Weekly review of Azerbaijani currency market

30 July 2016 17:49 (UTC+04:00)

The official exchange rate of Azerbaijani manat to the US dollar set by Azerbaijan’s Central Bank (CBA) decreased by 0.0125 manats (0.8 percent) last week. Accordingly, the average rate was set at 1.5787 manats to $1.

Official exchange rate of manat to US dollar

July 18

1,56

July 25

1,5724

July 19

1,5631

July 26

1,5755

July 20

1,5662

July 27

1,5787

July 21

1,5693

July 28

1,5819

July 22

1,5724

July 29

1,5851

Average weekly

1,5662

Average weekly

1,5787

During the week, the official exchange rate of manat to euro set by the CBA decreased by 0.0111 manats (0.6 percent). Accordingly, the average rate was set at 1.7408 manats to 1 euro.

Official exchange rate of manat to euro

July 18

1,7261

July 25

1,7259

July 19

1,7313

July 26

1,7338

July 20

1,7252

July 27

1,7366

July 21

1,7314

July 28

1,7512

July 22

1,7345

July 29

1,7564

Average weekly

1,7297

Average weekly

1,7408

The official exchange rate of Azerbaijani manat to the Russian ruble set by Azerbaijani Central Bank increased by 0.00062 manats (0.25 percent). Accordingly, the average rate was set at 0.02402 manats to 1 Russian ruble.

Official exchange rate of manat to Russian ruble

July 18

0,0246

July 25

0,0243

July 19

0,0248

July 26

0,0241

July 20

0,0247

July 27

0,0239

July 21

0,0246

July 28

0,024

July 22

0,0245

July 29

0,0238

Average weekly

0,02464

Average weekly

0,02402

During the week, the official exchange rate of manat to Turkish lira set by the CBA decreased by 0.00334 manats (0.6 percent). Accordingly, the average rate was set at 0.52076 manats to 1 Turkish lira.

Official exchange rate of manat to Turkish lira

July 18

0,5264

July 25

0,5141

July 19

0,524

July 26

0,5202

July 20

0,515

July 27

0,5192

July 21

0,5093

July 28

0,5243

July 22

0,5124

July 29

0,526

Average weekly

0,51742

Average weekly

0,52076

This week, the price of one ounce of gold increased by 16.0253 manats (0.8 percent). Accordingly, the average price for gold reached 2092,678 manats.

Change in value of one ounce of gold

July 18

2070,12

July 25

2076,7473

July 19

2086,2696

July 26

2068,8678

July 20

2084,4556

July 27

2088,6201

July 21

2065,0419

July 28

2102,3451

July 22

2077,3763

July 29

2126,8079

Average weekly

2076,65268

Average weekly

2092,678

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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