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Weekly review of Azerbaijani currency market

Business Materials 11 February 2017 13:31 (UTC +04:00)
The official exchange rate of Azerbaijani manat against the US dollar set by Azerbaijan’s Central Bank (CBA) increased by 0.181 manats, or 9.471 percent last week.
Weekly review of Azerbaijani currency market

Baku, Azerbaijan, Feb. 11

By Anvar Mammadov – Trend:

The official exchange rate of Azerbaijani manat against the US dollar set by Azerbaijan’s Central Bank (CBA) increased by 0.181 manats, or 9.471 percent last week.

Accordingly, the average rate was set at 1.8337 AZN/USD.

Official AZN/USD exchange rate

Jan. 30

1.9165

Feb. 6

1.9111

Jan. 31

1.9165

Feb. 7

1.8769

Feb. 1

1.92

Feb. 8

1.8252

Feb. 2

1.92

Feb. 9

1.8252

Feb. 3

1.9111

Feb. 10

1.7301

Average weekly

1.91682

Average weekly

1.8337

The official exchange rate of manat against euro set by the CBA increased by 0.2148 manats or 10.4307 percent last week.

Accordingly, the average AZN/EUR rate was set at 1.96272 manats.

Official AZN/EUR exchange rate

Jan. 30

2.0563

Feb. 6

2.0593

Jan. 31

2.05

Feb. 7

2.0102

Feb. 1

2.0719

Feb. 8

1.9489

Feb. 2

2.0706

Feb. 9

1.9507

Feb. 3

2.0561

Feb. 10

1.8445

Average weekly

2.06098

Average weekly

1.96272

The official exchange rate of the Azerbaijani manat to the Russian ruble set by CBA increased by 0.0031 manats or 9.5679 percent last week.

Accordingly, the average AZN/RUB rate was set at 0.03104 manats.

Official AZN/RUB exchange rate

Jan. 30

0.032

Feb. 6

0.0324

Jan. 31

0.032

Feb. 7

0.0319

Feb. 1

0.0319

Feb. 8

0.0307

Feb. 2

0.0319

Feb. 9

0.0309

Feb. 3

0.0322

Feb. 10

0.0293

Average weekly

0.032

Average weekly

0.03104

The official exchange rate of manat to Turkish lira set by the CBA increased by 0.0467 manats or 9.0451 percent last week.

Accordingly, the average AZN/TRY rate was set at 0.49424.

Official AZN/TRY exchange rate

Jan. 30

0.4961

Feb. 6

0.5163

Jan. 31

0.5067

Feb. 7

0.5071

Feb. 1

0.5078

Feb. 8

0.4874

Feb. 2

0.5093

Feb. 9

0.4908

Feb. 3

0.511

Feb. 10

0.4696

Average weekly

0.50618

Average weekly

0.49424

Last week, the price of one ounce of gold decreased by 182.581 manats or 7.8618 percent.

Accordingly, the average price of one ounce of gold stood at 2255.70912 manats.

Changes in price of one ounce of gold

Jan. 30

2270.765

Feb. 6

2322.3687

Jan. 31

2286.0012

Feb. 7

2302.4871

Feb. 1

2328.576

Feb. 8

2246.8212

Feb. 2

2311.008

Feb. 9

2267.0809

Feb. 3

2335.2686

Feb. 10

2139.7877

Average weekly

2306.32376

Average weekly

2255.70912

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