Weekly review of Azerbaijani currency market

Photo: Weekly review of Azerbaijani currency market / Economy news

Baku, Azerbaijan, August 2

By Ilaha Mammadli - Trend:

The official rate of AZN to the U.S. dollar set by the Azerbaijani Central Bank (CBA) cheapened by 0.0001 points (0.01 percent). The average rate was established at 0.78423 AZN to 1 U.S. dollar.

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

July 21

0.7843

July 28

-

July 22

0.7843

July 29

-

July 23

0.7843

July 30

0.7842

July 24

0.7843

July 31

0.7842

July 25

0.7842

August 1

0.7843

Average weekly

0.78428

Average weekly

0.78423

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 0.7829 AZN to 1 U.S. dollar.

Deals concluded last week at BEST comprised: July 30 - $5.185 million and July 31 - $7.309 million. No deals were concluded on July 28 and 29 and August 1.

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

July 21

0.7829

July 28

-

July 22

0.7829

July 29

-

July 23

0.7829

July 30

0.7829

July 24

0.7829

July 31

0.7829

July 25

0.7829

August 1

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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