BAKU, Azerbaijan, June 24 — The Central Bank of Azerbaijan (CBA) has published the official currency exchange rates for June 24. These rates indicate the value of foreign currencies against the Azerbaijani manat and help guide financial and commercial transactions across the country.
According to the CBA, the US dollar remains stable at 1.7 manat, showing no change from previous rates. This stability in the dollar rate is significant, as it is a key currency for trade and investment.
The euro is valued at 1.9729 manat. This rate reflects ongoing market conditions in Europe and affects businesses and consumers who trade with or travel to Eurozone countries.
The Turkish lira stands at 0.0429 manat, while 100 Russian rubles are priced at 2.1656 manat. Both currencies are important for Azerbaijan due to close economic ties with Turkey and Russia.
The Central Bank also published exchange rates for a range of other currencies, including the British pound, Swiss franc, Canadian dollar, Chinese yuan, and several regional currencies. These rates fluctuate daily based on international currency markets and economic factors.
Here are some notable currency rates against the Azerbaijani manat as of June 24:
British pound (GBP): 2.3058 manat
Swiss franc (CHF): 2.0937 manat
Canadian dollar (CAD): 1.2392 manat
Chinese yuan (CNY): 0.2368 manat
UAE dirham (AED): 0.4629 manat
The exchange rate information is critical for businesses engaged in imports and exports, travelers, and financial institutions. The Central Bank’s daily updates ensure transparency and help maintain economic stability in Azerbaijan’s currency market.
