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Weekly review of Azerbaijani currency market

Business Materials 29 November 2014 10:22 (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, Nov. 29

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:

Nov. 17

0,7843

Nov.24

0,7844

Nov.18

0,7845

Nov.25

0,7844

Nov.19

0,7845

Nov.26

0,7844

Nov.20

0,7844

Nov.27

0,7844

Nov.21

0,7844

Nov.28

0,7844

Average weekly

0,78442

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: Nov. 28 - $1.43 million.

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

Nov. 17

0,7829

Nov. 24

0,7829

Nov.18

0,7829

Nov. 25

0,7829

Nov.19

0,7829

Nov. 26

0,7829

Nov.20

0,7829

Nov. 27

0,7829

Nov.21

0,7829

Nov. 28

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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