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WEEKLY REVIEW OF AZERI CURRENCY MARKET

This article was published on 10 September 2017 at 04:01 AM. It has 26 views so far.

The official exchange rate of Azerbaijani manat against the US dollar set by the Central Bank of Azerbaijan (CBA) increased by 0.0001 manats (0.0059 percent) last week.

Accordingly, the average rate was set at 1.700925 AZN/USD.

Official AZN/USD exchange rate
Aug. 281.7009Sept. 4
Aug. 291.7009Sept. 51.7010
Aug. 301.7010Sept. 61.7009
Aug. 311.7010Sept. 71.7009
Sept. 1Sept. 81.7009
Average weekly1.70095Average weekly1.700925

The official exchange rate of manat against euro set by the CBA decreased by 0.0275 manats or 1.358 percent last week.

Accordingly, the average AZN/EUR rate was set at 2.033125 manats.

Official AZN/EUR exchange rate
Aug. 282.0276Sept. 4
Aug. 292.0367Sept. 52.0251
Aug. 302.0367Sept. 62.0265
Aug. 312.0204Sept. 72.0283
Sept. 1Sept. 82.0526
Average weekly2.03035Average weekly2.033125

The official exchange rate of manat to Russian ruble set by the CBA decreased by 0.0005 (1.7007 percent) last week.

Accordingly, the average AZN/RUB rate was set at 0.029625 manats.

Official AZN/RUB exchange rate
Aug. 280.029Sept. 4
Aug. 290.0291Sept. 50.0294
Aug. 300.0289Sept. 60.0295
Aug. 310.0291Sept. 70.0297
Sept. 1Sept. 80.0299
Average weekly0.029025Average weekly0.029625

The official exchange rate of manat to Turkish lira set by the CBA decreased by 0.0043 manats or 0.8666 percent last week.

Accordingly, the average AZN/TRY rate was set at 0.49695 manats.

Official AZN/TRY exchange rate
Aug. 280.4939Sept. 4
Aug. 290.4921Sept. 50.4962
Aug. 300.4932Sept. 60.4949
Aug. 310.4922Sept. 70.4962
Sept. 1Sept. 80.5005
Average weekly0.49285Average weekly0.49695

Last week, the price of one ounce of gold increased by 11.8833 manats or by 0.5227 percent.

Accordingly, the average price of one ounce of gold stood at 2276.4053 manats.

Change in price of one ounce of gold
Aug. 282186.1668Sept. 4
Aug. 292239.3624Sept. 52273.2759
Aug. 302243.0237Sept. 62271.6370
Aug. 312225.7585Sept. 72275.5491
Sept. 1Sept. 82285.1592
Average weekly2223.57785Average weekly2276.4053