Weekly Review Of Azerbaijan's Currency Market

RunWithRugs · 2026-03-22T04:52:33+00:00

The manat's exchange rates against the dollar, euro, Russian ruble, and Turkish lira have decreased over the week, with average rates stabilizing around 1.7 manat per dollar, 1.9529 per euro, 2.07565 per 100 rubles, and 0.038475 per lira.

RunWithRugs

2026-03-22 04:52:33

Abstract generation in progress

MENAFN** BAKU, Azerbaijan, March 22.**

The weighted average rate at the end of the week amounted to 1.7 manat per dollar.

Official exchange rate of the manat against the dollar
March 9

| March 16 | 1.7 | | March 10 | 1.7 | March 17 | 1.7 | | March 11 | 1.7 | March 18 | 1.7 | | March 12 | 1.7 | March 19 | 1.7 | | March 13 | 1.7 | March 20 |
| | \| Average rate per week \| \| — \| \| | 1.7 | \| Average rate per week \| \| — \| \| | 1.7 |

The official exchange rate of the manat against the euro decreased by 0.0045 manat this week, while the weighted average rate dipped by 0.014075 manat, amounting to 1.952925 manat per euro.

Official exchange rate of the manat against the euro
March 9

| March 16 | 1.9453 | | March 10 | 1.974 | March 17 | 1.9545 | | March 11 | 1.9777 | March 18 | 1.9621 | | March 12 | 1.9607 | March 19 | 1.9498 | | March 13 | 1.9556 | March 20 |
| | \| \\\| \\\| \\\| — \\\| Average rate per week \\\| \\\| \| \| — \| — \| — \| — \| — \| — \| — \| \| | 1.967 | \| \\\| \\\| \\\| — \\\| Average rate per week \\\| \\\| \| \| — \| — \| — \| — \| — \| — \| — \| \| | 1.952925 |

The official exchange rate of the manat against 100 Russian rubles decreased by 0.0942 this week, while the weighted average went down by 0.07465 manat, amounting to 2.07565 manat per 100 rubles.

Official exchange rate of the manat against the Russian ruble
March 9

| March 16 | 2.1208 | | March 10 | 2.1677 | March 17 | 2.0926 | | March 11 | 2.1527 | March 18 | 2.0626 | | March 12 | 2.1452 | March 19 | 2.0266 | | March 13 | 2.1356 | March 20 |
| | \| Average rate per week \| \| — \| \| | 2.1503 | \| Average rate per week \| \| — \| \| | 2.07565 |

The official exchange rate of the manat against the Turkish lira dipped by 0.0001 to 0.0384 this week, and the weighted average rate decreased by 0.00018 manat, making 0.038475 manat per one lira.

Official exchange rate of the manat against the Turkish lira

March 9

| March 16 | 0.0385 | | March 10 | 0.0386 | March 17 | 0.0385 | | March 11 | 0.0386 | March 18 | 0.0385 | | March 12 | 0.0385 | March 19 | 0.0384 | | March 13 | 0.0385 | March 20 |
| | \| Average rate per week \| \| — \| \| | 0.038655 | \| Average rate per week \| \| — \| \| | 0.038475 |

Since International Women’s Day on March 8, 2026, falls on a Sunday, the following working day, Monday, March 9, is also observed as a non-working day under Azerbaijan’s Labor Code. At the same time, March 20 is also considered a non-working day due to the Novruz and Ramadan holidays. Consequently, the information pertaining to those dates remains undisclosed.

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