BAKU, Azerbaijan, February 13. Azerbaijani manat weakened against the euro at the end of January compared to the beginning of the month, says Trend's analysis, based on the statistics of Azerbaijan's Central Bank.
As of January 31, 2023, the rate increased up to 1.8437 manat per euro.
The following chart illustrates fluctuations of the manat rate against euro:
According to the above currency rate dynamics, the largest increase in the rate was recorded on January 9 (up by 1.47 percent or 0.0263 manat compared to the previous day).
Moreover, following the dynamics of the change in the euro currency rate, it can be noted that, although on January 23 it almost reached a monthly maximum (1.8522 manat), then a slight decline in the value of the euro against the manat followed. So, on January 24, the rate fell by 0.0032 manat (0.17 percent) compared to the previous day, to 1.8490 manat per euro.
In the reporting month, the average rate was 1.8351 manat per euro. The rate reached its maximum level on January 26 (1.8553 manat per euro), and the minimum - on January 6 (1.7887 manat per euro).