Weekly review of Azerbaijani currency market

Weekly review of Azerbaijani currency market

Baku, Azerbaijan, Nov. 3

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 22

1.7

October 29

1.7

October 23

1.7

October 30

1.7

October 24

1.7

October 31

1.7

October 25

1.7

November 1

1.7

October 26

1.7

November 2

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, increased by 0.003 manats or 0.15 percent.

Accordingly, the average AZN/EUR rate was 1.9335 manats.

Official AZN/EUR exchange rate

October 22

1.957

October 29

1.9366

October 23

1.9474

October 30

1.9348

October 24

1.9496

October 31

1.9281

October 25

1.9398

November 1

1.9284

October 26

1.9325

November 2

1.9396

Average weekly

1.9453

Average weekly

1.9335

The official exchange rate of manat to Russian ruble, set by the CBA, decreased by 0.0001 or 0.39 percent last week.

Accordingly, the average AZN/RUB rate was 0.0259 manats.

Official AZN/RUB exchange rate

October 22

0,0259

October 29

0,0258

October 23

0,026

October 30

0,0259

October 24

0,026

October 31

0,0259

October 25

0,0259

November 1

0,0259

October 26

0,0259

November 2

0,0259

Average weekly

0,0259

Average weekly

0,0259

The official exchange rate of manat to Turkish lira, set by the CBA, decreased by 0.0047 manats or 1.52 percent.

Accordingly, the average AZN/TRY rate was 0.3067 manats.

Official AZN/TRY exchange rate

October 22

0,3012

October 29

0,3039

October 23

0,2991

October 30

0,3064

October 24

0,2957

October 31

0,3104

October 25

0,2972

November 1

0,3043

October 26

0,3007

November 2

0,3086

Average weekly

0,2988

Average weekly

0,3067

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