TODAY.AZ / Business

Weekly review of Azerbaijani currency market

By Trend

The official exchange rate of Azerbaijani manat against the US dollar set by the Central Bank of Azerbaijan (CBA) remained unchanged last week.

Accordingly, at the end of the week the average rate was set at 1.7 AZN/USD.

Official AZN/USD exchange rate
May 7	1.7	May 14	1.7
May 8	1.7	May 15	1.7
May 9	-	May 16	1.7
May 10	1.7	May 17	1.7
May 11	1.7	May 18	1.7
Average weekly	1.7	May 14	1.7

At the end of last week, the official exchange rate of manat against euro set by the CBA increased by 0.0257 manats or 1.2644 percent last week.

Accordingly, the average AZN/EUR rate was set at 2.0171 manats.

Official AZN/EUR exchange rate
May 7	2.0333	May 14	2.0326
May 8	2.0252	May 15	2.0252
May 9	-	May 16	2.0115
May 10	2.0185	May 17	2.0093
May 11	2.0255	May 18	2.0069
Average weekly	2.025625	Average weekly	2.0171

The official exchange rate of manat to Russian ruble set by the CBA decreased by 0.0002 manats (0.7273 percent) last week.

Accordingly, the average AZN/RUB rate was set at 0.02742 manats.

Official AZN/RUB exchange rate
May 7	0.0271	May 14	0.0275
May 8	0.0271	May 15	0.0275
May 9	-	May 16	0.0273
May 10	0.0270	May 17	0.0275
May 11	0.0275	May 18	0.0273
Average weekly	0,027175	Average weekly	0,02742

The official exchange rate of manat to Turkish lira set by the CBA increased by 0.0104 manats (2.6598 percent) last week.

Accordingly, the average AZN/TRY rate was set at 0.38512 manats.

Official AZN/TRY exchange rate
May 7	0.4018	May 14	0.3910
May 8	0.3966	May 15	0.3880
May 9		May 16	0.3821
May 10	0.3962	May 17	0.3839
May 11	0.4006	May 18	0.3806
Average weekly	0,3988	Average weekly	0,38512

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