TODAY.AZ / Business

Weekly review of Azerbaijani currency market

12 May 2018 [13:59] - TODAY.AZ

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.

On May 9, the Victory Day over Fascism, the official exchange rate of manat against foreign currencies wasn’t formed due to a non-working day.

Official AZN/USD exchange rate

April 30

1.7

May 7

1.7

May 1

1.7

May 8

1.7

May 2

1.7

May 9

-

May 3

1.7

May 10

1.7

May 4

1.7

May 11

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 0.0078 manats or 0.3836 percent last week.

Accordingly, the average AZN/EUR rate was set at 2.025625 manats.

Official AZN/EUR exchange rate

April 30

2.0618

May 7

2.0333

May 1

2.0522

May 8

2.0252

May 2

2.0404

May 9

-

May 3

2.0378

May 10

2.0185

May 4

2.0377

May 11

2.0255

Average weekly

2.04598

Average weekly

2.025625

The official exchange rate of manat to Russian ruble set by the CBA decreased by 0.0004 manats (1.476 percent) last week.

Accordingly, the average AZN/RUB rate was set at 0.027175 manats.

Official AZN/RUB exchange rate

April 30

0.0272

May 7

0.0271

May 1

0.027

May 8

0.0271

May 2

0.0268

May 9

-

May 3

0.0267

May 10

0.0270

May 4

0.027

May 11

0.0275

Average weekly

0.02694

Average weekly

0.027175

The official exchange rate of manat to Turkish lira set by the CBA increased by 0.0012 manats (0.2987 percent) last week.

Accordingly, the average AZN/TRY rate was set at 0.3988 manats.

Official AZN/TRY exchange rate

April 30

0.4198

May 7

0.4018

May 1

0.4186

May 8

0.3966

May 2

0.414

May 9

May 3

0.4082

May 10

0.3962

May 4

0.4024

May 11

0.4006

Average weekly

0.4126

Average weekly

0.3988


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