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Weekly review of Azerbaijani currency market

Finance Materials 1 December 2018 10:17 (UTC +04:00)

Baku, Azerbaijan, Dec. 1

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

November 19

1.7

November 26

1.7

November 20

1.7

November 27

1.7

November 21

1.7

November 28

1.7

November 22

1.7

November 29

1.7

November 23

1.7

November 30

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 0.0078 manats or 0.4 percent.

Accordingly, the average AZN/EUR rate was 1.9297 manats.

Official AZN/EUR exchange rate

November 19

1.9403

November 26

1.9289

November 20

1.9368

November 27

1.9273

November 21

1.9340

November 28

1.9202

November 22

1.9459

November 29

1.9356

November 23

1.9377

November 30

1.9367

Average weekly

1.93894

Average weekly

1.9297

The official exchange rate of manat to Russian ruble, set by the CBA, decreased by 0.0002 manats or 0.77 percent.

Accordingly, the average AZN/RUB rate was 0.0255 manats.

Official AZN/RUB exchange rate

November 19

0.0259

November 26

0.0255

November 20

0.0259

November 27

0.0254

November 21

0.0258

November 28

0.0254

November 22

0.0259

November 29

0.0254

November 23

0.0257

November 30

0.0257

Average weekly

0.0258

Average weekly

0.0255

The official exchange rate of manat to Turkish lira, set by the CBA, decreased by 0.0083 manats or 2.5 percent.

Accordingly, the average AZN/TRY rate was 0.3249 manats.

Official AZN/TRY exchange rate

November 19

0.3203

November 26

0.3214

November 20

0.3195

November 27

0.3242

November 21

0.3157

November 28

0.323

November 22

0.3191

November 29

0.3262

November 23

0.3178

November 30

0.3297

Average weekly

0.3185

Average weekly

0.3249

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Follow the author on Twitter: @TalehMursagulov

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