Weekly review of Azerbaijani currency market

Photo: Weekly review of Azerbaijani currency market / Finance

Baku, Azerbaijan, Aug. 30

By Zulfiyya Gurbanova - 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:

Aug. 18

0,7842

Aug. 25

0,7844

Aug. 19

0,7842

Aug. 26

0,7844

Aug. 20

0,7842

Aug. 27

0,7844

Aug. 21

0,7842

Aug. 28

0,7844

Aug. 22

0,7844

Aug. 29

0,7844

Average weekly

0,78424

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: August 26 - $2.9 million, August 27 - $8.6 million. No deals were concluded on August 25, 28 and 29.

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

Aug. 18

0,7829

Aug. 25

0,7829

Aug. 19

0,7829

Aug. 26

0,7829

Aug. 20

0,7829

Aug. 27

0,7829

Aug. 21

0,7829

Aug. 28

0,7829

Aug. 22

0,7829

Aug. 29

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.

Follow us on Twitter @TRENDNewsAgency