...

Weekly review of Azerbaijani currency market

Business Materials 8 September 2013 12:28 (UTC +04:00)
Last week the official rate of the manat to the US dollar set by the Azerbaijani Central Bank (CBA) was not changed. The average rate was established at 0.7844 manat to 1 U.S. dollar.
Weekly review of Azerbaijani currency market

Azerbaijan, Baku, Sept. 8 /Trend, E. Aliyev /

Last week the official rate of the manat to the US dollar set by the Azerbaijani Central Bank (CBA) was not changed. The average rate was established at 0.7844 manat to 1 U.S. dollar.

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

Aug. 26

0,7844

Sept.2

0,7844

Aug.27

0,7844

Sept.3

0,7844

Aug.28

0,7844

Sept.4

0,7844

Aug.29

0,7844

Sept.5

0,7844

Aug.30

0,7844

Sept.6

0,7844

Average weekly

0,7844

Average weekly

0,7844

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) strengthened at 0.0001 points (0.01 percent). The average rate was set at 0.78344 manat to 1 U.S. dollar.

Deals concluded last week at BEST with transition to currency (T+0) comprised: Sept. 4- $ 3 million with exchange rate of 0,7834 AZN/USD, Sept. 5 - $100,000 with exchange rate of 0,7834 AZN/USD, Sept. 2,3 and 6 - no deals were concluded.

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

Aug. 26

0,7835

Sept. 2

0,7835

Aug. 27

0,7835

Sept. 3

0,7835

Aug. 28

0,7835

Sept.4

0,7834

Aug. 29

0,7835

Sept.5

0,7834

Aug. 30

0,7835

Sept.6

0,7834

Average weekly

0,7835

Average weekly

0,78344

No deal was concluded with USD/AZN T+1 and T+2 due to lack of appeals made by dealers. Appeals on EUR/AZN and RUB/AZN were not made by banks in BEST.

The official exchange rate is 0,7844 AZN/USD on Sept. 8.

Tags:
Latest

Latest