Currency Rate Dynamics Of Azerbaijani Manat Against Euro Analyzed

10/30/2024 7:15:50 PM

(MENAFN- Trend News Agency) BAKU, Azerbaijan, October 30. The manat weakened against the euro at the end of September compared to the beginning of the month.

Data obtained by Trend from the Central bank of Azerbaijan (CBA) indicates that as of September 30, the euro exchange rate rose to 1.8976 manat.

The exchange rate dynamics show that the cost increased most on September 25 (by 0.73 percent, or 0.0137 manat, compared to the previous day).

Moreover, tracking the dynamics of the euro exchange rate, it almost reached a monthly maximum (1.8981) on September 20, but then a slight decrease in the value of the euro against the manat followed.

Thus, the exchange rate decreased by 0.43 percent (or 0.0082 manat) to 1.8896 manat per euro compared to the previous day, on September 24.

The largest decrease occurred on September 26, when the exchange rate decreased by 0.48 percent (or 0.0092 manat) to 1.8941 manat.

At the end of the month, the average exchange rate was 1.8877 manat per euro. The exchange rate reached its maximum level on September 25 (1.9033 manat per euro) and its minimum level on September 12 (1.8727 manat per euro).

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