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Weekly review of Azerbaijani currency market

Politics Materials 24 April 2006 13:06
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 0,0006 point or 0.06%. Average rate was established as 0.9047 manats per 1 US dollar, Trend reports.

Last week maximum rate of US dollar in respect to manat was established on 17 April (0.9050 manats per 1 US dollar), minimum 20 April (0.9043 manats per US dollar

Official rate of AZN in regard to USD

10 April

0,9082

17 April

0,9050

11 April

0,9080

18 April

0,9050

12 April

0,9078

19 April

0,9048

13

April

0,9069

20 April

0,9043

14 April

0,9058

21 April

0,9044

Average weekly

0,90734

Average weekly

0,9047


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 0,0007 point or 0.07%. Average rate was fixed as 0.9042 manats per US dollar.

Last week maximum rate of US dollar in respect to manat was established on 17 and 18 April (0.9046 manats per 1 US dollar), minimum 20 April (0.9037 manats per US dollar).

Deals concluded last week at BEST with transition to currency (T+0) comprised $0.666m with average sustained exchange rate of 0,9046 AZN/USD on 17 April, $0,600m with average sustained rate of 0,9046 AZN/USD on 18 April, $1,320m with average sustained rate of 0,9042 AZN/USD on 19 April, $0,552m with average sustained rate of 0,9037 AZN/USD 21 April, $0,552m with average sustained rate of 0,9037 AZN/USD on 20 April and $0,640m with average sustained rate of 0,9039 AZN/USD on 21 April.

Exchange rate of AZN in regard to USD

10 April

0,9078

17 April

0,9046

11 April

0,9076

18 April

0,9046

12 April

0,9074

19 April

0,9042

13 April

0,9064

20 April

0,9037

14 April

0,9064

21 April

0,9039

Average weekly

0,90712

Average weekly

0,9042


Last week no deals were concluded through Russian currency due to absence of appeals.

Prices of vouchers changed. On 17 April prices of vouchers rose to 100,000 manats (20 AZN), on 18 April - 100,000 manats (20 AZN), on 19 April 120,000 manats (24 AZN), 20 April 125,000 (25 РђР-H) and 21 April - 110,000 manats (22 AZN).

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