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 14	1.7	May 21	1.7
May 15	1.7	May 22	1.7
May 16	1.7	May 23	1.7
May 17	1.7	May 24	1.7
May 18	1.7	May 25	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 0.0072 manats or 0.3604 percent last week.

Accordingly, the average AZN/EUR rate was set at 1.9961 manats.

Official AZN/EUR exchange rate
May 14	2.0326	May 21	1.9978
May 15	2.0252	May 22	2.0016
May 16	2.0115	May 23	2.0001
May 17	2.0093	May 24	1.9904
May 18	2.0069	May 25	1.9906
Average weekly	2.0171	Average weekly	1.9961

The official exchange rate of manat to Russian ruble set by the CBA decreased by 0.0003 manats (1.0989 percent) last week.

Accordingly, the average AZN/RUB rate was set at 0.02758 manats.

Official AZN/RUB exchange rate
May 14	0.0275	May 21	0.0273
May 15	0.0275	May 22	0.0276
May 16	0.0273	May 23	0.0277
May 17	0.0275	May 24	0.0277
May 18	0.0273	May 25	0.0276
Average weekly	0.02742	Average weekly	0.02758

The official exchange rate of manat to Turkish lira set by the CBA increased by 0.018 manats (4.7809 percent) last week.

Accordingly, the average AZN/TRY rate was set at 0.3669 manats.

Official AZN/TRY exchange rate
May 14	0.3910	May 21	0.3765
May 15	0.3880	May 22	0.3709
May 16	0.3821	May 23	0.3570
May 17	0.3839	May 24	0.3716
May 18	0.3806	May 25	0.3585
Average weekly	0.38512	Average weekly	0.3669

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