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 0,0019 point or 0.19%. Average rate was established as 0.88976 manats per 1 US dollar, Trend reports.

Last week maximum rate of US dollar in respect to manat was established on 17 July (0.8907 manats per 1 US dollar), minimum 21 July (0.8888 manats per US dollar)

Official rate of AZN in regard to USD
10 July	0,8935	17 July	0,8907
11 July	0,8935	18 July	0,8901
12 July	0,8929	19 July	0,8898
13 July	0,8923	20 July	0,8894
14 July	0,8917	21 July	0,8888
Average weekly	0,89278	Average weekly	0,88976

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 0,0016 point or 0.16%. Average rate was fixed as 0.88886 manats per US dollar.

Last week maximum rate of US dollar in respect to manat was established on 17 July (0.8896 manats per 1 US dollar), minimum 21 July (0.8880 manats per US dollar).

Deals concluded last week at BEST with transition to currency (T+0) comprised $1.55m with average sustained exchange rate of 8896m AZN/USD on 17 July, $9.927m with average sustained exchange rate of 8890m AZN/USD on 18 July, $7.29m with average sustained rate of 0,8889 AZN/USD on 19 July, $11.05m with average sustained rate of 0,8888 AZN/USD on 20 July and $8.67m with the rate of 0,8880 AZN/USD on 7 July.

Exchange rate of AZN in regard to USD
10 July	0,8928	17 July	0,8896
11 July	0,8924	18 July	0,8890
12 July	0,8923	19 July	0,8889
13 July	0,8911	20 July	0,8888
14 July	0,8905	21 July	0,8880
Average weekly	0,89182	Average weekly	0,88886

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

Only one deal was concluded with EUR/AZN instrument (T+1) on 18 July in the amount of 34,000 EURO. Rate of EURO was 1,1158 AZN.

In this period prices of vouchers were stable and comprised 80,000 old manats (15 AZN).