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Weekly review of Azerbaijani currency market

Business Materials 7 January 2017 14:38 (UTC +04:00)
The official exchange rate of Azerbaijani manat to the US dollar set by Azerbaijan’s Central Bank (CBA) decreased by 0.0035 manats (0.1977 percent) last week
Weekly review of Azerbaijani currency market

Baku, Azerbaijan, Jan. 7

By Anvar Mammadov – Trend:

The official exchange rate of Azerbaijani manat to the US dollar set by Azerbaijan’s Central Bank (CBA) decreased by 0.0035 manats (0.1977 percent) last week. Accordingly, the average rate was set at 1.77245 manats to $1.

The exchange rate of Azerbaijani manat to foreign currencies was not set Jan. 2-4 due to the holidays.

Official exchange rate of manat to US dollar

Dec. 26

1.7622

Jan. 2

-

Dec. 27

1.7622

Jan. 3

-

Dec. 28

1.7662

Jan. 4

-

Dec. 29

1.7662

Jan. 5

1.7707

Dec. 30

1.7707

Jan. 6

1.7742

Average weekly

1.7655

Average weekly

1.77245

The official exchange rate of manat to euro set by the CBA decreased by 0.0135 manats (0.7243 percent) last week. Accordingly, the average rate was set at 1.87055 manats to 1 euro.

Official exchange rate of manat to euro

Dec. 26

1.8438

Jan. 2

-

Dec. 27

1.8400

Jan. 3

-

Dec. 28

1.8488

Jan. 4

-

Dec. 29

1.8467

Jan. 5

1.8638

Dec. 30

1.8644

Jan. 6

1.8773

Average weekly

1.84874

Average weekly

1.87055

The official exchange rate of the Azerbaijani manat to the Russian ruble set by CBA decreased by 0.0006 manats (2.0478 percent) last week. Accordingly, the average rate was set at 0.0296 manats to 1 Russian ruble.

Official exchange rate of manat to Russian ruble

Dec. 26

0.0289

Jan. 2

-

Dec. 27

0.0289

Jan. 3

-

Dec. 28

0.0291

Jan. 4

-

Dec. 29

0.0292

Jan. 5

0.0293

Dec. 30

0.0293

Jan. 6

0.0299

Average weekly

0.02908

Average weekly

0.0296

The official exchange rate of manat to Turkish lira set by the CBA increased by 0.005 manats (1.0066 percent) last week. Accordingly, the average rate was set at 0.4942 manats to 1 Turkish lira.

Official exchange rate of manat to Turkish lira

Dec. 26

0.5014

Jan. 2

-

Dec. 27

0.5013

Jan. 3

-

Dec. 28

0.5012

Jan. 4

-

Dec. 29

0.4993

Jan. 5

0.4967

Dec. 30

0.5023

Jan. 6

0.4917

Average weekly

0.5011

Average weekly

0.4942

Last week, the price of one ounce of gold increased by 26.1636 manats (1.2691 percent). Accordingly, the average price of one ounce of gold stood at 2,074.6193 manats.

Change in value in one ounce of gold

Dec. 26

1,993.0482

Jan. 2

-

Dec. 27

1,993.0482

Jan. 3

-

Dec. 28

1,997.5722

Jan. 4

-

Dec. 29

2,003.9305

Jan. 5

2,061.5375

Dec. 30

2,029.0451

Jan. 6

2,087.7011

Average weekly

2,003.32884

Average weekly

2,074.6193

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