Azerbaijan Manat Exchange Rates Stabilize Amid Stable Global Markets

The Azerbaijani manat's exchange rate against major currencies remained relatively stable this week, according to data from the Central Bank of Azerbaijan (CBA). The weighted average exchange rate for the US dollar was unchanged at 1.7000 manats.

The official exchange rate of the Azerbaijani manat against the euro fell by 0.0228 manat to 1.92608 manats per euro, while the weighted average exchange rate decreased by 0.01644 manat compared to the previous week.

In contrast, the official exchange rate of the manat against 100 Russian rubles increased by 0.0041 manat to 2.0215 manats per 100 rubles, with a corresponding weighted average exchange rate increase of 0.00686 manat.