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Weekly review of Azerbaijani currency market

Business Materials 18 October 2014 10:49 (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 0.7843 AZN to 1 U.S. dollar
Weekly review of Azerbaijani currency market

Baku, Azerbaijan, Oct.18

By Maksim Tsurkov - 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 0.7843 AZN to 1 U.S. dollar.

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

October 6

-

October 13

0,7843

October 7

-

October 14

0,7843

October 8

0,7843

October 15

0,7843

October 9

0,7843

October 16

0,7843

October 10

0,7843

October 17

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), remained unchanged. The average rate was set at 0.7829 AZN to 1 U.S. dollar.

No deals were concluded at BEST last week.

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

October 6

-

October 13

0,7829

October 7

-

October 14

0,7829

October 8

0,7829

October 15

0,7829

October 9

0,7829

October 16

0,7829

October 10

0,7829

October 17

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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