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Weekly review of Azerbaijani currency market

Politics Materials 19 June 2006 12:45
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 0,001 point or 0.1%. Average rate was established as 0.89685 manats per 1 US dollar, Trend reports.

Last week maximum rate of US dollar in respect to manat was established on 12 June (0.8973 manats per 1 US dollar), minimum 16 June (0.8963 manats per US dollar)

Official rate of AZN in regard to USD

5 June

June

0,8986

12 June

June

0,8973

6 June

June

0,8982

13 June

June

0,8970

7 June

June

0,8978

14 June

June

0,8968

8 June

June

0,8974

15 June

June

-

9 June

June

0,8974

16 June

June

0,8963

Average weekly

eekly

0,89788

Average weekly

eekly

0,89685


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 0,0011 point or 0.011%. Average rate was fixed as 0.896025 manats per US dollar.

Last week maximum rate of US dollar in respect to manat was established on 12 June (0.8965 manats per 1 US dollar), minimum 16 June (0.8954 manats per US dollar).

Deals concluded last week at BEST with transition to currency (T+0) comprised $0,620m with average sustained exchange rate of 0,8965 AZN/USD on 12 June, $0,630m with average sustained rate of 0,8960 AZN/USD on 13 June, $5,893m with average sustained rate of 0,8962 AZN/USD on 14 June, $5,695m with average sustained rate of 0,8954 AZN/USD on 16 June.

Exchange rate of AZN in regard to USD

5 June

June

0,8982

12 June

June

0,8965

6 June

June

0,8982

13 June

June

0,8960

7 June

June

0,8968

14 June

June

0,8962

8 June

June

0,8968

15 June

June

-

9 June

June

0,8960

16 June

June

0,8954

Average weekly

eekly

0,8972

Average weekly

eekly

0,896025


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

In this period prices of vouchers went down and comprised 80,000 old manats (16 AZN), 10,000 manats down (2 AZN).

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