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Weekly review of Azerbaijani currency market

Finance Materials 10 November 2018 12:10
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, Nov. 10

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 29

1.7

November 5

1.7

October 30

1.7

November 6

1.7

October 31

1.7

November 7

1.7

November 1

1.7

November 8

1.7

November 2

1.7

November 9

-

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 0.007 manats or 0.36 percent.

Accordingly, the average AZN/EUR rate was 1.9409 manats.

Official AZN/EUR exchange rate

October 29

1.9366

November 5

1.9353

October 30

1.9348

November 6

1.938

October 31

1.9281

November 7

1.9478

November 1

1.9284

November 8

1.9423

November 2

1.9396

November 9

-

Average weekly

1.9335

Average weekly

1.9409

The official exchange rate of manat to Russian ruble, set by the CBA, remained unchanged during the week.

Accordingly, the average AZN/RUB rate was 0.0257 manats.

Official AZN/RUB exchange rate

October 29

0.0258

November 5

0.0257

October 30

0.0259

November 6

0.0257

October 31

0.0259

November 7

0.0257

November 1

0.0259

November 8

0.0257

November 2

0.0259

November 9

-

Average weekly

0.0259

Average weekly

0.0257

The official exchange rate of manat to Turkish lira, set by the CBA, decreased by 0.0036 manats or 1.14 percent.

Accordingly, the average AZN/TRY rate was 0.316 manats.

Official AZN/TRY exchange rate

October 29

0.3039

November 5

0.3122

October 30

0.3064

November 6

0.319

October 31

0.3104

November 7

0.3176

November 1

0.3043

November 8

0.3158

November 2

0.3086

November 9

-

Average weekly

0.3067

Average weekly

0.316

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Follow the author on Twitter: @TalehMursagulov

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