Weekly review of Azerbaijani currency market

Weekly review of Azerbaijani currency market
13:37 20 İyun 2015
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Baku, Azerbaijan, June 20

By Azad Hasanli – Trend:

The official exchange rate of Azerbaijani manat to the US dollar set by the Azerbaijani Central Bank, increased by 0.0004 manats (0.038 percent) last week. Accordingly, the average rate was set at 1.047625 manats to 1 US dollar.

Official exchange rate of manat to US dollar:

June 8

1,0487

June 15

-

June 9

1,0476

June 16

1,0478

June 10

1,0478

June 17

1,0479

June 11

1,0477

June 18

1,0474

June 12

1,0479

June 19

1,0474

Average weekly

1,04794

Average weekly

1,047625

During the week, the official exchange rate of manat to euro, set by the CBA reduced by 0.0093 manats (0.79 percent). Accordingly, the average rate was set at 1.18575 manats to 1 euro.

Official exchange rate of manat to euro:

June 8

1,1645

June 15

-

June 9

1,1858

June 16

1,1818

June 10

1,1820

June 17

1,1801

June 11

1,1841

June 18

1,1900

June 12

1,1801

June 19

1,1911

Average weekly

1,1793

Average weekly

1,18575

Last week, the price on one ounce of gold increased by 20.9468 manats (1.69 percent). Accordingly, the average price on gold amounted to 1244,35965 manats.

Change in the value of one ounce of gold:

June 8

1231,46

June 15

-

June 9

1231,56

June 16

1237,8709

June 10

1233,6797

June 17

1237,23

June 11

1242,70

June 18

1243,52

June 12

1239,70

June 19

1258,8177

Average weekly

1235,81994

Average weekly

1244,35965

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: @AzadHasanli

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