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Weekly review of Azerbaijani currency market

Politics Materials 3 April 2006 12:43
Weekly review of Azerbaijani currency market

As a result of the last week official rate of manat in regard to US dollar, set by the National Bank of Azerbaijan grew 0,0007 point or 0.07%. Average rate was established as 0.90046 manats per 1 US dollar, Trend reports.

Last week maximum rate of US dollar in respect to manat was established on 27 and 28 March (0.9097 manats per 1 US dollar), minimum 31 March (0.9090 manats per US dollar

Official rate of AZN in regard to USD

20 March

-

27 March

0,9097

21

March

-

28 March

0,9097

22 March

0,9104

29 March

0,9096

23 March

0,9100

30 March

0,9093

24 March

0,9100

31 March

0,9090

Average weekly

0,91013

Average weekly

0,90946



As of results of the last week exchange rates of Azerbaijani manat in regard to US dollar, established on the base of results of the Baku Interbank Currency Exchange (BICEX) increased by 0,0012 point or 0.12%. Average rate was fixed as 0.9091 manats per US dollar.

Last week maximum rate of US dollar in respect to manat was established on 27 March (0.9097 manats per 1 US dollar), minimum 31 March (0.9085 manats per US dollar).

Deals concluded last week at BEST with transition to currency (T+0) comprised $0,450 with average sustained exchange rate of 0,9097 AZN/USD on 27 March, $5m with average sustained rate of 0,9093 AZN/USD on 28 March, $12,940m with average sustained rate of 0,9091 AZN/USD on 29 March, $5,450 РјР"РЅ. СЃ РєСѓСЂСЃРѕРј 0,9089 AZN/USD 30 March, $5,464, with average sustained rate of 0,9085 AZN/USD - 31 March.

Exchange rate of AZN in regard to USD

20 March

March

-

27 March

March

0,9097

21 March

March

-

28 March

March

0,9093

22 March

March

0,9100

29 March

March

0,9091

23 March

March

0,9096

30 March

March

0,9089

24 March

March

0,9096

31 March

March

0,9085

Average weekly

0,90973

Average weekly

0,9091



Last week no deals were concluded through Russian currency. In deal with euro (T+0) was concluded on 29 March in the amount of 50,000 euros. EURO rates made up 1,0928 AZN.

Prices of vouchers grew in price. Starting from 28 March till the end of the week prices of vouchers have went up to 12.6 AZN against 12.4 AZN in the being of the week (27 March.

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