Weekly review of Azerbaijani currency market

Weekly review of Azerbaijani currency market

BAKU, Azerbaijan, Sept.5

By Zeyni Jafarov – Trend:

The official exchange rate of the Azerbaijani manat against the US dollar set by the Central Bank of Azerbaijan (CBA) remained unchanged last week.

Accordingly, last week, the average rate was 1.7 AZN/1 USD.

Official AZN/USD exchange rate

August 24

1.7

August 31

1.7

August 25

1.7

September 1

1.7

August 26

1.7

September 2

1.7

August 27

1.7

September 3

1.7

August 28

1.7

September 4

1.7

Average weekly

1.7

Average weekly

1.7

The official rate of the manat against the euro rose by 0.0084 manats.

The average AZN/EUR rate was 2.0215, accordingly, the average price of manat compared to this currency grew by 0.0113 manats (0.6 percent).

Official AZN/EUR exchange rate

August 24

2.0052

August 31

2.0232

August 25

2.008

September 1

2.0382

August 26

2.008

September 2

2.024

August 27

2.0114

September 3

2.0074

August 28

2.0187

September 4

2.0148

Average weekly

2.0102

Average weekly

2.0215

The official rate of the manat against the ruble grew by 0.0003 manats.

The average AZN/RUB rate was 0.0228, accordingly, the average price of manat compared to this currency declined by 0.0002 manats (0.9 percent).

Official AZN/RUB exchange rate

August 24

0.0228

August 31

0.0229

August 25

0.0228

September 1

0.023

August 26

0.0226

September 2

0.02301

August 27

0.0225

September 3

0.0225

August 28

0.0227

September 4

0.0226

Average weekly

0.0226

Average weekly

0.0228

The official rate of the manat against the Turkish lira rose by 0.0032 manats.

The average AZN/TRY rate was 0.2306, accordingly, the average price of manat compared to this currency dipped by 0.0004 manats (0.2 percent).

Official AZN/TRY exchange rate

August 24

0.2321

August 31

0.2318

August 25

0.2304

September 1

0.2318

August 26

0.23

September 2

0.2309

August 27

0.2311

September 3

0.2301

August 28

0.2314

September 4

0.2286

Average weekly

0.231

Average weekly

0.2306

---

Follow the author on Twitter: @jafarov_zeyni

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