Weekly review of Azerbaijani currency market

Weekly review of Azerbaijani currency market

Baku, Azerbaijan, March 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

Feb. 19

1.7001

Feb. 26

1.7001

Feb. 20

1.7001

Feb. 27

1.7001

Feb. 21

1.7001

Feb. 28

1.7001

Feb. 22

1.7001

March 1

1.7001

Feb. 23

1.7001

March 2

1.7001

Average weekly

1.7001

Average weekly

1.7001

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

Accordingly, the average AZN/EUR rate was set at 2.0854 manats.

Official AZN/EUR exchange rate

Feb. 19

2.1108

Feb. 26

2.0932

Feb. 20

2.106

Feb. 27

2.0954

Feb. 21

2.0949

Feb. 28

2.0781

Feb. 22

2.0865

March 1

2.073

Feb. 23

2.0914

March 2

2.0873

Average weekly

2.09792

Average weekly

2.0854

The official exchange rate of manat to Russian ruble set by the CBA increased by 0.0005 manats (1.65 percent) last week.

Accordingly, the average AZN/RUB rate was set at 0.03026 manats.

Official AZN/RUB exchange rate

Feb. 19

0.0301

Feb. 26

0.0304

Feb. 20

0.0301

Feb. 27

0.0306

Feb. 21

0.03

Feb. 28

0.0302

Feb. 22

0.03

March 1

0.0302

Feb. 23

0.0301

March 2

0.0299

Average weekly

0.03006

Average weekly

0.03026

The official exchange rate of manat to Turkish lira set by the CBA increased by 0.003 manats (0.7 percent) last week.

Accordingly, the average AZN/TRY rate was set at 0.4476 manats.

Official AZN/TRY exchange rate

Feb. 19

0.4536

Feb. 26

0.4491

Feb. 20

0.4519

Feb. 27

0.4493

Feb. 21

0.4466

Feb. 28

0.4463

Feb. 22

0.4475

March 1

0.4472

Feb. 23

0.4488

March 2

0.4461

Average weekly

0.44968

Average weekly

0.4476

Last week, the price of one ounce of gold decreased by 34.0105 manats or 1.5 percent.

Accordingly, the average price of one ounce of gold stood at 2253.53698 manats.

