Weekly review of Azerbaijani currency market

Weekly review of Azerbaijani currency market

Baku, Azerbaijan, Dec. 17

By Anvar Mammadov – Trend:

The official exchange rate of Azerbaijani manat to the US dollar set by Azerbaijan’s Central Bank (CBA) decreased by 0.0095 manats (0.545 percent) last week. Accordingly, the average rate was set at 1.7476 manats to $1.

Official exchange rate of manat to US dollar

Dec. 5

1.7339

Dec. 12

1.7430

Dec. 6

1.7339

Dec. 13

1.7430

Dec. 7

1.7369

Dec. 14

1.7475

Dec. 8

1.7369

Dec. 15

1.7475

Dec. 9

1.7430

Dec. 16

1.7525

Average weekly

1.73692

Average weekly

1.7476

The official exchange rate of manat to euro set by the CBA increased by 0.0119 manats (0.6469 percent) last week. Accordingly, the average rate was set at 1.84334 manats to 1 euro.

Official exchange rate of manat to euro

Dec. 5

1.8297

Dec. 12

1.8396

Dec. 6

1.8651

Dec. 13

1.8535

Dec. 7

1.8625

Dec. 14

1.8590

Dec. 8

1.8716

Dec. 15

1.8369

Dec. 9

1.8487

Dec. 16

1.8277

Average weekly

1.85552

Average weekly

1.84334

The official exchange rate of the Azerbaijani manat to the Russian ruble set by CBA decreased by 0.0004 manats (1.4286 percent) last week. Accordingly, the average rate was set at 0.02842 manats to 1 Russian ruble.

Official exchange rate of manat to Russian ruble

Dec. 5

0.0270

Dec. 12

0.0280

Dec. 6

0.0271

Dec. 13

0.0286

Dec. 7

0.0272

Dec. 14

0.0287

Dec. 8

0.0274

Dec. 15

0.0284

Dec. 9

0.0275

Dec. 16

0.0284

Average weekly

0.02724

Average weekly

0.02842

The official exchange rate of manat to Turkish lira set by the CBA decreased by 0.0016 manats (0.3221 percent) last week. Accordingly, the average rate was set at 0.4983 manats to 1 Turkish lira.

Official exchange rate of manat to Turkish lira

Dec. 5

0.4904

Dec. 12

0.4967

Dec. 6

0.4923

Dec. 13

0.5014

Dec. 7

0.5035

Dec. 14

0.5007

Dec. 8

0.5134

Dec. 15

0.4944

Dec. 9

0.5050

Dec. 16

0.4983

Average weekly

0.50092

Average weekly

0.4983

Last week, the price of one ounce of gold decreased by 53,1749 manats (2.6218 percent). Accordingly, the average price of one ounce of gold stood at 2014.763 manats.

Change in value in one ounce of gold

Dec. 5

2034.7317

Dec. 12

2028.1548

Dec. 6

2015.1386

Dec. 13

2015.0823

Dec. 7

2036.5153

Dec. 14

2024.5661

Dec. 8

2045.4603

Dec. 15

2031.0319

Dec. 9

2041.1402

Dec. 16

1974.9799

Average weekly

2034.5972

Average weekly

2014.763

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