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Weekly review of Azerbaijani currency market

Business Materials 28 June 2014 14:49 (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 0.7843 AZN to 1 U.S. dollar.
Weekly review of Azerbaijani currency market

Baku, Azerbaijan, June 28
By Zulfiyya Qurbanova - 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 0.7843 AZN to 1 U.S. dollar.

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

June 16

-

June 23

0,7843

June 17

0,7843

June 24

0,7843

June 18

0,7843

June 25

0,7843

June 19

0,7843

June 26

-

June 20

0,7843

June 27

0,7843

Average weekly

0,7843

Average weekly

0,7843

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) consolidated by 0.0013 points. The average rate was set at 0.783575 AZN to 1 U.S. dollar.

Deal concluded last week at BEST comprised: June 24 and June 25 - $7.594 million and $5.8 million. No deals were concluded on June 23, 26, 27.

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

June 16

-

June 23

0,7829

June 17

0,7842

June 24

0,7829

June 18

0,7843

June 25

0,7829

June 19

0,7829

June 26

-

June 20

0,7829

June 27

0,7829

Average weekly

0,783575

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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