Weekly review of Azerbaijani currency market

Weekly review of Azerbaijani currency market
11:32 30 May 2015
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Baku, Azerbaijan, May 30

By Maksim Tsurkov – Trend:

The official exchange rate of Azerbaijani manat to the US dollar set by the Azerbaijani Central Bank, reduced by 0.0001 manats (0.01 percent) last week. Accordingly, the average weighted rate was set at 1.0495 manats to 1 US dollar.

Official exchange rate of manat to US dollar:

May 18

1,0471

May 25

1.0493

May 19

1,0477

May 26

1,0495

May 20

1,0485

May 27

1,0498

May 21

1,0486

May 28

-

May 22

1,0485

May 29

1,0494

Average weekly

1,0481

Average weekly

1,0495

During the week, the official exchange rate of manat to euro, set by the CBA consolidated by 0.031 manats (0.3 percent). Accordingly, the average weighted rate was set at 1.1484 manats to 1 euro.

Official exchange rate of manat to euro:

May 18

1,1969

May 25

1.1529

May 19

1,1842

May 26

1,1485

May 20

1,1680

May 27

1,1423

May 21

1,1662

May 28

-

May 22

1,1688

May 29

1,1498

Average weekly

1,17682

Average weekly

1,1484

Last week, the price on one ounce of gold dropped by 20.451 manats (1.62 percent). Accordingly, the average weighted price on gold amounted to 1254.158 manats.

Change in the value of one ounce of gold:

May 18

1277,9856

May 25

1263.99

May 19

1281,8610

May 26

1264,67

May 20

1273,1936

May 27

1244,4329

May 21

1269,3303

May 28

-

May 22

1265,88

May 29

1243,539

Average weekly

1273,6501

Average weekly

1254,158

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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Follow the author on Twitter: @MaksimTsurkov

Follow us on Twitter @TRENDNewsAgency


Xəbərin orijinal ünvanı: http://en.trend.az/azerbaijan/business/2400585.html

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