Azerbaijan’s Manat Exchange Rates Show Minor Fluctuations Against Major Currencies


Baku: The official exchange rate of the manat against the US dollar, set by the Central Bank of Azerbaijan (CBA), remained unchanged this week.



According to Trend News Agency, the weighted average exchange rate for the US dollar was consistent at 1.7 manat throughout the week. Meanwhile, the manat’s official exchange rate against the euro experienced a minor decline, dropping by 0.0068 manat. The weighted average exchange rate for the euro fell by 0.00054 manat, settling at 1.9806 manat per euro.



The exchange rate of the manat against 100 Russian rubles decreased slightly by 0.0004 manat, while the weighted average rate saw a decrease of 0.003 manat, reaching 2.1102 manat per 100 rubles. Additionally, the manat’s exchange rate against the Turkish lira fell by 0.0002 manat per 1 lira, with the weighted average rate decreasing by 0.00016 manat, amounting to 0.0414 manat per 1 lira.