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.

As May 28 was a non-working day in Azerbaijan, the rate of manat in relation to other currencies was not set.

Official AZN/USD exchange rate
May 21	1,7	May 28	-
May 22	1,7	May 29	1,7
May 23	1,7	May 30	1,7
May 24	1,7	May 31	1,7
May 25	1,7	June 1	1,7
Average weekly	1,7	Average weekly	1,7

At the end of last week, the official exchange rate of manat against euro set by the CBA increased by 0.0082 manats or 0.4 percent last week.

Accordingly, the average AZN/EUR rate was set at 1.976775 manats.

Official AZN/EUR exchange rate
May 21	1,9978	May 28	-
May 22	2,0016	May 29	1,977
May 23	2,0001	May 30	1,962
May 24	1,9904	May 31	1,9829
May 25	1,9906	June 1	1,9852
Average weekly	1,9961	Average weekly	1,976775

The official exchange rate of manat to Russian ruble set by the CBA decreased by 0.0001 manats (0.4 percent) last week.

Accordingly, the average AZN/RUB rate was set at 0. 027225 manats.

Official AZN/RUB exchange rate
May 21	0,0273	May 28	-
May 22	0,0276	May 29	0,0273
May 23	0,0277	May 30	0,027
May 24	0,0277	May 31	0,0274
May 25	0,0276	June 1	0,0272
Average weekly	0,02758	Average weekly	0,027225

The official exchange rate of manat to Turkish lira set by the CBA increased by 0. 0045 manats (1.2 percent) last week.

Accordingly, the average AZN/TRY rate was set at 0. 3753 manats.

Official AZN/TRY exchange rate
May 21	0,3765	May 28	-
May 22	0,3709	May 29	0,3709
May 23	0,3570	May 30	0,3745
May 24	0,3716	May 31	0,3804
May 25	0,3585	June 1	0,3754
Average weekly	0,3669	Average weekly	0,3753

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