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Weekly review of Azerbaijani currency market

28 May 2016 13:47 (UTC+04:00)
Weekly review of Azerbaijani currency market

The official exchange rate of Azerbaijani manats to the US dollar set by Azerbaijani Central Bank (CBA) increased by 0.0051 manats (0.3 percent). Accordingly, the average rate was set at 1.49184 manats to 1 US dollar.

Official exchange rate of manats to US dollar

May 16

1,5063

May 23

1,4957

May 17

1,5033

May 24

1,4929

May 18

1,5017

May 25

1,49

May 19

1,5017

May 26

1,49

May 20

1,4987

May 27

1,4906

Average weekly

1,50234

Average weekly

1,49184

During the week, the official exchange rate of manats to euro set by the CBA consolidated by 0.0121 manats (0.7 percent). Accordingly, the average rate was set at 1.66974 manats to 1 euro.

Official exchange rate of manats to euro

May 16

1,7036

May 23

1,6798

May 17

1,7008

May 24

1,6738

May 18

1,6948

May 25

1,6614

May 19

1,6848

May 26

1,666

May 20

1,6787

May 27

1,6677

Average weekly

1,69254

Average weekly

1,66974

The official exchange rate of Azerbaijani manats to the Russian ruble set by Azerbaijani Central Bank cheapened by 0.0002 manats (0.9 percent). Accordingly, the average rate was set at 0.02252 manats to 1 Russian ruble.

Official exchange rate of manats to Russian ruble

May 16

0,023

May 23

0,0224

May 17

0,0232

May 24

0,0223

May 18

0,0231

May 25

0,0225

May 19

0,0226

May 26

0,0228

May 20

0,0225

May 27

0,0226

Average weekly

0,02288

Average weekly

0,02252

During the week, the official exchange rate of manats to Turkish lira set by the CBA cheapened by 0.0039 manats (0.8 percent). Accordingly, the average rate was set at 0.50408 manats to 1 Turkish lira.

Official exchange rate of manats to Turkish lira

May 16

0,5078

May 23

0,5029

May 17

0,5068

May 24

0,4983

May 18

0,5049

May 25

0,5052

May 19

0,5017

May 26

0,5072

May 20

0,5016

May 27

0,5068

Average weekly

0,50456

Average weekly

0,50408

This week, the price of one ounce of gold decreased by 51,6361 manats (2.75 percent).
Accordingly, the average price for gold reached 1844,35646 manats.

Change in the value of one ounce of gold:

May 16

1906,8252

May 23

1875,9069

May 17

1923,2318

May 24

1860,0041

May 18

1917,6709

May 25

1842,9065

May 19

1911,5139

May 26

1818,694

May 20

1867,7549

May 27

1824,2708

Average weekly

1905,39934

Average weekly

1844,35646

The trading at Baku Interbank Currency Exchange (BBVB) has not been carried out since early 2015, so the exchange rate of manats is not formed.

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