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Weekly review of Azerbaijani currency market

Business Materials 20 December 2014 12:13 (UTC +04:00)
The official rate of AZN to the U.S. dollar set by the Azerbaijani Central Bank (CBA) consolidated by 0.0001 points (0.01 percent)
Weekly review of Azerbaijani currency market

Baku, Azerbaijan, Dec. 20

By Maksim Tsurkov - Trend:

The official rate of AZN to the U.S. dollar set by the Azerbaijani Central Bank (CBA) consolidated by 0.0001 points (0.01 percent). The average rate was established at 0.78446 AZN to 1 U.S. dollar.

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

Dec. 8

0,7845

Dec.15

0,7845

Dec.9

0,7845

Dec.16

0,7845

Dec.10

0,7845

Dec.17

0,7845

Dec.11

0,7845

Dec.18

0,7844

Dec.12

0,7845

Dec.19

0,7844

Average weekly

0,7845

Average weekly

0,78446

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: Dec. 15 - $8.293 million, Dec. 16 - $10.37 million. No deals were concluded on Dec.17, 18 and 19.

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

Dec. 8

0,7829

Dec.15

0,7829

Dec.9

0,7829

Dec.16

0,7829

Dec.10

0,7829

Dec.17

0,7829

Dec.11

0,7829

Dec.18

0,7829

Dec.12

0,7829

Dec.19

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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Follow the author on Twitter: @MaksimTsurkov

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