Currency market review in Azerbaijan

As a result of last week official rate of manat in respect to US dollar, set by the National Bank of Azerbaijan grew 3 points or 0.065%. Average rate over 5 working days was established as 4592 manats per 1 US dollar. As a result of the week from 5 through 9 December average rate of US dollar turned out 1.6 points or 0.035% down than the similar figure, calculated on the base of rates, established in the week from 28 November through 2 December.

Last week maximum rate of US dollar in respect to manat was established on 5, 6 and 7 December (4593 manats per 1 US dollar), minimum вЂ" 9 December (4590 manats per US dollar). Difference between maximum and minimum official rate of manat in respect to US dollar, set by the National Bank of Azerbaijan, comprised 3 points, or 0.065%.

Review of the currency market

As of results of last week exchange rates of Azerbaijani manat in respect to US dollar, established on the base of results of the Baku Interbank Currency Exchange (BBVB) dropped 3 points or 0.065%. Average rate over 5 working days of last week was established as 4592 manats per US dollar. The average rate of US dollar in the end of the week from 5 through 9 December was set as 1.128 points or 0,025% more than the similar figure calculated on the base of rate established in the week from 28 through 2 December.

Last week maximum rates of US dollar in regard to Azerbaijani manat was fixed on 5, 6 and 7 December (4593 manats per 1 US dollar), minimum вЂ" on 9 December (4590 manats per 1 US dollar). Difference between maximum and minimum exchange rates of manat in respect to US dollar, set by the National Bank of Azerbaijan made up 3 manats or o,065%.