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Weekly review of Azerbaijani currency market

Business Materials 20 September 2014 12:29 (UTC +04:00)
The official rate of AZN to the U.S. dollar set by the Azerbaijani Central Bank (CBA) reduced by 0.0001 points (0.01 percent). The average rate was established at 0.78436 AZN to 1 U.S. dollar.
Weekly review of Azerbaijani currency market

Baku, Azerbaijan, Sept. 20

By Azad Hasanli - Trend:

The official rate of AZN to the U.S. dollar set by the Azerbaijani Central Bank (CBA) reduced by 0.0001 points (0.01 percent). The average rate was established at 0.78436 AZN to 1 U.S. dollar.

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

Sept.8

0,7843

Sept.15

0,7843

Sept.9

0,7843

Sept.16

0,7843

Sept.10

0,7843

Sept.17

0,7844

Sept.11

0,7843

Sept.18

0,7844

Sept.12

0,7843

Sept.19

0,7844

Average weekly

0,7843

Average weekly

0,78436

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: September 17 - $15.17 million, September 18 - $11.2 million, September 19 - $7.7 million No deals were concluded on September 15-16.

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

Sept.8

0,7829

Sept.15

0,7829

Sept.9

0,7829

Sept.16

0,7829

Sept.10

0,7829

Sept.17

0,7829

Sept.11

0,7829

Sept.18

0,7829

Sept.12

0,7829

Sept.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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