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Weekly review of Azerbaijani currency market

13 August 2016 15:30 (UTC+04:00)
Weekly review of Azerbaijani currency market

By Trend

The official exchange rate of Azerbaijani manat to the US dollar set by Azerbaijan’s Central Bank (CBA) decreased by 0.0097 manats (0.6061 percent) last week. Accordingly, the average rate was set at 1.60428 manats to $1.

Official exchange rate of manat to US dollar

Aug.1

1,5851

Aug. 8

1,6005

Aug.2

1,5883

Aug. 9

1,6005

Aug.3

1,5915

Aug. 10

1,604

Aug.4

1,5947

Aug. 11

1,6062

Aug.5

1,5980

Aug. 12

1,6102

Average weekly

1,59152

Average weekly

1,60428

During the week, the official exchange rate of manat to euro set by the CBA decreased by 0.0162 manats (0.9114 percent). Accordingly, the average rate was set at 1.78544 manats to 1 euro.

Official exchange rate of manat to euro

Aug.1

1,7721

Aug. 8

1,7774

Aug.2

1,7749

Aug. 9

1,7738

Aug.3

1,7845

Aug. 10

1,7886

Aug.4

1,7775

Aug. 11

1,7938

Aug.5

1,7797

Aug. 12

1,7936

Average weekly

1,77774

Average weekly

1,78544

The official exchange rate of Azerbaijani manat to the Russian ruble set by Azerbaijani Central Bank increased by 0.0006 manats (2.459 percent). Accordingly, the average rate was set at 0.02474 manats to 1 Russian ruble.

Official exchange rate of manat to Russian ruble

Aug.1

0,0240

Aug. 8

0,0244

Aug.2

0,0238

Aug. 9

0,0247

Aug.3

0,0238

Aug. 10

0,0248

Aug.4

0,0240

Aug. 11

0,0248

Aug.5

0,0242

Aug. 12

0,0250

Average weekly

0,02396

Average weekly

0,02474

During the week, the official exchange rate of manat to Turkish lira set by the CBA decreased by 0.0082 manats (1.531 percent). Accordingly, the average rate was set at 0.54 manats to 1 Turkish lira.

Official exchange rate of manat to Turkish lira

Aug.1

0,5309

Aug. 8

0,5356

Aug.2

0,5309

Aug. 9

0,5366

Aug.3

0,5314

Aug. 10

0,5412

Aug.4

0,5286

Aug. 11

0,5428

Aug.5

0,5309

Aug. 12

0,5438

Average weekly

0,53054

Average weekly

0,54

This week, the price of one ounce of gold increased by 36.5108 manats (1.7019 percent). Accordingly, the average price for gold reached 2156,46386 manats.

Change in value of one ounce of gold

Aug.1

2127,2042

Aug. 8

2145,3102

Aug.2

2143,6491

Aug. 9

2139,5484

Aug.3

2170,4081

Aug. 10

2150,964

Aug.4

2167,0378

Aug. 11

2164,6757

Aug.5

2177,6745

Aug. 12

2181,821

Average weekly

2157,19474

Average weekly

2156,46386

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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