Weekly review of Azerbaijani currency market

Weekly review of Azerbaijani currency market

Baku, Azerbaijan, Dec. 8

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 26

1.7

December 3

1.7

November 27

1.7

December 4

1.7

November 28

1.7

December 5

1.7

November 29

1.7

December 6

1.7

November 30

1.7

December 7

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 0.0041 manats or 0.21 percent.

Accordingly, the average AZN/EUR rate was 1.9303 manats.

Official AZN/EUR exchange rate

November 26

1.9289

December 3

1.9294

November 27

1.9273

December 4

1.9339

November 28

1.9202

December 5

1.9258

November 29

1.9356

December 6

1.9291

November 30

1.9367

December 7

1.9335

Average weekly

1.9297

Average weekly

1.9303

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

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

Official AZN/RUB exchange rate

November 26

0.0255

December 3

0.0255

November 27

0.0254

December 4

0.0256

November 28

0.0254

December 5

0.0254

November 29

0.0254

December 6

0.0256

November 30

0.0257

December 7

0.0255

Average weekly

0.0255

Average weekly

0.0255

The official exchange rate of manat to Turkish lira, set by the CBA, increased by 0.0095 manats or 2.9 percent.

Accordingly, the average AZN/TRY rate was 0.3203 manats.

Official AZN/TRY exchange rate

November 26

0.3214

December 3

0.328

November 27

0.3242

December 4

0.3225

November 28

0.323

December 5

0.3158

November 29

0.3262

December 6

0.3166

November 30

0.3297

December 7

0.3185

Average weekly

0.3249

Average weekly

0.3203

---

Follow the author on Twitter: @TalehMursagulov

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