Weekly review of Azerbaijani currency market

Weekly review of Azerbaijani currency market

BAKU, Azerbaijan, Oct.31

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

October 19

1.7

October 26

1.7

October 20

1.7

October 27

1.7

October 21

1.7

October 28

1.7

October 22

1.7

October 29

1.7

October 23

1.7

October 30

1.7

Average weekly

1.7

Average weekly

1.7

The official rate of the manat against the euro increased by 0.0257 manat.

The average AZN/EUR rate was 2.0017. Accordingly, the average price of manat compared to this currency went down by 0.0035 manat (0.2 percent).

Official AZN/EUR exchange rate

October 19

1.9899

October 26

2.0117

October 20

2.0021

October 27

2.0103

October 21

2.0141

October 28

2.0025

October 22

2.0137

October 29

1.9982

October 23

2.0063

October 30

1.986

Average weekly

2.0052

Average weekly

2.0017

The official rate of the manat against the ruble grew by 0.0006 manat.

The average AZN/RUB rate was 0.0219. Accordingly, the average price of manat compared to this currency declined by 0.0001 manat (0.5 percent).

Official AZN/RUB exchange rate

October 19

0.0218

October 26

0.0222

October 20

0.0219

October 27

0.0222

October 21

0.022

October 28

0.022

October 22

0.022

October 29

0.0215

October 23

0.0222

October 30

0.0216

Average weekly

0.022

Average weekly

0.0219

The official rate of the manat against the Turkish lira grew by 0.0087 manat.

The average AZN/TRY rate was 0.2079. Accordingly, the average price of manat compared to this currency dipped by 0.0076 manat (3.5 percent).

Official AZN/TRY exchange rate

October 19

0.2148

October 26

0.213

October 20

0.2157

October 27

0.2101

October 21

0.2161

October 28

0.2075

October 22

0.2175

October 29

0.2047

October 23

0.2136

October 30

0.2043

Average weekly

0.2155

Average weekly

0.2079

---

Follow the author on Twitter: @jafarov_zeyni

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