Weekly review of Azerbaijani currency market

Weekly review of Azerbaijani currency market

Baku, Azerbaijan, March 17

By Anvar Mammadov – Trend:

The official exchange rate of Azerbaijani manat against the US dollar set by the Central Bank of Azerbaijan (CBA) kept unchanged last week.

Accordingly, the average rate was set at 1.7 AZN/USD.

Official AZN/USD exchange rate

March 5

1.7001

March 12

1.7

March 6

1.7001

March 13

1.7

March 7

1.7

March 14

1.7

March 8

-

March 15

1.7

March 9

1.7

March 16

1.7

Average weekly

1.70005

Average weekly

1.7

The official exchange rate of manat against euro set by the CBA increased by 0.0025 manats or 0.1193 percent last week.

Accordingly, the average AZN/EUR rate was set at 2.09956 manats.

Official AZN/EUR exchange rate

March 5

2,0948

March 12

2,0953

March 6

2,0992

March 13

2,0957

March 7

2,1106

March 14

2,1093

March 8

-

March 15

2,1047

March 9

2,0933

March 16

2,0928

Average weekly

2,0995

Average weekly

2,09956

The official exchange rate of manat to Russian ruble set by the CBA increased by 0.0003 manats (1.0033 percent) last week.

Accordingly, the average AZN/RUB rate was set at 0.0298 manats.

Official AZN/RUB exchange rate

March 5

0.0299

March 12

0.0299

March 6

0.0301

March 13

0.0299

March 7

0.0299

March 14

0.0298

March 8

-

March 15

0.0298

March 9

0.0298

March 16

0.0296

Average weekly

0.02993

Average weekly

0.0298

The official exchange rate of manat to Turkish lira set by the CBA increased by 0.0103 manats (2.3079 percent) last week.

Accordingly, the average AZN/TRY rate was set at 0.44036 manats.

Official AZN/TRY exchange rate

March 5

0.446

March 12

0.4463

March 6

0.4466

March 13

0.4421

March 7

0.4474

March 14

0.4394

March 8

-

March 15

0.4380

March 9

0.4443

March 16

0.4360

Average weekly

0.4476

Average weekly

0.44036

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