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Weekly review of Azerbaijani currency market

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Date: 26 December 2015 13:42

Baku, Azerbaijan, Dec.26

By Anvar Mammadov – Trend:

The official exchange rate of Azerbaijani manat to the US dollar set by Azerbaijani Central Bank dropped by 0.004 manats (0.2581 percent). Accordingly, the average rate was set at 1.55204 manats to 1 US dollar.

Official exchange rate of manat to US dollar

Dec.14

1,0494

Dec.21

1,55

Dec.15

1,0491

Dec.22

1,5511

Dec.16

1,0495

Dec.23

1,5523

Dec.17

1,0499

Dec.24

1,5528

Dec.18

1,0499

Dec.25

1,554

Average weekly

1,04956

Average weekly

1,55204

During the week, the official exchange rate of manat to euro set by the CBA dropped by 0.0193 manats (1.1454 percent). Accordingly, the average rate was set at 1.69568 manats to 1 euro.

Official exchange rate of manat to euro

Dec.14

1,1501

Dec.21

1,685

Dec.15

1,1563

Dec.22

1,6939

Dec.16

1,1477

Dec.23

1,6978

Dec.17

1,1394

Dec.24

1,6974

Dec.18

1,1394

Dec.25

1,7043

Average weekly

1,14658

Average weekly

1,69568

The official exchange rate of Azerbaijani manat to the Russian ruble set by Azerbaijani Central Bank dropped by 0.0003 manats (1.3761 percent). Accordingly, the average rate was set at 0.02196 manats to 1 Russian ruble.

Official exchange rate of manat to Russian ruble

Dec.14

0,0149

Dec.21

0,0218

Dec.15

0,0149

Dec.22

0,0217

Dec.16

0,0149

Dec.23

0,0219

Dec.17

0,0149

Dec.24

0,0223

Dec.18

0,0148

Dec.25

0,0221

Average weekly

0,01488

Average weekly

0,02196

During the week, the official exchange rate of manat to Turkish lira set by the CBA dropped by 0.0001 manats (0.0188 percent). Accordingly, the average rate was set at 0.5317 manats to 1 Turkish lira.

Official exchange rate of manat to Turkish lira

Dec.14

0,3537

Dec.21

0,5323

Dec.15

0,3513

Dec.22

0,533

Dec.16

0,3539

Dec.23

0,529

Dec.17

0,3565

Dec.24

0,5318

Dec.18

0,3583

Dec.25

0,5324

Average weekly

0,35474

Average weekly

0,5317

This week, the price on one ounce of gold has increased by 9.1826 manats (0.5543 percent).

Accordingly, the average price for gold reached 1664,57552 manats.

Change in the value of one ounce of gold:

Dec.14

1125,4815

Dec.21

1656,55

Dec.15

1120,7011

Dec.22

1673,2491

Dec.16

1114,0443

Dec.23

1668,5673

Dec.17

1128,9050

Dec.24

1658,7786

Dec.18

1101,7651

Dec.25

1665,7326

Average weekly

1118,1794

Average weekly

1664,57552

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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