Weekly review of Azerbaijani currency market

Photo: Weekly review of Azerbaijani currency market / Business News

Baku, Azerbaijan, July 5
By Zulfiyya Gurbanova - Trend:

Last week the official rate of the manat to the U.S. dollar set by the Azerbaijani Central Bank (CBA) cheapened by 0.0001 points (0.01 percent). The average rate was established at 0.78438 AZN to 1 U.S. dollar.

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

June 23

0,7843

June 30

0,7843

June 24

0,7843

July 1

0,7844

June 25

0,7843

July 2

0,7844

June 26

-

July 3

0,7844

June 27

0,7843

July 4

0,7844

Average weekly

0,7843

Average weekly

0,78438

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 0.7829 AZN to 1 U.S. dollar.

Deals concluded last week at BEST comprised: June 30 - $5.553 million. No deals were concluded on July 1, July 2, July 3 and July 4.

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

June 23

0,7829

June 30

0,7829

June 24

0,7829

July 1

0,7829

June 25

0,7829

July 2

0,7829

June 26

-

July 3

0,7829

June 27

0,7829

July 4

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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