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Weekly review of Azerbaijani currency market

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Date: 5 December 2015 13:32

Baku, Azerbaijan, Dec.5

By Anvar Mammadov – Trend:

The official exchange rate of Azerbaijani manat to the US dollar set by Azerbaijani Central Bank consolidated by 0.0017 manats (0.1617 percent). Accordingly, the average rate was set at 1.05086 manats to 1 US dollar.

Official exchange rate of manat to US dollar

Nov. 23

1,0511

Nov. 30

1,0512

Nov. 24

1,0510

Dec.1

1,0513

Nov. 25

1,0509

Dec.2

1,0511

Nov. 26

1,0511

Dec.3

1,0512

Nov. 27

1,0511

Dec.4

1,0495

Average weekly

1,05104

Average weekly

1,05086

During the week, the official exchange rate of manat to euro set by the CBA weakened by 0.0352 manats (3.1626 percent). Accordingly, the average rate was set at 1.12038 manats to 1 euro.

Official exchange rate of manat to euro

Nov. 23

1,1156

Nov. 30

1,1130

Nov. 24

1,1171

Dec.1

1,1117

Nov. 25

1,1198

Dec.2

1,1156

Nov. 26

1,1164

Dec.3

1,1134

Nov. 27

1,1152

Dec.4

1,1482

Average weekly

1,11682

Average weekly

1,12038

This week, the price on one ounce of gold has decreased by 3.8441 manats (0.3458 percent).

Accordingly, the average price for gold reached 1112.9 manats.

Change in the value of one ounce of gold:

Nov. 23

1137,0274

Nov. 30

1111,5389

Nov. 24

1125,0955

Dec.1

1116,3755

Nov. 25

1131,1888

Dec.2

1119,8419

Nov. 26

1122,5748

Dec.3

1109,4365

Nov. 27

1125,7281

Dec.4

1107,6948

Average weekly

1128,32292

Average weekly

1112,97752

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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