Weekly review of Azerbaijani currency market

Photo: Weekly review of Azerbaijani currency market  / Economy news

Baku, Azerbaijan, April 12

By Abbas Akhundov - Trend:

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

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

March 31

0,7843

April 7

0,7844

April 1

0,7843

April 8

0,7844

April 2

0,7843

April 9

0,7844

April 3

0,7843

April 10

0,7844

April 4

0,7844

April 11

0,7844

Average weekly

0,78432

Average weekly

0,7844

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: April 7 - $1.787 million, April 11 - $0.2 million. No deal was concluded during the rest days.

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

March 31

0,7830

April 7

0,7830

April 1

0,7830

April 8

0,7830

April 2

0,7830

April 9

0,7830

April 3

0,7830

April 10

0,7830

April 4

0,7830

April 11

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.

translated by NH

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