Weekly review of Azerbaijani currency market

Weekly review of Azerbaijani currency market

Baku, Azerbaijan, Nov. 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 0.0105 manats (0.6 percent) last week. Accordingly, the average rate was set at 1.7134 manats to $1.

Official exchange rate of manat to US dollar

Nov. 14

1,6954

Nov. 21

1,7091

Nov. 15

1,6954

Nov. 22

1,7091

Nov. 16

1,7039

Nov. 23

1,7146

Nov. 17

1,7039

Nov. 24

1,7146

Nov. 18

1,7091

Nov. 25

1,7196

Average weekly

1,70154

Average weekly

1,7134

The official exchange rate of manat to euro set by the CBA increased by 0.0068 manats (0.4 percent) last week. Accordingly, the average rate was set at 1.81 manats to 1 euro.

Official exchange rate of manat to euro

Nov. 14

1,8307

Nov. 21

1,8108

Nov. 15

1,822

Nov. 22

1,8166

Nov. 16

1,8302

Nov. 23

1,822

Nov. 17

1,8225

Nov. 24

1,8077

Nov. 18

1,8128

Nov. 25

1,8176

Average weekly

1,82364

Average weekly

1,81494

The official exchange rate of the Azerbaijani manat to the Russian ruble set by CBA decreased by 0.0001 manats (0.4 percent) last week. Accordingly, the average rate was set at 0.0267 manats to 1 Russian ruble.

Official exchange rate of manat to Russian ruble

Nov. 14

0,0259

Nov. 21

0,0265

Nov. 15

0,0257

Nov. 22

0,0268

Nov. 16

0,0266

Nov. 23

0,0269

Nov. 17

0,0264

Nov. 24

0,0267

Nov. 18

0,0263

Nov. 25

0,0266

Average weekly

0,02618

Average weekly

0,0267

The official exchange rate of manat to Turkish lira set by the CBA increased by 0.0089 manats (almost 2 percent) last week. Accordingly, the average rate was set at 0.5045 manats to 1 Turkish lira.

Official exchange rate of manat to Turkish lira

Nov. 14

0,5203

Nov. 21

0,5059

Nov. 15

0,5162

Nov. 22

0,5095

Nov. 16

0,518

Nov. 23

0,5065

Nov. 17

0,5131

Nov. 24

0,5036

Nov. 18

0,5055

Nov. 25

0,497

Average weekly

0,51462

Average weekly

0,5045

Last week, the price of one ounce of gold decreased by 30,1025 manats (1.5 percent). Accordingly, the average price of one ounce of gold reached 2059,10748 manats.

Change in value of one ounce of gold

Nov.14

2096,2773

Nov.21

2069,7201

Nov.15

2075,746

Nov.22

2075,2747

Nov.16

2090,6001

Nov.23

2078,5239

Nov.17

2094,4339

Nov.24

2032,4011

Nov.18

2096,6384

Nov.25

2039,6176

Average weekly

2090,73914

Average weekly

2059,10748

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