Weekly review of Azerbaijani currency market

Weekly review of Azerbaijani currency market

Baku, Azerbaijan, Nov. 19

By Azad Hasanli – Trend:

The official exchange rate of Azerbaijani manat to the US dollar set by Azerbaijan’s Central Bank (CBA) decreased by 0.0137 manats (0.8 percent) last week. Accordingly, the average rate was set at 1.70154 manats to $1.

Official exchange rate of manat to US dollar

Nov. 7

1.6596

Nov. 14

1.6954

Nov. 8

1.6686

Nov. 15

1.6954

Nov. 9

-

Nov. 16

1.7039

Nov. 10

1.6782

Nov. 17

1.7039

Nov. 11

1.6869

Nov. 18

1.7091

Average weekly

1.673325

Average weekly

1.70154

The official exchange rate of manat to euro set by the CBA increased by 0.0179 manats (almost 1 percent) last week. Accordingly, the average rate was set at 1.82364 manats to 1 euro.

Official exchange rate of manat to euro

Nov. 7

1.8377

Nov. 14

1.8307

Nov. 8

1.8424

Nov. 15

1.822

Nov. 9

-

Nov. 16

1.8302

Nov. 10

1.8336

Nov. 17

1.8225

Nov. 11

1.8397

Nov. 18

1.8128

Average weekly

1.83835

Average weekly

1.82364

The official exchange rate of the Azerbaijani manat to the Russian ruble set by CBA decreased by 0.0004 manats (1.5 percent) last week. Accordingly, the average rate was set at 0.02618 manats to 1 Russian ruble.

Official exchange rate of manat to Russian ruble

Nov. 7

0.0258

Nov. 14

0.0259

Nov. 8

0.0262

Nov. 15

0.0257

Nov. 9

-

Nov. 16

0.0266

Nov. 10

0.0264

Nov. 17

0.0264

Nov. 11

0.0260

Nov. 18

0.0263

Average weekly

0.0261

Average weekly

0.02618

The official exchange rate of manat to Turkish lira set by the CBA increased by 0.0148 manats (almost 3 percent) last week. Accordingly, the average rate was set at 0.51462 manats to 1 Turkish lira.

Official exchange rate of manat to Turkish lira

Nov. 7

0.5255

Nov. 14

0.5203

Nov. 8

0.5258

Nov. 15

0.5162

Nov. 9

-

Nov. 16

0.518

Nov. 10

0.5215

Nov. 17

0.5131

Nov. 11

0.5188

Nov. 18

0.5055

Average weekly

0.5229

Average weekly

0.51462

Last week, the price of one ounce of gold increased by 0.3611 manats (0.02 percent). Accordingly, the average price of one ounce of gold reached 2090.73914 manats.

Change in value of one ounce of gold

Nov. 7

2162.1269

Nov. 14

2096.2773

Nov. 8

2140.8972

Nov. 15

2075.746

Nov. 9

-

Nov. 16

2090.6001

Nov. 10

2150.4455

Nov. 17

2094.4339

Nov. 11

2138.1458

Nov. 18

2096.6384

Average weekly

2147.90385

Average weekly

2090.73914

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