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Weekly review of Azerbaijani currency market

Business Materials 31 March 2013 12:27 (UTC +04:00)
Last week the official rate of the manat to the US dollar, set by the Azerbaijani Central Bank (CBA) remained unchanged. The average rate was established at 0.7848 manat to 1 U.S. dollar.
Weekly review of Azerbaijani currency market

Azerbaijan, Baku, March 31 /Trend I. Khalilova /

Last week the official rate of the manat to the US dollar, set by the Azerbaijani Central Bank (CBA) remained unchanged. The average rate was established at 0.7848 manat to 1 U.S. dollar.

Exchange rate of manat to 1 U.S. dollar:

March 18

0,7848

March 25

0,7848

March 19

0,7848

March 26

0,7848

March 20

0,7848

March 27

0,7848

March 21

0,7848

March 28

0,7848

March 22

0,7848

March 29

0,7848

Average weekly

0,7848

Average weekly

0,7848

As a result of last week's exchange, the stock exchange price of the Azerbaijani manat to the U.S. dollar, established based on results from the Baku Inter-bank Currency Exchange (BICEX), remained unchanged. The average rate was set at 0.7836 manat to 1 U.S. dollar.

Deals concluded last week at BEST with transition to currency (T+0) comprised: March 25-26 and March 29 - no deals were concluded, so the exchange rate remained at the level of 0.7836 AZN/USD, March 27 - $2.236 million with exchange rate of 0.7836 AZN/USD, March 28 - $5.537 million with exchange rate of 0.7836 AZN/USD.

Exchange rate of manat to 1 U.S. dollar:

March 18

0,7836

March 25

0,7836

March 19

0,7836

March 26

0,7836

March 20

0,7836

March 27

0,7836

March 21

0,7836

March 28

0,7836

March 22

0,7836

March 29

0,7836

Average weekly

0,7836

Average weekly

0,7836

No deal was concluded with USD/AZN T+1 and T+2 due to few appeals made by dealers. No appeals were made on RUB/AZN and EUR/AZN.

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