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Weekly review of Azerbaijani currency market

Business Materials 3 February 2018 13:28 (UTC +04:00)

Baku, Azerbaijan, Feb. 3

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.

Accordingly, the average rate was set at 1.7001 AZN/USD.

Official AZN/USD exchange rate

Jan. 22

1.7001

Jan. 29

1.7001

Jan. 23

1.7001

Jan. 30

1.7001

Jan. 24

1.7001

Jan. 31

1.7001

Jan.25

1.7001

Feb. 1

1.7001

Jan. 26

1.7001

Feb. 2

1.7001

Average weekly

1.7001

Average weekly

1.7001

The official exchange rate of manat against euro set by the CBA decreased by 0.0134 manats or 0.6 percent last week.

Accordingly, the average AZN/EUR rate was set at 2.11206 manats.

Official AZN/EUR exchange rate

Jan. 22

2.0780

Jan. 29

2.1104

Jan. 23

2.0842

Jan. 30

2.1029

Jan. 24

2.0948

Jan. 31

2.1116

Jan. 25

2.1143

Feb. 1

2.1116

Jan. 26

2.1119

Feb. 2

2.1238

Average weekly

2.09664

Average weekly

2.11206

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

Accordingly, the average AZN/RUB rate was set at 0.03024 manats.

Official AZN/RUB exchange rate

Jan. 22

0.0300

Jan. 29

0.0302

Jan. 23

0.0301

Jan. 30

0.0302

Jan. 24

0.0302

Jan. 31

0.0302

Jan. 25

0.0303

Feb. 1

0.0303

Jan. 26

0.0304

Feb. 2

0.0303

Average weekly

0.0302

Average weekly

0.03024

The official exchange rate of manat to Turkish lira set by the CBA decreased by 0.0019 manats or 0.4 percent last week.

Accordingly, the average AZN/TRY rate was set at 0.45146 manats.

Official AZN/TRY exchange rate

Jan. 22

0.4447

Jan. 29

0.4523

Jan. 23

0.4493

Jan. 30

0.4476

Jan. 24

0.4514

Jan. 31

0.4504

Jan. 25

0.4553

Feb. 1

0.4528

Jan. 26

0.4524

Feb. 2

0.4542

Average weekly

0.45062

Average weekly

0.45146

Last week, the price of one ounce of gold decreased by 1.428 manats or almost 0.1 percent.

Accordingly, the average price of one ounce of gold stood at 2284.21356 manats.

Change in price of one ounce of gold

Jan. 22

2269.4150

Jan. 29

2292.5763

Jan. 23

2265.5533

Jan. 30

2271.3081

Jan. 24

2266.9133

Jan. 31

2279.4856

Jan. 25

2301.4254

Feb. 1

2286.5495

Jan. 26

2303.5505

Feb. 2

2291.1483

Average weekly

2281.3715

Average weekly

2284.21356

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