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Weekly review of Azerbaijani currency market

Business Materials 10 February 2018 14:38 (UTC +04:00)

Baku, Azerbaijan, Feb. 10

By Anvar Mammadov – 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. 29

1.7001

Feb. 5

1.7001

Jan. 30

1.7001

Feb. 6

1.7001

Jan. 31

1.7001

Feb. 7

1.7001

Feb. 1

1.7001

Feb. 8

1.7001

Feb. 2

1.7001

Feb. 9

1.7001

Average weekly

1.7001

Average weekly

1.7001

The official exchange rate of manat against euro set by the CBA increased by 0.0347 manats or 1.6383 percent last week.

Accordingly, the average AZN/EUR rate was set at 2.09846 manats.

Official AZN/EUR exchange rate

Jan. 29

2.1104

Feb. 5

2.1180

Jan. 30

2.1029

Feb. 6

2.1007

Jan. 31

2.1116

Feb. 7

2.1062

Feb. 1

2.1116

Feb. 8

2.0841

Feb. 2

2.1238

Feb. 9

2.0833

Average weekly

2.11206

Average weekly

2.09846

The official exchange rate of manat to Russian ruble set by the CBA increased by 0.0009 manats (2.99 percent) last week.

Accordingly, the average AZN/RUB rate was set at 0.02964 manats.

Official AZN/RUB exchange rate

Jan. 29

0.0302

Feb. 5

0.0301

Jan. 30

0.0302

Feb. 6

0.0295

Jan. 31

0.0302

Feb. 7

0.0299

Feb. 1

0.0303

Feb. 8

0.0295

Feb. 2

0.0303

Feb. 9

0.0292

Average weekly

0.03024

Average weekly

0.02964

The official exchange rate of manat to Turkish lira set by the CBA increased by 0.0054 manats or 1.1984 percent last week.

Accordingly, the average AZN/TRY rate was set at 0.44842 manats.

Official AZN/TRY exchange rate

Jan. 29

0.4523

Feb. 5

0.4506

Jan. 30

0.4476

Feb. 6

0.4481

Jan. 31

0.4504

Feb. 7

0.4507

Feb. 1

0.4528

Feb. 8

0.4475

Feb. 2

0.4542

Feb. 9

0.4452

Average weekly

0.45146

Average weekly

0.44842

Last week, the price of one ounce of gold decreased by 21.5402 manats or 0.9523 percent.

Accordingly, the average price of one ounce of gold stood at 2254.79674 manats.

Change in price of one ounce of gold

Jan. 29

2292.5763

Feb. 5

2261.8385

Jan. 30

2271.3081

Feb. 6

2282.4268

Jan. 31

2279.4856

Feb. 7

2260.3425

Feb. 1

2286.5495

Feb. 8

2229.0776

Feb. 2

2291.1483

Feb. 9

2240.2983

Average weekly

2284.21356

Average weekly

2254.79674

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