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Weekly review of Azerbaijani currency market

Business Materials 10 March 2018 17:40 (UTC +04:00)
The official exchange rate of Azerbaijani manat against the US dollar set by the Central Bank of Azerbaijan (CBA) increased by 0.001 manats (0.003 percent) last week.
Weekly review of Azerbaijani currency market

Baku, Azerbaijan, March 10

By Maksim Tsurkov – Trend:

The official exchange rate of Azerbaijani manat against the US dollar set by the Central Bank of Azerbaijan (CBA) increased by 0.001 manats (0.003 percent) last week.

Accordingly, the average rate was set at 1.70005 AZN/USD.

Official AZN/USD exchange rate

Feb. 26

1.7001

March 5

1.7001

Feb. 27

1.7001

March 6

1.7001

Feb. 28

1.7001

March 7

1.7

March 1

1.7001

March 8

March 2

1.7001

March 9

1.7

Average weekly

1.7001

Average weekly

1.70005

The official exchange rate of manat against euro set by the CBA decreased by 0.0141 manats or 0.68 percent last week.

Accordingly, the average AZN/EUR rate was set at 2.0995 manats.

Official AZN/EUR exchange rate

Feb. 26

2.0932

March 5

2.0948

Feb. 27

2.0954

March 6

2.0992

Feb. 28

2.0781

March 7

2.1106

March 1

2.073

March 8

March 2

2.0873

March 9

2.0933

Average weekly

2.0854

Average weekly

2.0995

The official exchange rate of manat to Russian ruble set by the CBA increased by 0.00033 manats (1.09 percent) last week.

Accordingly, the average AZN/RUB rate was set at 0.02993 manats.

Official AZN/RUB exchange rate

Feb. 26

0.0304

March 5

0.0299

Feb. 27

0.0306

March 6

0.0301

Feb. 28

0.0302

March 7

0.0299

March 1

0.0302

March 8

March 2

0.0299

March 9

0.0298

Average weekly

0.03026

Average weekly

0.02993

The official exchange rate of manat to Turkish lira set by the CBA increased by 0.0015 manats (0.34 percent) last week.

Accordingly, the average AZN/TRY rate was set at 0.4461 manats.

Official AZN/TRY exchange rate

Feb. 26

0.4491

March 5

0.446

Feb. 27

0.4493

March 6

0.4466

Feb. 28

0.4463

March 7

0.4474

March 1

0.4472

March 8

March 2

0.4461

March 9

0.4443

Average weekly

0.4476

Average weekly

0.4461

Last week, the price of one ounce of gold decreased by 0.55 manats or 0.02 percent.

Accordingly, the average price of one ounce of gold stood at 2252.98913 manats.

Change in price of one ounce of gold

Feb. 26

2272.8807

March 5

2255.4972

Feb. 27

2267.0834

March 6

2249.9633

Feb. 28

2253.9076

March 7

2265.7005

March 1

2234.943

March 8

March 2

2238.8702

March 9

2240.7955

Average weekly

2253.53698

Average weekly

2252.98913

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