Weekly review of Azerbaijani currency market

Weekly review of Azerbaijani currency market

Baku, Azerbaijan, Dec. 24

By Anvar Mammadov – Trend:

The official exchange rate of Azerbaijani manat to the US dollar set by Azerbaijan’s Central Bank (CBA) decreased by 0.0097 manats (0.55 percent) last week. Accordingly, the average rate was set at 1.75644 manats to $1.

Official exchange rate of manat to US dollar

Dec. 12

1,7430

Dec. 19

1,7525

Dec. 13

1,7430

Dec. 20

1,7525

Dec. 14

1,7475

Dec. 21

1,7575

Dec. 15

1,7475

Dec. 22

1,7575

Dec. 16

1,7525

Dec. 23

1,7622

Average weekly

1,7476

Average weekly

1,75644

The official exchange rate of manat to euro set by the CBA decreased by 0.0077 manats (0.4 percent) last week. Accordingly, the average rate was set at 1.8324 manats to 1 euro.

Official exchange rate of manat to euro

Dec. 12

1,8396

Dec. 19

1,8335

Dec. 13

1,8535

Dec. 20

1,8229

Dec. 14

1,8590

Dec. 21

1,83

Dec. 15

1,8369

Dec. 22

1,8344

Dec. 16

1,8277

Dec. 23

1,8412

Average weekly

1,84334

Average weekly

1,8324

The official exchange rate of the Azerbaijani manat to the Russian ruble set by CBA decreased by 0.0007 manats (2.5 percent) last week. Accordingly, the average rate was set at 0.02858 manats to 1 Russian ruble.

Official exchange rate of manat to Russian ruble

Dec. 12

0,0280

Dec. 19

0,0282

Dec. 13

0,0286

Dec. 20

0,0284

Dec. 14

0,0287

Dec. 21

0,0287

Dec. 15

0,0284

Dec. 22

0,0287

Dec. 16

0,0284

Dec. 23

0,0289

Average weekly

0,02842

Average weekly

0,02858

The official exchange rate of manat to Turkish lira set by the CBA decreased by 0.0026 manats (0.5 percent) last week. Accordingly, the average rate was set at 0.4993 manats to 1 Turkish lira.

Official exchange rate of manat to Turkish lira

Dec. 12

0,4967

Dec. 19

0,4997

Dec. 13

0,5014

Dec. 20

0,4959

Dec. 14

0,5007

Dec. 21

0,4982

Dec. 15

0,4944

Dec. 22

0,5004

Dec. 16

0,4983

Dec. 23

0,5023

Average weekly

0,4983

Average weekly

0,4993

Last week, the price of one ounce of gold increased by 10,536 manats (0.5 percent). Accordingly, the average price of one ounce of gold stood at 1,987.77596 manats.

Change in value in one ounce of gold

Dec. 12

2028.1548

Dec. 19

1983.129

Dec. 13

2015.0823

Dec. 20

1991.2781

Dec. 14

2024.5661

Dec. 21

1978.4178

Dec. 15

2031.0319

Dec. 22

1992.3899

Dec. 16

1974.9799

Dec. 23

1993.665

Average weekly

2014.763

Average weekly

1987.77596

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