Azerbaijan Manat Exchange Rates Decline Against Euro, Rise Against Turkish Lira

The Central Bank of Azerbaijan has released the exchange rates for the Azerbaijani manat against foreign currencies on July 31. The manat has fallen in value to the euro and Russian ruble, but increased in value against the Turkish lira. It remains stable against the US dollar.

According to the CBA, the exchange rate for one US dollar is 1.7000 AZN, which is unchanged from July 30. The manat has fallen by 0.5% to the euro, with a rate of 1.9564 AZN per euro. It has also decreased by 0.28% against the Turkish lira, with a rate of 0.0358 AZN per lira.

The CBA reports that the manat has increased in value against several other currencies, including the Australian dollar (+1.1%), Canadian dollar (+0.25%), Chinese yuan (+0.2%), and Swiss franc (+1.06%).