Weekly review of Azerbaijani currency market

Last week the official rate of the manat to the US dollar set by the Azerbaijani Central Bank (CBA) increased by 0.0001 points (or by 0.01 percent).
The average rate was established at 0.78442 manat to 1 U.S. dollar.
Official rate of manat to 1 U.S. dollar: |
|||
December 9 |
0.7843 |
December 16 |
0.7844 |
December 10 |
0.7843 |
December 17 |
0.7844 |
December 11 |
0.7843 |
December 18 |
0.7844 |
December 12 |
0.7843 |
December 19 |
0.7844 |
December 13 |
0.7844 |
December 20 |
0.7845 |
Average weekly |
0.78432 |
Average weekly |
0.78442 |
As a result of last week's exchange, the stock exchange price of the Azerbaijani manat to the U.S. dollar, established based on results from the Baku Inter-bank Currency Exchange (BICEX) remained unchanged. The average rate was set at 0.7835 manat to 1 U.S. dollar.
Deals concluded last week at BEST with transition to currency (T+0) comprised: December 16 - $ 0.96 million, December 17,18,19 and 20- no deals were concluded.
Exchange rate of manat to 1 U.S. dollar: |
|||
December 9 |
0.7835 |
December 16 |
0.7835 |
December 10 |
0.7835 |
December 17 |
0.7835 |
December 11 |
0.7835 |
December 18 |
0.7835 |
December 12 |
0.7835 |
December 19 |
0.7835 |
December 13 |
0.7835 |
December 20 |
0.7835 |
Average weekly |
0.7835 |
Average weekly |
0.7835 |
No deal was concluded with USD/AZN T+1 and T+2 due to lack of appeals made by dealers. Appeals on EUR/AZN and RUB/AZN were not made by banks in BEST.
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