Azerbaijan, Baku, Feb. 2 / Trend , I.Khalilova /
Last week the official rate of the manat against the US dollar, set by the National Bank of Azerbaijan, dropped 0.0015 points or 0.15 percent. The average rate was established at 0. 0.80546 manats to 1 U.S. dollar.
Last week the maximum rate of the US dollar compared to manat was established on Jan. 30 (0. 8067 manats to 1 U.S. dollar) and minimum on Jan. 27-28 (0.8048 manats to 1 U.S. dollar).
| Exchange rate of manat to 1 U.S. dollar | |||
| 19 January | 0.8036 | 26 January | 0.8052 |
| 20 January | 0.8036 | 27 January | 0.8048 |
| 21 January | 0.8045 | 28 January | 0.8048 |
| 22 January | 0.8044 | 29 January | 0.8058 |
| 23 January | 0.8054 | 30 January | 0.8067 |
| Average weekly | 0.8043 | Average weekly | 0.80546 |
As a result of last week's exchange rate of the Azerbaijani manat to the U.S. dollar, established based on results from the Baku Inter-bank Currency Exchange (BICEX), decreased by 0.0004 points (0.04 percent). The average rate was fixed at 0.80546 to 1 U.S. dollar.
Last week the maximum rate of the US dollar against the manat was established Jan. 29-30 (0. 8057 manats to 1 U.S. dollar) and minimum Jan. 26-28 (0. 8053 manats to 1 U.S. dollar).
Deals concluded last week at BEST with transition to currency (T+0) comprised: deals were not concluded on Jan. 26 and 27 and the rate remained unchanged - 0.8053 manat to 1 U.S. dollar, Jan. 28, $1.41 million with the average sustained rate of 0. 8053 manats to 1 U.S. dollar, on Jan. 29 $1.9 million with the average sustained rate of 0. 8057 manats to 1 U.S. dollar and on Jan. 30 $0.56 million with the average sustained rate of 0. 8057 manats to 1 U.S. dollar.
| Exchange rate of manat to 1 U.S. dollar | |||
| 19 January | 0.8036 | 26 January | 0.8052 |
| 20 January | 0.8036 | 27 January | 0.8048 |
| 21 January | 0.8045 | 28 January | 0.8048 |
| 22 January | 0.8044 | 29 January | 0.8058 |
| 23 January | 0.8054 | 30 January | 0.8067 |
| Average weekly | 0.8043 | Average weekly | 0.80546 |
| Exchange rate of manat to 1 U.S. dollar | |||
| 19 January | 0.8032 | 26 January | 0.8053 |
| 13 January | 0.8032 | 27 January | 0.8053 |
| 14 January | 0.8041 | 28 January | 0.8053 |
| 15 January | 0.8038 | 29 January | 0.8057 |
| 16 January | 0.8053 | 30 January | 0.8057 |
| Average weekly | 0.80392 | Average weekly | 0.80546 |
No deal was concluded with USD/AZN T+1, T+2 and SWAP_USD/AZN due to an absence of appeals by dealers. Appeals were not received on RUB/AZN and EUR/AZN (N+1, N+2).
Last week the price of the privatization vouchers dramatically increased by 67 percent. From Jan. 26 the price of vouchers increased from 14-15 manat to 25-26 manat. The purchase of vouchers was implemented by 25 manat, and sale - 26 manats. On Jan. 30, price of a privatization voucher decreased by 1 manat.
Such changes in the privatization vouchers market are due to intensified privatization of state enterprises, particularly closed subscription for discount sale of 15 percent to the personnel in every enterprise. Another reason for rising prices is speculative factor on the black market of vouchers.
The validity period of the vouchers will expire on Jan. 1 2010.
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