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Weekly review of Azerbaijani currency market

Business Materials 15 September 2018 11:28
Official exchange rate of the Azerbaijani manat against the US dollar, set by the Central Bank of Azerbaijan (CBA), remained unchanged last week.
Weekly review of Azerbaijani currency market

Baku, Azerbaijan, Sept. 15

By Ilkin Shafiyev - Trend:

Official exchange rate of the Azerbaijani manat against the US dollar, set by the Central Bank of Azerbaijan (CBA), remained unchanged last week.

Accordingly, at the end of the week, the average rate was 1.7 AZN/USD.

Official AZN/USD exchange rate

September 3

1.7

September 10

1.7

September 4

1.7

September 11

1.7

September 5

1.7

September 12

1.7

September 6

1.7

September 13

1.7

September 7

1.7

September 14

1.7

Average weekly

1.7

Average weekly

1.7

At the end of last week, the official exchange rate of manat against euro, set by the CBA, decreased by 0.0253 manats or 1.29 percent.

Accordingly, the average AZN/EUR rate was 1.97392 manats.

Official AZN/EUR exchange rate

September 3

1.9729

September 10

1.963

September 4

1.9727

September 11

1.9722

September 5

1.9712

September 12

1.9699

September 6

1.9778

September 13

1.9762

September 7

1.9770

September 14

1.9883

Average weekly

1.97432

Average weekly

1.97392

The official exchange rate of manat to Russian ruble, set by the CBA, decreased by 0.0005 manats or 2.06 percent.

Accordingly, the average AZN/RUB rate was 0.02448 manats.

Official AZN/RUB exchange rate

September 3

0.0251

September 10

0.0243

September 4

0.0250

September 11

0.0241

September 5

0.0250

September 12

0.0245

September 6

0.0249

September 13

0.0247

September 7

0.0245

September 14

0.0248

Average weekly

0.0249

Average weekly

0.02448

The official exchange rate of manat to Turkish lira, set by the CBA, decreased by 0.0124 manats or 4.68 percent.

Accordingly, the average AZN/TRY rate was 0.26734 manats.

Official AZN/TRY exchange rate

September 3

0.2590

September 10

0.2649

September 4

0.2565

September 11

0.2623

September 5

0.2546

September 12

0.2644

September 6

0.2578

September 13

0.2678

September 7

0.2578

September 14

0.2773

Average weekly

0.25714

Average weekly

0.26734

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Follow the author on Twitter: @IlkinShafiyev

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