Weekly review of Azerbaijani currency market

Weekly review of Azerbaijani currency market

Baku, Azerbaijan, Nov. 25

By Azad Hasanli – Trend:

The official exchange rate of Azerbaijani manat against the US dollar set by the Central Bank of Azerbaijan (CBA) increased by 0.0001 manats (almost 0.01 percent) last week.

Accordingly, the average rate was set at 1.70018 AZN/USD.

Official AZN/USD exchange rate

Nov. 13

1.7002

Nov. 20

1.7002

Nov. 14

1.7002

Nov. 21

1.7002

Nov. 15

1.7002

Nov. 22

1.7002

Nov. 16

1.7002

Nov. 23

1.7002

Nov. 17

1.7002

Nov. 24

1.7001

Average weekly

1.7002

Average weekly

1.70018

The official exchange rate of manat against euro set by the CBA decreased by 0.0211 manats or 1.06 percent last week.

Accordingly, the average AZN/EUR rate was set at 2.00276 manats.

Official AZN/EUR exchange rate

Nov. 13

1.9812

Nov. 20

1.9941

Nov. 14

1.9846

Nov. 21

1.9959

Nov. 15

2.0051

Nov. 22

1.9963

Nov. 16

2.0022

Nov. 23

2.0123

Nov. 17

2.0070

Nov. 24

2.0152

Average weekly

1.99602

Average weekly

2.00276

The official exchange rate of manat to Russian ruble set by the CBA decreased by 0.0004 manats (1.4 percent) last week.

Accordingly, the average AZN/RUB rate was set at 0.02886 manats.

Official AZN/RUB exchange rate

Nov. 13

0.0287

Nov. 20

0.0287

Nov. 14

0.0286

Nov. 21

0.0287

Nov. 15

0.0281

Nov. 22

0.0287

Nov. 16

0.0282

Nov. 23

0.0291

Nov. 17

0.0285

Nov. 24

0.0291

Average weekly

0.02842

Average weekly

0.02886

The official exchange rate of manat to Turkish lira set by the CBA decreased by 0.0068 manats or 1.57 percent last week.

Accordingly, the average AZN/TRY rate was set at 0.43328 manats.

Official AZN/TRY exchange rate

Nov. 13

0.4404

Nov. 20

0.4395

Nov. 14

0.4393

Nov. 21

0.4327

Nov. 15

0.4374

Nov. 22

0.4286

Nov. 16

0.4378

Nov. 23

0.4329

Nov. 17

0.4410

Nov. 24

0.4327

Average weekly

0.43918

Average weekly

0.43328

Last week, the price of one ounce of gold increased by 12.6393 manats or by 0.6 percent.

Accordingly, the average price of one ounce of gold stood at 2185.25822 manats.

Change in price of one ounce of gold

Nov. 13

2169.7612

Nov. 20

2183.6519

Nov. 14

2172.7706

Nov. 21

2176.4855

Nov. 15

2167.0749

Nov. 22

2177.0466

Nov. 16

2170.2118

Nov. 23

2192.8159

Nov. 17

2176.2560

Nov. 24

2196.2912

Average weekly

2171.2149

Average weekly

2185.25822

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