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Weekly review of Azerbaijani currency market

Politics Materials 8 May 2006 12:38 (UTC +04:00)
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 0,0003 point or 0.03%. Average rate was established as 0.90302 manats per 1 US dollar, Trend reports.

Last week maximum rate of US dollar in respect to manat was established on 1 and 2 May (0.9032 manats per 1 US dollar), minimum 4 May (0.9028 manats per US dollar)

Official rate of AZN in regard to USD

24 April

0,9042

1 May

May

0,9032

25 April

0,9038

2 May

May

0,9032

26 April

0,9040

3 May

May

0,9030

27 April

0,9036

4 May

May

0,9028

28

April

0,9036

5 May

May

0,9029

Average weekly

weekly

0,90384

Average weekly

weekly

0,90302


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 0,0006 point or 0.06%. Average rate was fixed as 0.90252 manats per US dollar.

Last week maximum rate of US dollar in respect to manat was established on 1 and 2 May (0.9028 manats per 1 US dollar), minimum 4 and 5 May (0.9022 manats per US dollar).

Deals concluded last week at BEST with transition to currency (T+0) comprised $2m with average sustained exchange rate of 0,9028 AZN/USD on 1 May, $1,650m with average sustained rate of 0,9028 AZN/USD on 2 May, $0,458m with average sustained rate of 0,9026 AZN/USD on 3 May, $2,100m with average sustained rate of 0,9022 AZN/USD 4 May, $2m with average sustained rate of 0,9022 AZN/USD

Exchange rate of AZN in regard to USD

24 April

0,9038

1 May

May

0,9028

25 April

0,9034

2 May

May

0,9028

26 April

0,9036

3 May

May

0,9026

27 April

0,9032

4 May

May

0,9022

28 April

0,9032

5 May

May

0,9022

Average weekly

weekly

0,90344

Average weekly

weekly

0,90252


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

Prices of vouchers changed. On 1 May prices of vouchers rose to 90,000 manats (18 AZN), on 2 May - 90,000 manats (18 AZN), on 3 May 95,000 manats (19 AZN), 4 May 90,000 (18 РђР-H) and 5 May - 90,000 manats (18 AZN).

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