Weekly review of Azerbaijani currency market

23 March 2020 14:06 (UTC+04:00)

1 310

The official exchange rate of the Azerbaijani manat against the US dollar set by the Central Bank of Azerbaijan (CBA) remained unchanged last week.

Accordingly, last week, the average rate was 1.7 AZN/1 USD.

Official AZN/USD exchange rate
March 9	1.7	March 16	1.7
March 10	1.7	March 17	1.7
March 11	1.7	March 18	1.7
March 12	1.7	March 19	1.7
March 13	1.7	March 20	1.7
Average weekly	1.7	Average weekly	1.7

The official rate of the manat against the euro decreased by 0.0448 manat (1.9 percent).

The average AZN/EUR rate was 1.8748 manat which is a decrease by 2.3 percent.

Official AZN/EUR exchange rate
March 9	1.9092	March 16	1.8927
March 10	1.9332	March 17	1.9003
March 11	1.9284	March 18	1.8754
March 12	1.9201	March 19	1.8528
March 13	1.9074	March 20	1.8528
Average weekly	1.9196	Average weekly	1.8748

The official rate of the manat against the ruble decreased by 0.0016 manat (1.6 percent).

The average AZN/RUB rate was 0.0220 manat which is a decrease by 6.77 percent.

Official AZN/RUB exchange rate
March 9	0.0251	March 16	0.0233
March 10	0.0232	March 17	0.0229
March 11	0.0241	March 18	0.0226
March 12	0.0231	March 19	0.0208
March 13	0.0229	March 20	0.0208
Average weekly	0.0236	Average weekly	0.0220

The official rate of the manat against the Turkish lira decreased by 0.0105 manat (2.9 percent).

The average AZN/TRY rate was 0.2644 manat per Turkish lira which is a decrease by 3.8 percent.

Official AZN/TRY exchange rate
March 9	0.2778	March 16	0.2691
March 10	0.2769	March 17	0.2645
March 11	0.2768	March 18	0.2656
March 12	0.2735	March 19	0.2616
March 13	0.2696	March 20	0.2616
Average weekly	0.2749	Average weekly	0.2644