Weekly review of Azerbaijani currency market

Photo: Weekly review of Azerbaijani currency market
 / Economy news

Baku, Azerbaijan, Jan. 25

By Abbas Akhundov -Trend:

Last week the official rate of the manat to the US dollar set by the Azerbaijani Central Bank (CBA) appreciated by 0.0001 points. The average rate was established at 0.78435 manat to 1 U.S. dollar.

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

Jan. 13

0,7844

Jan.20

-

Jan.14

0,7845

Jan.21

0,7844

Jan.15

0,7845

Jan.22

0,7844

Jan.16

0,7845

Jan.23

0,7843

Jan.17

0,7844

Jan.24

0,7843

Average weekly

0,78446

Average weekly

0,78435

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.

No deals were concluded last week at BEST.

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

Jan.13

0,7835

Jan.20

0,7835

Jan.14

0,7835

Jan.21

0,7835

Jan.15

0,7835

Jan.22

0,7835

Jan.16

0,7835

Jan.23

0,7835

Jan.17

0,7835

Jan.24

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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