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Weekly review of Azerbaijani currency market

Business Materials 26 April 2014 12:48 (UTC +04:00)
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.
Weekly review of Azerbaijani currency market

Baku, Azerbaijan, April 26
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:

April 14

0,7844

April 21

0,7843

April 15

0,7843

April 22

0,7843

April 16

0,7843

April 23

0,7843

April 17

0,7843

April 24

0,7843

April 18

0,7843

April 25

0,7843

Average weekly

0,78432

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: April 21 - $1.07 million, April 22 - $3.196 million, April 23 - $3.674 million, April 24 - $ 2.115 million and April 25- $3.813 million.

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

April 14

0,7830

April 21

0,7830

April 15

0,7830

April 22

0,7830

April 16

0,7830

April 23

0,7830

April 17

0,7830

April 24

0,7830

April 18

0,7830

April 25

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 S.I.

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