Weekly review of Azerbaijani currency market

Photo: Weekly review of Azerbaijani currency market  / Finance

Baku, Azerbaijan, March 30

By Emin Aliyev - Trend:

Last week the official rate of the manat to the US dollar set by the Azerbaijani Central Bank (CBA) remained unchanged. The average rate was established at 0.7843 manat to 1 U.S. dollar.

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

March 17

0,7843

March 24

-

March 18

0,7843

March 25

-

March 19

0,7843

March 26

-

March 20

-

March 27

0,7843

March 21

-

March 28

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 manat 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 0.7830 manat to 1 U.S. dollar.

Deal concluded last week at BEST comprised: March 28 - $9.983 million. In connection with Novruz holiday, no deal was concluded from March 20-26. No deal was concluded on March 27 either.

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

March 17

0,7830

March 24

0,7830

March 18

0,7830

March 25

0,7830

March 19

0,7830

March 26

0,7830

March 20

0,7830

March 27

0,7830

March 21

0,7830

March 28

0,7830

Average weekly

0,7830

Average weekly

0,7830

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.

Translated by NH

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