Weekly review of Azerbaijani currency market
Trend:
The official exchange rate of Azerbaijani manat against the US dollar set by the Central Bank of Azerbaijan (CBA) remained unchanged last week.
Accordingly, at the end of the week the average rate was set at 1.7 AZN/USD.
On May 9, the Victory Day over Fascism, the official exchange rate of manat against foreign currencies wasn’t formed due to a non-working day.
|
Official AZN/USD exchange rate |
|||
|
April 30 |
1.7 |
May 7 |
1.7 |
|
May 1 |
1.7 |
May 8 |
1.7 |
|
May 2 |
1.7 |
May 9 |
- |
|
May 3 |
1.7 |
May 10 |
1.7 |
|
May 4 |
1.7 |
May 11 |
1.7 |
|
Average weekly |
1.7 |
Average weekly |
1.7 |
At the end of last week, the official exchange rate of manat against euro set by the CBA increased by 0.0078 manats or 0.3836 percent last week.
Accordingly, the average AZN/EUR rate was set at 2.025625 manats.
|
Official AZN/EUR exchange rate |
|||
|
April 30 |
2.0618 |
May 7 |
2.0333 |
|
May 1 |
2.0522 |
May 8 |
2.0252 |
|
May 2 |
2.0404 |
May 9 |
- |
|
May 3 |
2.0378 |
May 10 |
2.0185 |
|
May 4 |
2.0377 |
May 11 |
2.0255 |
|
Average weekly |
2.04598 |
Average weekly |
2.025625 |
The official exchange rate of manat to Russian ruble set by the CBA decreased by 0.0004 manats (1.476 percent) last week.
Accordingly, the average AZN/RUB rate was set at 0.027175 manats.
|
Official AZN/RUB exchange rate |
|||
|
April 30 |
0.0272 |
May 7 |
0.0271 |
|
May 1 |
0.027 |
May 8 |
0.0271 |
|
May 2 |
0.0268 |
May 9 |
- |
|
May 3 |
0.0267 |
May 10 |
0.0270 |
|
May 4 |
0.027 |
May 11 |
0.0275 |
|
Average weekly |
0.02694 |
Average weekly |
0.027175 |
The official exchange rate of manat to Turkish lira set by the CBA increased by 0.0012 manats (0.2987 percent) last week.
Accordingly, the average AZN/TRY rate was set at 0.3988 manats.
|
Official AZN/TRY exchange rate |
|||
|
April 30 |
0.4198 |
May 7 |
0.4018 |
|
May 1 |
0.4186 |
May 8 |
0.3966 |
|
May 2 |
0.414 |
May 9 |
|
|
May 3 |
0.4082 |
May 10 |
0.3962 |
|
May 4 |
0.4024 |
May 11 |
0.4006 |
|
Average weekly |
0.4126 |
Average weekly |
0.3988 |
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