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 0.90128 manats per 1 US dollar, Trend reports.

Last week maximum rate of US dollar in respect to manat was established on 15 May (0.9016 manats per 1 US dollar), minimum 19 May (0.9010 manats per US dollar)

Official rate of AZN in regard to USD
8 May	0,9024	15 May May	0,9016
9 May	-	16 May May	0,9014
10 May	0,9022	17 May May	0,9012
11 May	0,9021	18 May May	0,9012
12 May	0,9018	19 May May	0,9010
Average weekly	0,902125	Average weekly	0,90128

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 0,0005 point or 0.05%. Average rate was fixed as 0.90068 manats per US dollar.

Last week maximum rate of US dollar in respect to manat was established on 15 May (0.9010 manats per 1 US dollar), minimum 17 and 19 May (0.9005 manats per US dollar).

Deals concluded last week at BEST with transition to currency (T+0) comprised $1,305m with average sustained exchange rate of 0,9010 AZN/USD on 15 May, $1,150m with average sustained rate of 0,9008 AZN/USD on 16 May, $0,220m with average sustained rate of 0,9005 AZN/USD on 17 May, $0,370m with average sustained rate of 0,9006 AZN/USD 18 May and $1,400m with the rate of 0,9005 AZN/USD on 19 May.

Exchange rate of AZN in regard to USD
8 May	0,9019	15 May May	0,9010
9 May	-	16 May May	0,9008
10 May	0,9020	17 May May	0,9005
11 May	0,9015	18 May May	0,9006
12 May	0,9010	19 May May	0,9005
Average weekly	0,90252	Average weekly	0,90068

No deal was concluded with Russian ruble and euro last week due to absence of appeals.

Prices of vouchers were stable in is period. On 15 May prices of vouchers made up 110,000 old manats (22 AZN), while from 16 to 19 May they dropped to 110,000 manats (20 AZN).