Weekly review of Azerbaijani currency market

Weekly review of Azerbaijani currency market

Baku, Azerbaijan, Oct. 13

By Taleh Mursagulov - 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

October 1

1.7

October 8

1.7

October 2

1.7

October 9

1.7

October 3

1.7

October 10

1.7

October 4

1.7

October 11

1.7

October 5

1.7

October 12

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 0.0158 manats or 0.81 percent.

Accordingly, the average AZN/EUR rate was 1.9612 manats.

Official AZN/EUR exchange rate

October 1

1.9712

October 8

1.9571

October 2

1.9668

October 9

1.9546

October 3

1.9681

October 10

1.9561

October 4

1.9494

October 11

1.9655

October 5

1.9567

October 12

1.9729

Average weekly

1.9624

Average weekly

1.9612

The official exchange rate of manat to Russian ruble, set by the CBA, decreased by 0.0002 manats or 0.78 percent.

Accordingly, the average AZN/RUB rate was 0.02556 manats.

Official AZN/RUB exchange rate

October 1

0.0259

October 8

0.0255

October 2

0.0262

October 9

0.0255

October 3

0.0260

October 10

0.0257

October 4

0.0258

October 11

0.0254

October 5

0.0254

October 12

0.0257

Average weekly

0.02586

Average weekly

0.02556

The official exchange rate of manat to Turkish lira, set by the CBA, decreased by 0.0111 manats or 4 percent.

Accordingly, the average AZN/TRY rate was 0.28036 manats.

Official AZN/TRY exchange rate

October 1

0.2816

October 8

0.2768

October 2

0.2858

October 9

0.2781

October 3

0.2832

October 10

0.2789

October 4

0.2799

October 11

0.2801

October 5

0.2752

October 12

0.2879

Average weekly

0.28114

Average weekly

0.28036

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