Weekly review of Azerbaijani currency market

Weekly review of Azerbaijani currency market

BAKU, Azerbaijan, Nov.28

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

November 16

1.7

November 23

1.7

November 17

1.7

November 24

1.7

November 18

1.7

November 25

1.7

November 19

1.7

November 26

1.7

November 20

1.7

November 27

1.7

Average weekly

1.7

Average weekly

1.7

The official rate of the manat against the euro decreased by 0.0089 manat.

The average AZN/EUR rate was 2.0222. Accordingly, the average price of manat compared to this currency went up by 0.0056 manat (0.3 percent).

Official AZN/EUR exchange rate

November 16

2.0149

November 23

2.0182

November 17

2.0161

November 24

2.0137

November 18

2.0175

November 25

2.0246

November 19

2.0141

November 26

2.0272

November 20

2.0206

November 27

2.0271

Average weekly

2.0166

Average weekly

2.0222

The official rate of the manat against the ruble went down by 0.0002.

The average AZN/RUB rate was 0.0224. Accordingly, the average price of manat compared to this currency increased by 0.0002 manat (0.9 percent).

Official AZN/RUB exchange rate

November 16

0.022

November 23

0.0223

November 17

0.0222

November 24

0.0224

November 18

0.0223

November 25

0.0225

November 19

0.0224

November 26

0.0225

November 20

0.0222

November 27

0.0225

Average weekly

0.022

Average weekly

0.0224

The official rate of the manat against the Turkish lira grew by 0.0067 manat.

The average AZN/TRY rate was 0.2159. Accordingly, the average price of manat compared to this currency declined by 0.0057 manat (2.6 percent).

Official AZN/TRY exchange rate

November 16

0.2219

November 23

0.2223

November 17

0.2205

November 24

0.2153

November 18

0.2206

November 25

0.2124

November 19

0.2203

November 26

0.2138

November 20

0.2249

November 27

0.2156

Average weekly

0.2216

Average weekly

0.2159

---

Follow the author on Twitter: @jafarov_zeyni

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