Azerbaijan, Baku, Sept. 7 / Trend , N.Ismayilova/
Last week the official rate of the manat against the US dollar, set by the Central Bank of Azerbaijan, dropped 0.0001 points or 0.01 percent. The average rate was established at 0. 0.80396 manats to 1 U.S. dollar.
Last week the maximum rate of the US dollar compared to manat was established on Sept. 2-4 (0. 8040 manats to 1 U.S. dollar) and minimum on Aug. 31 and Sept. 1 (0.8039 manats to 1 U.S. dollar).
|
Exchange rate of manat to 1 U.S. dollar |
|||
|
Aug. 24 |
0.8039 |
Aug. 31 |
0.8039 |
|
Aug. 25 |
0.8040 |
Sept. 1 |
0.8039 |
|
Aug. 26 |
0.8040 |
Sept. 2 |
0.8040 |
|
Aug. 27 |
0.8041 |
Sept. 3 |
0.8040 |
|
Aug. 28 |
0.8039 |
Sept. 4 |
0.8040 |
|
Average weekly |
0.80398 |
Average weekly |
0.80396 |
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), dropped by 0.0001 points (0.01 percent). The average rate was fixed at 0.80346 to 1 U.S. dollar.
Deals concluded last week at BEST with transition to currency (T+0) comprised: On Aug. 31, $6.88 million with the average sustained rate of 0. 8034 manats to 1 U.S., Sept. 1, $6.62 million with the average sustained rate of 0. 8034 manats to 1 U.S., Sept. 2, $4.19 million with the average sustained rate of 0. 8035 manats to 1 U.S. dollar, on Sept. 3, $2.97 million with the average sustained rate of 0. 8035 manats to 1 U.S. dollar and on Sept. 4, $0.712 million with the average sustained rate of 0. 8035 manats to 1 U.S. dollar.
|
Exchange rate of manat to 1 U.S. dollar |
|||
|
Aug. 24 |
0.8037 |
Aug. 31 |
0.8034 |
|
Aug. 25 |
0.8036 |
Sept. 1 |
0.8034 |
|
Aug. 26 |
0.8036 |
Sept. 2 |
0.8035 |
|
Aug. 27 |
0.8036 |
Sept. 3 |
0.8035 |
|
Aug. 28 |
0.8036 |
Sept. 4 |
0.8035 |
|
Average weekly |
0.80362 |
Average weekly |
0.80346 |
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).
Last week the price of the privatization vouchers remained the same: purchase was 7 manats, and sale - 8 manats. Prices remain the same for several months, which is explained by reduction of rates of state property privatization, as the State Property Committee is currently undergoing structural transformation.
The validity period of the vouchers will expire on Jan. 1 2010. So far, around 75 percent of vouchers has been derived, and another extension of their validity period remains uncertain.
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