Weekly review of Azerbaijani currency market

18 March 2017 13:39 (UTC+04:00)

The official exchange rate of Azerbaijani manat against the US dollar set by Azerbaijan’s Central Bank (CBA) increased by 0.0235 manats, or 1.4 percent last week.

Accordingly, the average rate was set at 1.7328 AZN/USD.

The official exchange rate for March 8 was not set due to the international women's day.

Official AZN/USD exchange rate

March 6

1.7548

March 13

1.7437

March 7

1.7548

March 14

1.7437

March 8

-

March 15

1.7282

March 9

1.7563

March 16

1.7282

March 10

1.7437

March 17

1.7202

Average weekly

1.7524

Average weekly

1.7328

The official exchange rate of manat against euro set by the CBA increased by 0.0129 manats or 0.7 percent last week.

Accordingly, the average AZN/EUR rate was set at 1.8528 manats.

Official AZN/EUR exchange rate

March 6

1.8604

March 13

1.8658

March 7

1.8572

March 14

1.8577

March 8

-

March 15

1.8344

March 9

1.8494

March 16

1.8532

March 10

1.8477

March 17

1.8529

Average weekly

1.853675

Average weekly

1.8528

The official exchange rate of manat to Turkish lira set by the CBA decreased by 0.0087 manats or nearly two percent last week.

Accordingly, the average AZN/TRY rate was set at 0.46768 manats.

Official AZN/TRY exchange rate

March 6

0.4722

March 13

0.4661

March 7

0.4729

March 14

0.4659

March 8

-

March 15

0.4615

March 9

0.4686

March 16

0.4701

March 10

0.4626

March 17

0.4748

Average weekly

0.469075

Average weekly

0.46768

Last week, the price of one ounce of gold increased by 17.6671 manats or 0.84 percent.

Accordingly, the average price of one ounce of gold stood at 2093.02162 manats.

Change in price of one ounce of gold

March 6

2152.2622

March 13

2097.0608

March 7

2160.0711

March 14

2099.7635

March 8

-

March 15

2081.7897

March 9

2123.718

March 16

2071.7662

March 10

2103.8612

March 17

2114.7279

Average weekly

2134.978125

Average weekly

2093.02162

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