Weekly review of Azerbaijani currency market

Weekly review of Azerbaijani currency market
13:22 1 Avqust 2015
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Baku, Azerbaijan, Aug.1

By Azad Hasanli – Trend:

The official exchange rate of Azerbaijani manat to the US dollar set by the Azerbaijani Central Bank, weakened by 0.0003 manats (0.03 percent) last week. Accordingly, the average rate was set at 1.04912 manats to 1 US dollar.

Official exchange rate of manat to US dollar:

July 20

-

July 27

1,0492

July 21

1,0499

July 28

1,0488

July 22

1,0495

July 29

1,0488

July 23

1,0495

July 30

1,0493

July 24

1,0494

July 31

1,0495

Average weekly

1,049575

Average weekly

1,04912

During the week, the official exchange rate of manat to euro, set by the CBA consolidated by 0.0059 manats (0.5 percent). Accordingly, the average rate was set at 1.1557 manats to 1 euro.

Official exchange rate of manat to euro:

July 20

-

July 27

1,1547

July 21

1,1365

July 28

1,1615

July 22

1,1476

July 29

1,1621

July 23

1,1487

July 30

1,1514

July 24

1,1515

July 31

1,1488

Average weekly

1,146075

Average weekly

1,1557

Last week, the price on one ounce of gold increased by 7.3559 manats (0.65 percent). Accordingly, the average price on gold amounted to 1144.53612 manats.

Change in the value of one ounce of gold:

July 20

-

July 27

1133,9754

July 21

1159,7195

July 28

1153,6800

July 22

1160,3272

July 29

1149,6946

July 23

1142,4857

July 30

1143,9993

July 24

1151,6116

July 31

1141,3313

Average weekly

1153,536

Average weekly

1144,53612

The trading at Baku Interbank Currency Exchange (BBVB) has not been carried out since the beginning of the year, so the exchange rate of manat is not formed.

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