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Weekly review of Azerbaijani currency market (June 19-26)

Business Materials 27 June 2020 11:56 (UTC +04:00)

BAKU, Azerbaijan, June 27

By Eldar Janashvili – 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, last week, the average rate was 1.7 AZN/1 USD.

Official AZN/USD exchange rate

June 15

-

June 22

1.7

June 16

1.7

June 23

1.7

June 17

1.7

June 24

1.7

June 18

1.7

June 25

1.7

June 19

1.7

June 26

-

Average weekly

1.7

Average weekly

1.7

The official rate of the manat against the euro decreased by 0.0082 manat (0.4 percent).

The average AZN/EUR rate was 1.9137 manat (growth by 0.3 percent).

Official AZN/EUR exchange rate

June 15

-

June 22

1.9043

June 16

1.9267

June 23

1.9146

June 17

1.9161

June 24

1.9234

June 18

1.9134

June 25

1.9125

June 19

1.9206

June 26

-

Average weekly

1.9192

Average weekly

1.9137

The official rate of the manat against the ruble remained unchanged.

The average AZN/RUB rate was 0.0245 manat (down 1.3 percent).

Official AZN/RUB exchange rate

June 15

-

June 22

0.0244

June 16

0.0245

June 23

0.0246

June 17

0.0244

June 24

0.0247

June 18

0.0244

June 25

0.0244

June 19

0.0242

June 26

-

Average weekly

0.0242

Average weekly

0.0245

The official rate of the manat against the Turkish lira rose by 0.0003 manat (0.1 percent).

The average AZN/TRY rate was 0.2482 manat (up 0.1 percent).

Official AZN/TRY exchange rate

June 15

-

June 22

0.2483

June 16

0.2491

June 23

0.2482

June 17

0.2487

June 24

0.2484

June 18

0.2482

June 25

0.248

June 19

0.2479

June 26

-

Average weekly

0.2485

Average weekly

0.2482

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