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Weekly review of Azerbaijani currency market

5 May 2014 08:56 (UTC+04:00)
Weekly review of Azerbaijani currency market

Last week the official rate of the manat to the U.S. dollar set by the Central Bank of Azerbaijan remained unchanged. The average rate was established at 0.7843 manat to 1 U.S. dollar.

Official rate of manat to 1 U.S. dollar:

April 21

0,7843

April 28

0,7843

April 22

0,7843

April 29

0,7843

April 23

0,7843

April 30

0,7843

April 24

0,7843

May 1

0,7843

April 25

0,7843

May 2

0,7843

Average weekly

0,7843

Average weekly

0,7843

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 0.7830 manat to 1 U.S. dollar.

Deal concluded last week at BEST comprised: Apr. 28- $0.841 million, Apr. 29- $1.931 million, Apr. 30 -$2.235 million, May 1 - $1 million and May 2 - $ 0.710 million.

Official rate of manat to 1 U.S. dollar:

April 21

0,7830

April 28

0,7830

April 22

0,7830

April 29

0,7830

April 23

0,7830

April 30

0,7830

April 24

0,7830

May 1

0,7830

April 25

0,7830

May 2

0,7830

Average weekly

0,7830

Average weekly

0,7830

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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