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Weekly review of Azerbaijani currency market

Business Materials 26 July 2014 10:43 (UTC +04:00)
The official rate of AZN to the U.S. dollar set by the Azerbaijani Central Bank (CBA) consolidated by 0.0001 points (0.01 percent). The average rate was established at 0.78428 AZN to 1 U.S. dollar.
Weekly review of Azerbaijani currency market

Baku, Azerbaijan, July 26

By Ilaha Mammadli - Trend:

The official rate of AZN to the U.S. dollar set by the Azerbaijani Central Bank (CBA) consolidated by 0.0001 points (0.01 percent). The average rate was established at 0.78428 AZN to 1 U.S. dollar.

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

July 14

0,7844

July 21

0,7843

July 15

0,7844

July 22

0,7843

July 16

0,7844

July 23

0,7843

July 17

0,7843

July 24

0,7843

July 18

0,7843

July 25

0,7842

Average weekly

0,78436

Average weekly

0,78428

As a result of last week's exchange, the stock exchange price of the Azerbaijani AZN 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 0.7829 AZN to 1 U.S. dollar.

Deals concluded last week at BEST comprised: July 21 - $5.773 million, July 22 - $3.98 million, July 24 - $2 million. No deals were concluded on July 23 and 25.

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

July 14

0,7829

July 21

0,7829

July 15

0,7829

July 22

0,7829

July 16

0,7829

July 23

0,7829

July 17

0,7829

July 24

0,7829

July 18

0,7829

July 25

0,7829

Average weekly

0,7829

Average weekly

0,7829

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.

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