Weekly review of Azerbaijani currency market

Photo: Weekly review of Azerbaijani currency market / Business News

Baku, Azerbaijan, July 12
By Emin Aliyev - Trend:

Last week the official rate of the manat 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 manat to 1 U.S. dollar:

June 30

0,7843

July 7

0,7844

July 1

0,7844

July 8

0,7844

July 2

0,7844

July 9

0,7844

July 3

0,7844

July 10

0,7844

July 4

0,7844

July 11

0,7844

Average weekly

0,78438

Average weekly

0,7844

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: July 7- $6.07 million, July 10- $4,55 million, July 11- $1,2 million. No deals were concluded on July 8, July 9.

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

June 30

0,7829

July 7

0,7829

July 1

0,7829

July 8

0,7829

July 2

0,7829

July 9

0,7829

July 3

0,7829

July 10

0,7829

July 4

0,7829

July 11

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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