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Weekly review of Azerbaijani currency market

Finance Materials 26 January 2019 12:37 (UTC +04:00)

Baku, Azerbaijan, Jan. 26

By Sara Israfilbayova – 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

14 January

1.7

21 January

1.7

15 January

1.7

22 January

1.7

16 January

1.7

23 January

1.7

17 January

1.7

24 January

1.7

18 January

1.7

25 January

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 CBA, increased by 0.0098 manats or 0.5 percent.

Accordingly, the average AZN/EUR rate was 1.9315 manats.

Official AZN/EUR exchange rate

14 January

1.9510

21 January

1.9343

15 January

1.9515

22 January

1.9309

16 January

1.9398

23 January

1.9323

17 January

1.9350

24 January

1.9356

18 January

1.9369

25 January

1.9245

Average weekly

1.9428

Average weekly

1.9315

The official exchange rate of manat to Russian ruble, set by CBA, decreased by 0.0003 manats or 1.16 percent.

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

Official AZN/RUB exchange rate

14 January

0.0253

21 January

0.0256

15 January

0.0254

22 January

0.0256

16 January

0.0254

23 January

0.0256

17 January

0.0256

24 January

0.0257

18 January

0.0256

25 January

0.0259

Average weekly

0.2546

Average weekly

0.0257

The official exchange rate of manat to Turkish lira, set by CBA, decreased by 0.0032 manats or 1.18 percent.

Accordingly, the average AZN/TRY rate was 0.3199 manats.

Official AZN/TRY exchange rate

14 January

0.3096

21 January

0.3193

15 January

0.3115

22 January

0.3185

16 January

0.3119

23 January

0.3181

17 January

0.3174

24 January

0.3209

18 January

0.3176

25 January

0.3231

Average weekly

0.3136

Average weekly

0.3199

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Follow the author on Twitter: @IsrafilbekovaS

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