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Weekly review of Azerbaijani currency market

Business Materials 14 June 2014 14:21 (UTC +04:00)
Last week the official rate of the AZN to the U.S. dollar set by the Azerbaijani Central Bank remained unchanged. The average rate was established at 0.78424 AZN to 1 U.S. dollar.
Weekly review of Azerbaijani currency market

Baku, Azerbaijan, June 14
By Emin Aliyev - Trend:

Last week the official rate of the AZN to the U.S. dollar set by the Azerbaijani Central Bank remained unchanged. The average rate was established at 0.78424 AZN to 1 U.S. dollar.

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

June 2

0,7844

June 9

0,7843

June 3

0,7844

June 10

0,7842

June 4

0,7844

June 11

0,7842

June 5

0,7843

June 12

0,7842

June 6

0,7843

June 13

0,7843

Average weekly

0,78436

Average weekly

0,78424

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 0.78318 AZN to 1 U.S. dollar.

Deal concluded last week at BEST comprised: June 10 - $5.324 million. No deals were concluded on June 9, 11, 12, 13.

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

June 2

0,7829

June 9

0,7829

June 3

0,7829

June 10

0,7829

June 4

0,7829

June 11

0,7829

June 5

0,7829

June 12

0,7843

June 6

0,7829

June 13

0,7829

Average weekly

0,7829

Average weekly

0,78318

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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