Azerbaijan, Baku, May 10 / Trend N.Ismayilova /
Last week the official rate of the manat against the US dollar, set by the Central Bank of Azerbaijan, dropped by 0.0001 points or 0.01 percent. The average rate was established at 0.80346 manat to 1 U.S. dollar.
The maximum rate of the US dollar compared to manat was established April 28, 29 and 30 (0.8035 manat to 1 U.S. dollar) and minimum April 26 and 27 (0.8034 manats to 1 U.S. dollar).
|
Exchange rate of manat to 1 U.S. dollar |
|||
|
26 April |
0,8034 |
3 May |
0,8034 |
|
27 April |
0,8033 |
4 May |
0,8034 |
|
28 April |
0,8035 |
5 May |
0,8035 |
|
29 April |
0,8035 |
6 May |
0,8035 |
|
30 April |
0,8033 |
7 May |
0,8035 |
|
Average weekly |
0,8034 |
Average weekly |
0,80346 |
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 0.0002 point or 0.02 percent. The average rate was fixed at 0.80354 to 1 U.S. dollar.
Deals concluded last week at BEST with transition to currency (T+0) comprised: on May 3 deals were not concluded and the rate remained unchanged (0.8034 AZN/USD), May 4 - $4.782 million with the average sustained rate of 0.8035 manats to 1 U.S. dollar, May 6 - $2.975 million with the average sustained rate of 0.8036 manats to 1 U.S. dollar, and May 7 - $1.652 million with the average sustained rate of 0.8036 manats to 1 U.S. dollar.
|
Exchange rate of manat to 1 U.S. dollar: |
|||
|
26 April |
0,8033 |
3 May |
0,8034 |
|
27 April |
0,8034 |
4 May |
0,8035 |
|
28 April |
0,8036 |
5 May |
0,8036 |
|
29 April |
0,8033 |
6 May |
0,8036 |
|
30 April |
0,8034 |
7 May |
0,8036 |
|
Average weekly |
0,8034 |
Average weekly |
0,80354 |
No deal was concluded with USD/AZN T+1 and T+2 due to an absence of appeals by dealers. Appeals were not received on RUB/AZN and EUR/AZN.
Last week the price of the privatization vouchers stood at the same level, purchase was 8 manat, and sale - 9 manat.
Under the President Ilham Aliyev's decree on additional measures for ensuring the use of the state privatization vouchers, the validity period of the vouchers was prolonged until Jan. 1, 2011. This decision was taken due to the fact that about 80 percent of the check is derived from the circulation.
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