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Weekly review of Azerbaijani currency market

Business Materials 16 December 2017 11:55 (UTC +04:00)
The official exchange rate of Azerbaijani manat against the US dollar set by the Central Bank of Azerbaijan (CBA) decreased by 0.0001 manats (0.0059 percent) last week
Weekly review of Azerbaijani currency market

Baku, Azerbaijan, Dec. 16

By Anvar Mammadov – Trend:

The official exchange rate of Azerbaijani manat against the US dollar set by the Central Bank of Azerbaijan (CBA) decreased by 0.0001 manats (0.0059 percent) last week.

Accordingly, the average rate was set at 1.70006 AZN/USD.

Official AZN/USD exchange rate

Dec. 4

1.7001

Dec. 11

1.7000

Dec. 5

1.7001

Dec. 12

1.7000

Dec. 6

1.7000

Dec. 13

1.7001

Dec. 7

1.7000

Dec. 14

1.7001

Dec. 8

1.7000

Dec. 15

1.7001

Average weekly

1.70004

Average weekly

1.70006

The official exchange rate of manat against euro set by the CBA decreased by 0.0008 manats or 0.04 percent last week.

Accordingly, the average AZN/EUR rate was set at 2.00334 manats.

Official AZN/EUR exchange rate

Dec. 4

2.0181

Dec. 11

2.0024

Dec. 5

2.018

Dec. 12

2.0012

Dec. 6

2.0126

Dec. 13

1.9983

Dec. 7

2.0057

Dec. 14

2.0116

Dec. 8

1.9995

Dec. 15

2.0032

Average weekly

2.01078

Average weekly

2.00334

The official exchange rate of manat to Russian ruble set by the CBA decreased by 0.0002 manats (0.6969 percent) last week.

Accordingly, the average AZN/RUB rate was set at 0.02882 manats.

Official AZN/RUB exchange rate

Dec. 4

0.0289

Dec. 11

0.0287

Dec. 5

0.029

Dec. 12

0.0288

Dec. 6

0.0289

Dec. 13

0.0287

Dec. 7

0.0287

Dec. 14

0.0290

Dec. 8

0.0287

Dec. 15

0.0289

Average weekly

0.02884

Average weekly

0.02882

The official exchange rate of manat to Turkish lira set by the CBA increased by 0.0057 manats or 1.2849 percent last week.

Accordingly, the average AZN/TRY rate was set at 0.44254 manats.

Official AZN/TRY exchange rate

Dec. 4

0.4327

Dec. 11

0.4436

Dec. 5

0.4383

Dec. 12

0.4429

Dec. 6

0.4425

Dec. 13

0.4424

Dec. 7

0.4412

Dec. 14

0.4459

Dec. 8

0.4397

Dec. 15

0.4379

Average weekly

0.43888

Average weekly

0.44254

Last week, the price of one ounce of gold increased by 9.9005 manats or by 0.4664 percent.

Accordingly, the average price of one ounce of gold stood at 2124.88134 manats.

Change in price of one ounce of gold

Dec. 4

2166.9305

Dec. 11

2122.9260

Dec. 5

2166.7009

Dec. 12

2115.7350

Dec. 6

2153.8235

Dec. 13

2114.4144

Dec. 7

2147.644

Dec. 14

2138.5048

Dec. 8

2122.4755

Dec. 15

2132.8265

Average weekly

2151.51488

Average weekly

2124.88134

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