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Weekly review of Azerbaijani currency market

Economy Materials 27 September 2014 12:32 (UTC +04:00)
The official rate of AZN to the U.S. dollar set by the Azerbaijani Central Bank (CBA) remained unchanged. The average rate was established at 0.7844 AZN to 1 U.S. dollar.
Weekly review of Azerbaijani currency market

Baku, Azerbaijan, Sept. 27

By Ilaha Mammadli - Trend:

The official rate of AZN to the U.S. dollar set by the Azerbaijani Central Bank (CBA) remained unchanged. The average rate was established at 0.7844 AZN to 1 U.S. dollar.

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

Sept.15

0,7843

Sept.22

0,7844

Sept.16

0,7843

Sept.23

0,7844

Sept.17

0,7844

Sept.24

0,7844

Sept.18

0,7844

Sept.25

0,7844

Sept.19

0,7844

Sept.26

0,7844

Average weekly

0,78436

Average weekly

0,7844

As a result of last week's exchange, the stock exchange price of the Azerbaijani AZN 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 0.7829 AZN to 1 U.S. dollar.

Deals concluded last week at BEST comprised: September 23 - $5.536 million, September 25 - $0.388 million. No deals were concluded on September 22, 24 and 26.

Exchange rate of AZN to 1 U.S. dollar:

Sept.15

0,7829

Sept.22

0,7829

Sept.16

0,7829

Sept.23

0,7829

Sept.17

0,7829

Sept.24

0,7829

Sept.18

0,7829

Sept.25

0,7829

Sept.19

0,7829

Sept.26

0,7829

Average weekly

0,7829

Average weekly

0,7829

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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