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Weekly review of Azerbaijani currency market

25 July 2016 10:11 (UTC+04:00)
Weekly review of Azerbaijani currency market

The official exchange rate of Azerbaijani manat to the US dollar set by Azerbaijan’s Central Bank (CBA) decreased by 0.0124 manats (0.8 percent) last week. Accordingly, the average rate was set at 1.5662 manats to $1.

Official exchange rate of manat to US dollar

July 11

1,5487

July 18

1,56

July 12

1,5518

July 19

1,5631

July 13

1,5549

July 20

1,5662

July 14

1,5576

July 21

1,5693

July 15

1,5581

July 22

1,5724

Average weekly

1,55422

Average weekly

1,5662

During the week, the official exchange rate of manat to euro set by the CBA decreased by 0.0084 manats (0.5 percent). Accordingly, the average rate was set at 1.7297 manats to 1 euro.

Official exchange rate of manat to euro

July 11

1,7108

July 18

1,7261

July 12

1,7191

July 19

1,7313

July 13

1,7203

July 20

1,7252

July 14

1,7308

July 21

1,7314

July 15

1,7335

July 22

1,7345

Average weekly

1,7229

Average weekly

1,7297

The official exchange rate of Azerbaijani manat to the Russian ruble set by Azerbaijani Central Bank increased by 0.0001 manats (0.4 percent). Accordingly, the average rate was set at 0.02464 manats to 1 Russian ruble.

Official exchange rate of manat to Russian ruble

July 11

0,0241

July 18

0,0246

July 12

0,0242

July 19

0,0248

July 13

0,0243

July 20

0,0247

July 14

0,0243

July 21

0,0246

July 15

0,0248

July 22

0,0245

Average weekly

0,02434

Average weekly

0,02464

During the week, the official exchange rate of manat to Turkish lira set by the CBA increased by 0.014 manats (2.7 percent). Accordingly, the average rate was set at 0.51742 manats to 1 Turkish lira.

Official exchange rate of manat to Turkish lira

July 11

0,5357

July 18

0,5264

July 12

0,5346

July 19

0,524

July 13

0,5376

July 20

0,515

July 14

0,5371

July 21

0,5093

July 15

0,5407

July 22

0,5124

Average weekly

0,53714

Average weekly

0,51742

This week, the price of one ounce of gold decreased by 7.2563 manats (0.35 percent). Accordingly, the average price for gold reached 2076,65268 manats.

Change in value of one ounce of gold

July 11

2097,327

July 18

2070,12

July 12

2105,9478

July 19

2086,2696

July 13

2087,2978

July 20

2084,4556

July 14

2091,4674

July 21

2065,0419

July 15

2062,3012

July 22

2077,3763

Average weekly

2088,86824

Average weekly

2076,65268

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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