekly

1,82332

Average weekly

1,83858

The official exchange rate of Azerbaijani manat to the Russian ruble set by Azerbaijani Central Bank decreased by 0.0005 manats (1.992 percent). Accordingly, the average rate was set at 0.0254 manats to 1 Russian ruble.

Official exchange rate of manat to Russian ruble

Aug. 29

0,0251

Sept. 5

0,0251

Aug. 30

0,0252

Sept. 6

0,0252

Aug. 31

0,025

Sept. 7

0,0255

Sept. 1

0,025

Sept. 8

0,0256

Sept. 2

0,0248

Sept. 9

0,0256

Average weekly

0,02502

Average weekly

0,0254

During the week, the official exchange rate of manat to Turkish lira set by the CBA increased by 0.001 manats (0.01801 percent). Accordingly, the average rate was set at 0.55696 manats to 1 Turkish lira.

Official exchange rate of manat to Turkish lira

Aug. 29

0,5515

Sept. 5

0,5552

Aug. 30

0,5507

Sept. 6

0,5552

Aug. 31

0,5514

Sept. 7

0,5613

Sept. 1

0,5517

Sept. 8

0,5589

Sept. 2

0,5518

Sept. 9

0,5542

Average weekly

0,55142

Average weekly

0,55696

This week, the price of one ounce of gold has increased by 36.1049 manats (1.6658 percent). Accordingly, the average price for gold reached 2189.28334 manats.

Change in value of one ounce of gold

Aug. 29

2146,925

Sept. 5

2167,4741

Aug. 30

2146,925

Sept. 6

2170,1739

Aug. 31

2151,3526

Sept. 7

2193,4912

Sept. 1

2136,8269

Sept. 8

2211,6985

Sept. 2

2142,6039

Sept. 9

2203,579

Average weekly

2144,92668

Average weekly

2189,28334

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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