Change in price of one ounce of gold

Feb. 19

2291.4543

Feb. 26

2272.8807

Feb. 20

2280.3696

Feb. 27

2267.0834

Feb. 21

2254.8766

Feb. 28

2253.9076

Feb. 22

2250.2694

March 1

2234.943

Feb. 23

2256.4407

March 2

2238.8702

Average weekly

2266.68212

Average weekly

2253.53698

Turkmen products sold to various countries on exchange
Turkmen products sold to various countries on exchange
Kyrgyzstan adds 244 new COVID-19 cases
Kyrgyzstan adds 244 new COVID-19 cases
Kyrgyzstan imposes restrictive measures at airports
Kyrgyzstan imposes restrictive measures at airports
Loading Bars
Latest
Interest rate unlikely to decrease in Azerbaijan – Unicapital company
New CEO of Azercell Telecom LLC appointed in Azerbaijan
Azerbaijan's Azeronline eyes to expand coverage to remote areas
Azerbaijan discloses volume of exported oil bitumen
Armenia delaying process of restoring communications - Azerbaijani MP
Azerbaijani people won't forget Armenian crimes, but country looking into future - MP
Azerbaijan, Turkic Council reach preliminary agreement on digital co-op (PHOTO)
Azerbaijan Insurers Association talks about current state of COVID-19 products
Housing prices down in secondary market of Azerbaijan’s Baku
Atrocities committed by Armenians have no analogues – journalist (VIDEO)
Azerbaijan’s Bank VTB ends 1Q2021 with net profit
Water and electricity facilities to be put into operation in Iran
Cars re-export sees significant decline in Georgia
Romania has good prospects for reboot of economic co-op with Azerbaijan
Azerbaijan announces 1Q2021 foreign trade turnover figures
Azerbaijani Bank BTB's total liabilities decrease in 1Q2021
Iranian parliament suspends holding plenary session
Azerbaijan shows footage from Ismayilbayli village of Aghdam district (PHOTO/VIDEO)
Visit of Israeli journalists to Azerbaijan’s Aghdam district ends (PHOTO)
Azerbaijan's 1Q2021 petrochemicals production value down
Iran's Energy Exchange announces products to be on sale on April 20
Nobel Oil Services further strengthens its Board of Directors
Lending to industry, manufacturing sector decreases in Azerbaijan
Georgia's car export to Azerbaijan down
Turkmenistan offers business opportunities for Swiss private sector in number of areas
Georgian TBC Bank sees increase in volume of non-performing loans
Shah Deniz to account for major part of 2021 gas output growth in Azerbaijan
Aggregate assets of Azerbaijan's Bank VTB down
Record mortgage taking in Israel in Q1
Israel Hayom newspaper reporter saddened by destroyed mosque in Azerbaijan's Aghdam
Iran's Parliament expects to finalize removal of zeros from national currency
Turkey's furniture, wood exports to Azerbaijan increase
Iran intends to increase exports – Deputy Minister
Iran’s Bahar Azadi gold coin price continues to fall
Iran provides permit to private companies to import COVID-19 vaccine
Kazakhstan's Tethys Petroleum completes private placement with Pope Investments II LLC
Кazakh national telecommunications operator opens tender to buy spares
WB offers Kazakhstan to switch sewage treatment system to market financing
SES connectivity solutions provider to develop satellite-enabled services in Kazakhstan
Belarusian Belavia Airlines extends suspension of flights to Turkmenistan
Gold mining enterprise's construction kicks off in Kazakh Zhambyl region
Azerbaijan gives update on number of vaccinated citizens
Azerbaijan confirms 995 more COVID-19 cases, 1,136 recoveries
Presentation of new equipment in Iran’s electricity sector to be held
‘Lift embargo on vaccine raw material exports’: SII’s Poonawalla requests US President Biden
Indian economy better placed to meet second Covid wave with vaccination drive: CEA
10 Democrats Ask Biden To Back India's Waiver Bid At WTO
‘Utilise entire national capacity for vaccine production’: PM Modi reviews Covid situation
FM: Hopeful of getting rest of vaccine doses from India as scheduled
Iran continues preferential trade talks with five countries
Facebook signs renewable energy deal in India
Iran’s natural gas consumption rises
Fiscal package may be on cards to maintain India's economic recovery amid Covid resurgence
JCPOA negotiations reach progress, Iran's MFA spokesman says
Pakistani FM to visit Iran
Kazakhstan increases some ores output
Iran welcomes dialogue with Saudi Arabia - MFA
Azerbaijani payment system expands fintech services for SME industry
Georgia increases oil import from Azerbaijan
Iran's FM stresses need to finalize preferential tariff agreement with Indonesia
Austria will only use Sputnik V vaccine after EMA approval
Iran's renewable power plants ready to attract foreign investments
Kazakhstan's trade turnover with Uzbekistan surges
Volume of trade turnover in Turkmenistan’s private sector increased
Georgia decreases gas import from Azerbaijan
Foreign trade turnover between Georgia and Azerbaijan declines
Russia detects 192 cases of UK coronavirus strain, 21 cases of South African strain
Azerbaijan discloses fixed capital receipts from foreign investments
Coca-Cola revenue rises past estimates on easing pandemic curbs
Kazakhstan boosts revenues from air cargo transportation
Azerbaijan's State Customs Committee eyes to use eTIR procedure on all transport routes
TRACECA Permanent Representative talks cargo traffic growth on Azerbaijani section
Azerbaijan sees decrease in unemployment
Sunflower imports down in Georgia
Azerbaijan reveals data on cargo shipment from Baku port
Azerbaijan discloses volume of receipts in fixed assets for Q1 2021
Kazakhstan boosts imports from Turkmenistan y-o-y
Turkmenbashi Oil Refineries extends tender for purchase of gasoline
Italian companies ready to make investments in Iran
Japanese NEXI, Azerbaijan's Economy Ministry sign co-op memorandum
Iran's top nuclear negotiator talks revival of JCPOA, following JCPOA talks
Iran waiting for Vienna talks outcome to get its gas, electricity debts from Iraq
Azerbaijan to purchase tractors from Belarus
Azerbaijan creates working group to prepare "Smart City" and "Smart Village" concept
Turkmenistan Airlines change concept of cargo transportation
Iran reveals COVID-19 data for April 19
Uzbekistan's chemical imports from Turkey grows
Iran's renewable energy power plants increasing production
Azerbaijan appoints new ambassadors to several countries
Turkmenistan's Balkan region opens tender for construction of new village
Georgia sees increase in electricity imports from Azerbaijan
Azerbaijani president signs order to recall ambassador to Spain and Andorra
Britain’s M&S to boost online capacity with second warehouse
Azerbaijan appoints new ambassador to Spain
Iranian banks should stick to interest rates set by Central Bank - CBI governor
Exports from Iran's Gilan Province rise
Iran announces new rules for cryptocurrency mining
Technip Energies completes overhaul of SOCAR’s petrochemical complex
Iran's NISOC discloses amount of saved funds
IMF unveils outlook for ratio of Azerbaijan's state budget deficit to GDP
All news