Azerbaijan, Baku, Feb. 24 / Trend , N.Ismayilova/
Last week the official rate of the manat against the U.S. dollar, set by the National Bank of Azerbaijan, dropped 0.00078 points or 0.078 percent. The average rate was established at 0. 0.80624 manats to 1 U.S. dollar.
Last week the maximum rate of the US dollar compared to manat was established on Feb. 17-18 (0. 8063 manats to 1 U.S. dollar).
|
Official rate of manat to 1 U.S. dollar |
|||
|
9 February |
0.8077 |
16 February |
0.8062 |
|
10 February |
0.8077 |
17 February |
0.8063 |
|
11 February |
0.8070 |
18 February |
0.8063 |
|
12 February |
0.8065 |
19 February |
0.8062 |
|
13 February |
0.8062 |
20 February |
0.8062 |
|
Average weekly |
0.80702 |
Average weekly |
0.80624 |
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 0.00078 points (0.078 percent). The average rate was fixed at 0.80624 to 1 U.S. dollar.
Deals concluded last week at BEST with transition to currency (T+0) comprised: $29.55 million with the average sustained rate of 0.8062 manat to 1 U.S. dollar on Feb. 16, $94.23 million with the average sustained rate of 0. 8063 manats to 1 U.S. dollar on Feb. 17, $41.265 million with the average sustained rate of 0. 8063 manats to 1 U.S. dollar on Feb. 18, $13.875 million with the average sustained rate of 0. 8062 manats to 1 U.S. dollar on Feb. 19, and $19.45 million with the average sustained rate of 0.8062 manats to 1 U.S. dollar on Feb. 20.
|
Exchange rate of manat to 1 U.S. dollar |
|||
|
9 February |
0.8077 |
16 February |
0.8062 |
|
10 February |
0.8077 |
17 February |
0.8063 |
|
11 February |
0.8070 |
18 February |
0.8063 |
|
12 February |
0.8065 |
19 February |
0.8062 |
|
13 February |
0.8062 |
20 February |
0.8062 |
|
Average weekly |
0.80702 |
Average weekly |
0.80624 |
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 (Ň+1, Ň+2).
Price on privatization vouchers have been maintained at a high level at 25-26 manat not for a long period. After a rapid hike of prices on vouchers (67 percent) three weeks ago, prices began to fall again. Price on vouchers remained stable at 17 manat the week long.
The validity period of the vouchers will expire on Jan. 1 2010.
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