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Weekly review of Azerbaijani currency market

Business Materials 22 October 2016 13:04 (UTC +04:00)

Baku, Azerbaijan, Oct. 22

By Anvar Mammadov – Trend:

The official exchange rate of Azerbaijani manat to the US dollar set by Azerbaijan’s Central Bank (CBA) decreased by 0.0122 manats (0.764 percent) last week. Accordingly, the average rate was set at 1.60118 manats to $1.

Official exchange rate of manat to US dollar

Oct. 10

1,6006

Oct. 17

1,5969

Oct. 11

1,6006

Oct. 18

1,5969

Oct. 12

1,5986

Oct. 19

1,6000

Oct. 13

1,5986

Oct. 20

1,6030

Oct. 14

1,5970

Oct. 21

1,6091

Average weekly

1,59908

Average weekly

1,60118

During the week, the official exchange rate of manat to euro set by the CBA remained unchanged. Accordingly, the average rate was set at 1.75634 manats to 1 euro.

Official exchange rate of manat to euro

Oct. 10

1,7914

Oct. 17

1,7543

Oct. 11

1,7822

Oct. 18

1,7592

Oct. 12

1,7663

Oct. 19

1,7566

Oct. 13

1,7609

Oct. 20

1,7573

Oct. 14

1,7613

Oct. 21

1,7543

Average weekly

1,77242

Average weekly

1,75634

The official exchange rate of the Azerbaijani manat to the Russian ruble set by Azerbaijani Central Bank decreased by 0.005 manats (1.9763 percent). Accordingly, the average rate was set at 0.02556 manats to 1 Russian ruble.

Official exchange rate of manat to Russian ruble

Oct. 10

0,0257

Oct. 17

0,0253

Oct. 11

0,0258

Oct. 18

0,0254

Oct. 12

0,0256

Oct. 19

0,0255

Oct. 13

0,0253

Oct. 20

0,0258

Oct. 14

0,0253

Oct. 21

0,0258

Average weekly

0,02554

Average weekly

0,02556

During the week, the official exchange rate of manat to Turkish lira set by the CBA decreased by 0.009 manats (1.7449 percent). Accordingly, the average rate was set at 0.51946 manats to 1 Turkish lira.

Official exchange rate of manat to Turkish lira

Oct. 10

0,5252

Oct. 17

0,5158

Oct. 11

0,5205

Oct. 18

0,5163

Oct. 12

0,5189

Oct. 19

0,5171

Oct. 13

0,5174

Oct. 20

0,5233

Oct. 14

0,5171

Oct. 21

0,5248

Average weekly

0,51982

Average weekly

0,51946

Last week, the price of one ounce of gold increased by 47.2924 manats (2.3659 percent). Accordingly, the average price of one ounce of gold reached 2020.02418 manats.

Change in value of one ounce of gold

Oct. 10

2014,7553

Oct. 17

1998,9196

Oct. 11

2015,9557

Oct. 18

2003,7901

Oct. 12

2003,7652

Oct. 19

2016,9120

Oct. 13

2008,6409

Oct. 20

2034,2872

Oct. 14

2013,8969

Oct. 21

2046,2120

Average weekly

2013,8969

Average weekly

2020,02418

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