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Weekly review of Azerbaijan's currency market

Finance Materials 17 August 2024 16:03 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, August 17. The official exchange rate of manat against the US dollar set by the Central Bank of Azerbaijan (CBA) didn't budge an inch at the end of this week, Trend reports.

The weighted average rate at the end of the week came out to 1.7 manat per dollar.

Official manat-to-dollar exchange rate

August 5

1.7

August 12

1.7

August 6

1.7

August 13

1.7

August 7

1.7

August 14

1.7

August 8

1.7

August 15

1.7

August 9

1.7

August 16

1.7

Weekly average

1.7

Weekly average

1.7

The official exchange rate of the manat against the euro fell by 0.0106 manat at the end of last week. The weighted average exchange rate increased by 0.0067 manat and amounted to 1.8647 manat per euro.

Official manat-to-euro exchange rate

August 5

1.8582

August 12

1.8563

August 6

1.8619

August 13

1.8597

August 7

1.8551

August 14

1.8688

August 8

1.8584

August 15

1.8718

August 9

1.8564

August 16

1.8669

Weekly average

1.8580

Weekly average

1.8647

Last week, the official exchange rate of manat against the Russian ruble went up by a mere 0.0001 manat. The weighted average rate took a nosedive by 0.0009 manat and settled at 0.0189 manat per ruble.

Official manat-to-ruble exchange rate

August 5

0.0199

August 12

0.0192

August 6

0.0200

August 13

0.0187

August 7

0.0198

August 14

0.0187

August 8

0.0198

August 15

0.0189

August 9

0.0196

August 16

0.0191

Weekly average

0.0198

Weekly average

0.0189

There was a 0.0002 manat increase in last week's official manat exchange rate versus the Turkish lira. With a decrease of 0.0002, the weighted average rate came to 0.0506 manat per lira.

Official manat-to-lira exchange rate

August 5

0.0512

August 12

0.0507

August 6

0.0509

August 13

0.0507

August 7

0.0507

August 14

0.0507

August 8

0.0507

August 15

0.0506

August 9

0.0507

August 19

0.0505

Weekly average

0.0508

Weekly average

0.0506

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