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Weekly review of Azerbaijani currency market

Business Materials 4 February 2017 12:40 (UTC +04:00)
The official exchange rate of Azerbaijani manat against the US dollar set by Azerbaijan’s Central Bank (CBA) increased by 0.0054 manats, or 0.28 percent last week.
Weekly review of Azerbaijani currency market

Baku, Azerbaijan, Feb. 4

By Azad Hasanli – Trend:

The official exchange rate of Azerbaijani manat against the US dollar set by Azerbaijan’s Central Bank (CBA) increased by 0.0054 manats, or 0.28 percent last week.

Accordingly, the average rate was set at 1.91682 AZN/USD.

Official AZN/USD exchange rate

Jan. 23

1.8311

Jan. 30

1.9165

Jan. 24

1.8559

Jan. 31

1.9165

Jan. 25

1.8559

Feb. 1

1.92

Jan. 26

1.9068

Feb. 2

1.92

Jan. 27

1.9068

Feb. 3

1.9111

Average weekly

1.8713

Average weekly

1.91682

The official exchange rate of manat against euro set by the CBA increased by 0.0002 manats or 0.01 percent last week.

Accordingly, the average AZN/EUR rate was set at 2.06098 manats.

Official AZN/EUR exchange rate

Jan. 23

1.9659

Jan. 30

2.0563

Jan. 24

1.9957

Jan. 31

2.05

Jan. 25

1.9910

Feb. 1

2.0719

Jan. 26

2.0511

Feb. 2

2.0706

Jan. 27

2.0353

Feb. 3

2.0561

Average weekly

2.0078

Average weekly

2.06098

The official exchange rate of the Azerbaijani manat to the Russian ruble set by CBA decreased by 0.0002 manats or 0.6 percent last week.

Accordingly, the average AZN/RUB rate was set at 0.032 manats.

Official AZN/RUB exchange rate

Jan. 23

0.0307

Jan. 30

0.032

Jan. 24

0.0312

Jan. 31

0.032

Jan. 25

0.0314

Feb. 1

0.0319

Jan. 26

0.0321

Feb. 2

0.0319

Jan. 27

0.0316

Feb. 3

0.0322

Average weekly

0.0314

Average weekly

0.032

The official exchange rate of manat to Turkish lira set by the CBA decreased by 0.0149 manats or 3 percent last week.

Accordingly, the average AZN/TRY rate was set at 0.50618.

Official AZN/TRY exchange rate

Jan. 23

0.4871

Jan. 30

0.4961

Jan. 24

0.4939

Jan. 31

0.5067

Jan. 25

0.4903

Feb. 1

0.5078

Jan. 26

0.4977

Feb. 2

0.5093

Jan. 27

0.4928

Feb. 3

0.511

Average weekly

0.49236

Average weekly

0.50618

Last week, the price of one ounce of gold increased by 64.5 manats or 2.8 percent.

Accordingly, the average price of one ounce of gold stood at 2306.32376 manats.

Changes in price of one ounce of gold

Jan. 23

2198.3271

Jan. 30

2270.765

Jan. 24

2250.9283

Jan. 31

2286.0012

Jan. 25

2258.2591

Feb. 1

2328.576

Jan. 26

2278.6260

Feb. 2

2311.008

Jan. 27

2268.5200

Feb. 3

2335.2686

Average weekly

2250.9321

Average weekly

2306.32376

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