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Weekly review of Azerbaijani currency market

Business Materials 4 October 2014 10:15 (UTC +04:00)
The official rate of AZN to the U.S. dollar set by the Azerbaijani Central Bank (CBA) remained unchanged. The average rate was established at 0.7844 AZN to 1 U.S. dollar
Weekly review of Azerbaijani currency market

Baku, Azerbaijan, Oct.4

By Azad Hasanli - Trend:

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

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

September 22

0,7844

September 29

0,7844

September 23

0,7844

September 30

0,7844

September 24

0,7844

October 1

0,7844

September 25

0,7844

October 2

0,7844

September 26

0,7844

October 3

0,7844

Average weekly

0,7844

Average weekly

0,7844

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: September 30 - $13.01 million. No deals were concluded on September 29, and October 1, 2, 3.

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

September 22

0,7829

September 29

0,7829

September 23

0,7829

September 30

0,7829

September 24

0,7829

October 1

0,7829

September 25

0,7829

October 2

0,7829

September 26

0,7829

October 3

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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