Weekly review of Azerbaijani currency market

Azerbaijan , Baku, Oct.1 / Trend N.Ismayilova /

Last week the official rate of the manat to the US dollar, set by the Central Bank of Azerbaijan (CBA), decreased by 0.0001 points (0.02 percent). The average rate was established at 0.78688 manat to 1 U.S. dollar.

Exchange rate of manat to 1 U.S. dollar:
Sept.19	0.7867	Sept. 26	0.7869
Sept. 20	0.7866	Sept. 27	0.7869
Sept. 21	0.7866	Sept. 28	0.7869
Sept. 22	0.7868	Sept. 29	0.7868
Sept. 23	0.7868	Sept. 30	0.7869
Average weekly	0 .786 7	Average weekly	0 .78688

As a result of last week's exchange, the rate of the Azerbaijani manat to the U.S. dollar, established based on results from the Baku Inter-bank Currency Exchange (BICEX), remained unchanged at 0.7863 manat to 1 U.S. dollar.

Deals concluded last week at BEST with transition to currency (T+0) comprised: Sept. 26 - $1.699 million with exchange rate of 0.7863 AZN/USD, Sept.27 - $1.948 million with exchange rate of 0.7863 AZN/USD, Sept. 28 - $0.928 million with exchange rate of 0.7863 AZN/USD, Sept.29 - $2.459 million with exchange rate of 0.7863 AZN/USD and Sept.30 - 1.303 million with exchange rate of 0.7863 AZN/USD.

Exchange rate of manat to 1 U.S. dollar
Sept.19	0.7863	Sept. 26	0.7863
Sept. 20	0.7863	Sept. 27	0.7863
Sept. 21	0.7863	Sept. 28	0.7863
Sept. 22	0.7863	Sept. 29	0.7863
Sept. 23	0.7863	Sept. 30	0.7863
Average weekly	0.7863	Average weekly	0.7863

No deal was concluded with USD/AZN T+1 and T+2 due to too few appeals by dealers. On appeals on RUB/AZN and EUR/AZN, appeals were not made

Weekly review of Azerbaijani currency market

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