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Weekly review of Azerbaijani currency market

Business Materials 12 November 2017 12:09 (UTC +04:00)
The official exchange rate of Azerbaijani manat against the US dollar set by the Central Bank of Azerbaijan (CBA) remained unchanged last week.
Weekly review of Azerbaijani currency market

Baku, Azerbaijan, Nov. 12

By Azad Hasanli – Trend:

The official exchange rate of Azerbaijani manat against the US dollar set by the Central Bank of Azerbaijan (CBA) remained unchanged last week.

So, the average rate was 1.7003 AZN/USD.

As November 9 (State Flag Day) was a non-working day in the country, the exchange rate of the national currency against world currencies was not set on that day.

Official AZN/USD exchange rate

Oct. 30

1.7002

Nov. 6

1.7003

Oct. 31

1.7002

Nov. 7

1.7003

Nov. 1

1.7003

Nov. 8

1.7003

Nov. 2

1.7003

Nov. 9

-

Nov. 3

1.7003

Nov. 10

1.7003

Average weekly

1.70026

Average weekly

1.7003

The official exchange rate of manat against euro set by the CBA decreased by 0.0059 manats or 0.3 percent last week.

Accordingly, the average AZN/EUR rate was set at 1.9748 manats.

Official AZN/EUR exchange rate

Oct. 30

1.9751

Nov. 6

1.9739

Oct. 31

1.9767

Nov. 7

1.9734

Nov. 1

1.9776

Nov. 8

1.9721

Nov. 2

1.9821

Nov. 9

-

Nov. 3

1.9829

Nov. 10

1.9798

Average weekly

1.97888

Average weekly

1.9748

The official exchange rate of manat to Russian ruble set by the CBA increased by 0.0001 manats (0.3 percent) last week.

Accordingly, the average AZN/RUB rate was set at 0.02885 manats.

Official AZN/RUB exchange rate

Oct. 30

0.0293

Nov. 6

0.0288

Oct. 31

0.0293

Nov. 7

0.0292

Nov. 1

0.0292

Nov. 8

0.0287

Nov. 2

0.0292

Nov. 9

-

Nov. 3

0.0292

Nov. 10

0.0287

Average weekly

0.02924

Average weekly

0.02885

The official exchange rate of manat to Turkish lira set by the CBA decreased by 0.0012 manats or 0.3 percent last week.

Accordingly, the average AZN/TRY rate was set at 0.4399 manats.

Official AZN/TRY exchange rate

Oct. 30

0.4502

Nov. 6

0.4385

Oct. 31

0.4497

Nov. 7

0.4434

Nov. 1

0.4483

Nov. 8

0.438

Nov. 2

0.4472

Nov. 9

-

Nov. 3

0.4467

Nov. 10

0.4397

Average weekly

0.44842

Average weekly

0.4399

Last week, the price of one ounce of gold increased by 29.9252 manats or by 1.4 percent.

Accordingly, the average price of one ounce of gold stood at 2167.2449 manats.

Change in price of one ounce of gold

Oct. 30

2153.2183

Nov. 6

2154.6202

Oct. 31

2162.,6544

Nov. 7

2160.9113

Nov. 1

2159.6360

Nov. 8

2168.9027

Nov. 2

2171.3681

Nov. 9

-

Nov. 3

2175.0238

Nov. 10

2184.5454

Average weekly

2164.38012

Average weekly

2167.2449

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