Weekly review of Azerbaijani currency market

Photo: Weekly review of Azerbaijani currency market / Economy news

Baku, Azerbaijan, June 7
By Emin Aliyev - Trend:

Last week the official rate of the AZN to the U.S. dollar set by the Azerbaijani Central Bank (CBA) consolidated by 0.0001 points (0.01 percent). The average rate was established at 0.78436 AZN to 1 U.S. dollar.

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

May 26

0,7844

June 2

0,7844

May 27

0,7844

June 3

0,7844

May28

-

June 4

0,7844

May29

0,7844

June 5

0,7843

May 30

0,7844

June 6

0,7843

Average weekly

0,7844

Average weekly

0,78436

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 0.7829 AZN to 1 U.S. dollar.

Deal concluded last week at BEST comprised: June 2 - $4.492 million, June 3 - $2.179 million, June 4 -$6.433 million, and June 5 - $0.89 million. No deals were concluded on June 6.

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

May 26

0,7829

June 2

0,7829

May 27

0,7829

June 3

0,7829

May28

-

June 4

0,7829

May29

0,7829

June 5

0,7829

May 30

0,7829

June 6

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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