Weekly review of Azerbaijani currency market

23 May 2016 14:37 (UTC+04:00)

The official exchange rate of Azerbaijani manats to the US dollar set by Azerbaijani Central Bank (CBA) increased by 0.0076 manats (0.5 percent). Accordingly, the average rate was set at 1.50234 manats to 1 US dollar.

Official exchange rate of manats to US dollar

May 9

-

May 16

1,5063

May 10

1,5094

May 17

1,5033

May 11

1,5088

May 18

1,5017

May 12

1,5088

May 19

1,5017

May 13

1,5093

May 20

1,4987

Average weekly

1,509075

Average weekly

1,50234

During the week, the official exchange rate of manats to euro set by the CBA consolidated by 0.0249 manats (1.46 percent). Accordingly, the average rate was set at 1.69254 manats to 1 euro.

Official exchange rate of manats to euro

May 9

-

May 16

1,7036

May 10

1,7168

May 17

1,7008

May 11

1,7172

May 18

1,6948

May 12

1,7237

May 19

1,6848

May 13

1,7163

May 20

1,6787

Average weekly

1,7185

Average weekly

1,69254

The official exchange rate of Azerbaijani manats to the Russian ruble set by Azerbaijani Central Bank consolidated by 0.0005 manats (2.17 percent). Accordingly, the average rate was set at 0.02288 manats to 1 Russian ruble.

Official exchange rate of manats to Russian ruble

May 9

-

May 16

0,023

May 10

0,0227

May 17

0,0232

May 11

0,0228

May 18

0,0231

May 12

0,0232

May 19

0,0226

May 13

0,0232

May 20

0,0225

Average weekly

0,022975

Average weekly

0,02288

During the week, the official exchange rate of manats to Turkish lira set by the CBA consolidated by 0.0062 manats (1.22 percent). Accordingly, the average rate was set at 0.50456 manats to 1 Turkish lira.

Official exchange rate of manats to Turkish lira

May 9

-

May 16

0,5078

May 10

0,5132

May 17

0,5068

May 11

0,5113

May 8

0,5049

May 12

0,5105

May 19

0,5017

May 13

0,5092

May 20

0,5016

Average weekly

0,51105

Average weekly

0,50456

This week, the price of one ounce of gold decreased by39.0703 manats (2.05 percent).
Accordingly, the average price for gold reached 1905,39934 manats.

Change in the value of one ounce of gold:

May 9

-

May 16

1906,8252

May 10

1909,7684

May 17

1923,2318

May 11

1905,3126

May 18

1917,6709

May 12

1926,5113

May 19

1911,5139

May 13

1930,772

May 20

1867,7549

Average weekly

1918,091075

Average weekly

1905,39934

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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