Weekly review of Azerbaijani currency market

Weekly review of Azerbaijani currency market

Baku, Azerbaijan, Sept. 24

By Anvar Mammadov – Trend:

The official exchange rate of Azerbaijani manat to the US dollar set by Azerbaijan’s Central Bank (CBA) increased by 0.0078 manats (0.4765 percent) last week. Accordingly, the average rate was set at 1.638 manats to $1.

Official exchange rate of manat to US dollar

Sept. 12

-

Sept. 19

1.637

Sept. 13

-

Sept. 20

1.637

Sept. 14

1.639

Sept. 21

1.6331

Sept. 15

1.6375

Sept. 22

1.6331

Sept. 16

1.6375

Sept. 23

1.6292

Average weekly

1.638

Average weekly

1.63388

During the week, the official exchange rate of manat to euro set by the CBA increased by 0.004 manats (0.2188 percent). Accordingly, the average rate was set at 1.82562 manats to 1 euro.

Official exchange rate of manat to euro

Sept. 12

-

Sept. 19

1.8281

Sept. 13

-

Sept. 20

1.8291

Sept. 14

1.8398

Sept. 21

1.8176

Sept. 15

1.8409

Sept. 22

1.8292

Sept. 16

1.8406

Sept. 23

1.8241

Average weekly

1.84043

Average weekly

1.82562

The official exchange rate of Azerbaijani manat to the Russian ruble set by Azerbaijani Central Bank decreased by 0.0003 manats (1.1905 percent). Accordingly, the average rate was set at 0.02534 manats to 1 Russian ruble.

Official exchange rate of manat to Russian ruble

Sept. 12

-

Sept. 19

0.0252

Sept. 13

-

Sept. 20

0.0252

Sept. 14

0.0252

Sept. 21

0.0252

Sept. 15

0.0251

Sept. 22

0.0256

Sept. 16

0.0253

Sept. 23

0.0255

Average weekly

0.0252

Average weekly

0.02534

During the week, the official exchange rate of manat to Turkish lira set by the CBA decreased by 0.0032 manats (0.5819 percent). Accordingly, the average rate was set at 0.55048 manats to 1 Turkish lira.

Official exchange rate of manat to Turkish lira

Sept. 12

-

Sept. 19

0.5499

Sept. 13

-

Sept. 20

0.5499

Sept. 14

0.5496

Sept. 21

0.5470

Sept. 15

0.549

Sept. 22

0.5525

Sept. 16

0.5516

Sept. 23

0.5531

Average weekly

0.5501

Average weekly

0.55048

Last week, the price of one ounce of gold has increased by 39.8927 manats (1.8626 percent). Accordingly, the average price for gold reached 2157.41218 manats.

Change in value of one ounce of gold

Sept. 12

-

Sept. 19

2141,7690

Sept. 13

-

Sept. 20

2152.4095

Sept. 14

2169.4624

Sept. 21

2145.5668

Sept. 15

2164.3656

Sept. 22

2165.6539

Sept. 16

2146.435

Sept. 23

2181.6617

Average weekly

2160.1

Average weekly

2157.41218

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

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