Weekly review of Azerbaijani currency market

6 June 2020 13:52 (UTC+04:00)

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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
May 25	-	June 1	1.7
May 26	-	June 2	1.7
May 27	-	June 3	1.7
May 28	-	June 4	1.7
May 29	-	June 5	1.7
Average weekly	1.7	Average weekly	1.7

The official rate of the manat against the euro dropped by 0.362 manat or 1.9 percent.

The average AZN/EUR rate was 1.9048 manat per euro, showing a decline of 2.5 percent.

Official AZN/EUR exchange rate
May 25	-	June 1	1.8927
May 26	-	June 2	1.8914
May 27	-	June 3	1.9044
May 28	-	June 4	1.9066
May 29	-	June 5	1.9289
Average weekly	1,8580	Average weekly	1.9048

The official rate of the manat against the ruble decreased by 0.004 manat or 1.6 percent.

The average AZN/RUB rate amounted to 0.0246 manat per ruble, respectively, decreasing by 3.4 percent

Official AZN/RUB exchange rate
May 25	-	June 1	0.242
May 26	-	June 2	0.247
May 27	-	June 3	0.248
May 28	-	June 4	0.248
May 29	-	June 5	0.246
Average weekly	0.238	Average weekly	0.246

The official rate of the manat against the Turkish lira decreased by 0.0023 manat or 0.9 percent.

The AZN/TRY average rate amounted to 0.2512 manat per lira, a decrease of 0.4 percent.

Official AZN/TRY exchange rate
May 25	-	June 1	0.2496
May 26	-	June 2	0.2499
May 27	-	June 3	0.2527
May 28	-	June 4	0.2519
May 29	-	June 5	0.2519
Average weekly	0.2502	Average weekly	0.2512