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Weekly review of Azerbaijani currency market

Business Materials 13 December 2014 11:28 (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 0.7845 AZN to 1 U.S. dollar
Weekly review of Azerbaijani currency market

Baku, Azerbaijan, Dec. 13

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 0.7845 AZN to 1 U.S. dollar.

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

Dec. 1

0,7844

Dec.8

0,7845

Dec.2

0,7844

Dec.9

0,7845

Dec.3

0,7844

Dec.10

0,7845

Dec.4

0,7845

Dec.11

0,7845

Dec.5

0,7845

Dec.12

0,7845

Average weekly

0,78444

Average weekly

0,7845

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 last week at BEST.

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

Dec. 1

0,7829

Dec.8

0,7829

Dec.2

0,7829

Dec.9

0,7829

Dec.3

0,7829

Dec.10

0,7829

Dec.4

0,7829

Dec.11

0,7829

Dec.5

0,7829

Dec.12

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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Azad Hasanli is Trend Agency's staff journalist, follow him on Twitter: @AzadHasanli

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