NEWS FEED
Zoom
10:32 22 July
10:21 21 July
TOP 5

Average daily exchange rate of USD against AZN in Q1 announced

Average exchange rate of manat was set on the basis of interbank deals (auctions and operations out of auctions), said the Central Bank’s Monetary Policy Review for January-March 2017.

“USD, which went up in January and first half of February, has started to decline since the second half of February. As of February 1, 2017, the USD reached AZN 1.9200 while it was AZN 1.7707 as at end of 2016. As of March 23, 2017 the exchange rate of USD made up 1.7200. As at the end of the first quarter, the USD declined 2.6%. During the quarter, 1 USD made up AZN 1.7848”, the bank said.

 
According to the document, dynamic of bilateral exchange rates affected the dynamic of multilateral exchange rate. So, real effective exchange rate of manat on non-oil sector rose 3.6%.  

Related news releases

VİDEO NEWS

PHOTO NEWS

  • Meeting of Presidents of Russia and Azerbaijan held in Sochi
  • President Ilham Aliyev arrived in Russia for working visit
+2
EXCHANGE RATE
FOREX
/ 22 July , 2017

USD
1.7012
 
EUR
1.9783
 
RR
0.0289