Weekly review of Azerbaijani currency market

Weekly review of Azerbaijani currency market

Baku, Azerbaijan, Dec. 10

By Azad Hasanli – Trend:

The official exchange rate of Azerbaijani manat to the US dollar set by Azerbaijan’s Central Bank (CBA) decreased by 0.0091 manats (0.525 percent) last week. Accordingly, the average rate was set at 1.73692 manats to $1.

Official exchange rate of manat to US dollar

Nov. 28

1.7196

Dec. 5

1.7339

Nov. 29

1.7246

Dec. 6

1.7339

Nov. 30

1.7318

Dec. 7

1.7369

Dec. 1

1.7318

Dec. 8

1.7369

Dec. 2

1.7339

Dec. 9

1.7430

Average weekly

1.72834

Average weekly

1.73692

The official exchange rate of manat to euro set by the CBA decreased by 0.019 manats (1.038 percent) last week. Accordingly, the average rate was set at 1.85552 manats to 1 euro.

Official exchange rate of manat to euro

Nov. 28

1.8331

Dec. 5

1.8297

Nov. 29

1.8278

Dec. 6

1.8651

Nov. 30

1.8417

Dec. 7

1.8625

Dec. 1

1.8360

Dec. 8

1.8716

Dec. 2

1.8516

Dec. 9

1.8487

Average weekly

1.83804

Average weekly

1.85552

The official exchange rate of the Azerbaijani manat to the Russian ruble set by CBA decreased by 0.0005 manats (1.852 percent) last week. Accordingly, the average rate was set at 0.02724 manats to 1 Russian ruble.

Official exchange rate of manat to Russian ruble

Nov. 28

0.0266

Dec. 5

0.0270

Nov. 29

0.0266

Dec. 6

0.0271

Nov. 30

0.0266

Dec. 7

0.0272

Dec. 1

0.0270

Dec. 8

0.0274

Dec. 2

0.0272

Dec. 9

0.0275

Average weekly

0.0268

Average weekly

0.02724

The official exchange rate of manat to Turkish lira set by the CBA decreased by 0.0146 manats (2.98 percent) last week. Accordingly, the average rate was set at 0.50092 manats to 1 Turkish lira.

Official exchange rate of manat to Turkish lira

Nov. 28

0.5022

Dec. 5

0.4904

Nov. 29

0.5046

Dec. 6

0.4923

Nov. 30

0.5077

Dec. 7

0.5035

Dec. 1

0.5038

Dec. 8

0.5134

Dec. 2

0.4957

Dec. 9

0.5050

Average weekly

0.5028

Average weekly

0.50092

Last week, the price of one ounce of gold increased by 6.4085 manats (0.315 percent). Accordingly, the average price of one ounce of gold reached 2034.5972 manats.

Change in value of one ounce of gold

Nov. 28

2042.3689

Dec. 5

2034.7317

Nov. 29

2047.1002

Dec. 6

2015.1386

Nov. 30

2054.8673

Dec. 7

2036.5153

Dec. 1

2040.2336

Dec. 8

2045.4603

Dec. 2

2014.5317

Dec. 9

2041.1402

Average weekly

2039.82034

Average weekly

2034.5972

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