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Weekly review of Azerbaijani currency market

Finance Materials 5 December 2020 23:11 (UTC +04:00)
Weekly review of Azerbaijani currency market

BAKU, Azerbaijan, Dec.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

November 23

1.7

November 30

1.7

November 24

1.7

December 1

1.7

November 25

1.7

December 2

1.7

November 26

1.7

December 3

1.7

November 27

1.7

December 4

1.7

Average weekly

1.7

Average weekly

1.7

The official rate of the manat against the euro decreased by 0.0303 manat.

The average AZN/EUR rate was 2.0491. Accordingly, the average price of manat compared to this currency went up by 0.0269 manat (1.3 percent).

Official AZN/EUR exchange rate

November 23

2.0182

November 30

2.0344

November 24

2.0137

December 1

2.0328

November 25

2.0246

December 2

2.0535

November 26

2.0272

December 3

2.0603

November 27

2.0271

December 4

2.0647

Average weekly

2.0222

Average weekly

2.0491

The official rate of the manat against the ruble went down by 0.0004.

The average AZN/RUB rate was 0.0225. Accordingly, the average price of manat compared to this currency rose by 0.0001 manat (0.4 percent).

Official AZN/RUB exchange rate

November 23

0.0223

November 30

0.0224

November 24

0.0224

December 1

0.0223

November 25

0.0225

December 2

0.0224

November 26

0.0225

December 3

0.0226

November 27

0.0225

December 4

0.0228

Average weekly

0.0224

Average weekly

0.0225

The official rate of the manat against the Turkish lira dropped by 0.0014 manat.The average AZN/RUB rate was 0.0225. Accordingly, the average price of manat compared to this currency increased by 0.0001 manat (0.4 percent).

The average AZN/TRY rate was 0.217. Accordingly, the average price of manat compared to this currency rose by 0.0011 manat (0.5 percent).

Official AZN/TRY exchange rate

November 23

0.2223

November 30

0.2164

November 24

0.2153

December 1

0.2171

November 25

0.2124

December 2

0.2171

November 26

0.2138

December 3

0.2166

November 27

0.2156

December 4

0.2178

Average weekly

0.2159

Average weekly

0.217

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Follow the author on Twitter: @jafarov_zeyni

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