Azerbaijan, Baku, Oct. 30 / Trend N.Ismayilova /
Last week the official rate of the manat against the US dollar, set by the Central Bank of Azerbaijan, consolidated by 0.0004 points or 0.04 percent. The average rate was established at 0.8009 manat to 1 U.S. dollar.
The maximum rate of the US dollar compared to manat was established Oct.27 (0.8011 manat to 1 U.S. dollar) and minimum was established Oct. 29 at 0.8007 manat to 1 U.S. dollar.
Exchange rate of manat to 1 U.S. dollar |
|||
October 18 |
0,8015 |
October 25 |
0,8009 |
October 19 |
0,8013 |
October 26 |
0,8010 |
October 20 |
0,8014 |
October 27 |
0,8011 |
October 21 |
0,8012 |
October 28 |
0,8008 |
October 22 |
0,8012 |
October 29 |
0,8007 |
Average weekly |
0,80132 |
Average weekly |
0,8009 |
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 0.0038 (0.38) to 1 U.S. dollar. The average exchange rate was fixed at 0.80122 manat per dollar.
Deals concluded last week at BEST with transition to currency (T+0) comprised: Oct.25 - $1.05 million with exchange rate of 0.8032 AZN/USD, Oct.26 - $0.5 million with exchange rate of 0.8032 AZN/USD, Oct.27- $7.7 million with exchange rate of 0.8006 AZN/USD, Oct.28 - $26.5 million with exchange rate of 0.7997 AZN/USD, Oct.29- $11.7 million with exchange rate of 0.7994 AZN/USD.
Exchange rate of manat to 1 U.S. dollar |
|||
October 18 |
0,8032 |
October 25 |
0,8032 |
October 19 |
0,8032 |
October 26 |
0,8032 |
October 20 |
0,8032 |
October 27 |
0,8006 |
October 21 |
0,8032 |
October 28 |
0,7997 |
October 22 |
0,8032 |
October 29 |
0,7994 |
Average weekly |
0,8032 |
Average weekly |
0,80122 |
No deal was concluded with USD/AZN T+1 and T+2 due to too few appeals by dealers. Appeals were not received on RUB/AZN and EUR/AZN.
Last week, the price on privatization vouchers remained without changes, with purchases was running for five manat and sales for six manat. President Ilham Aliyev's decree on additional measures to ensure the use of state privatization vouchers prolonged the validity period until Jan. 1, 2011. This decision was made as roughly 80 percent of the vouchers were still in circulation.