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Weekly review of Azerbaijani currency market

Business Materials 1 November 2014 13:27 (UTC +04:00)
The official rate of AZN to the U.S. dollar set by the Azerbaijani Central Bank (CBA) reduced by 0.0001 points (0.01 percent)
Weekly review of Azerbaijani currency market

Baku, Azerbaijan, Nov. 1

By Azad Hasanli - Trend:

The official rate of AZN to the U.S. dollar set by the Azerbaijani Central Bank (CBA) reduced by 0.0001 points (0.01 percent). The average rate was established at 0.78434 AZN to 1 U.S. dollar.

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

Oct. 20

0,7843

Oct.27

0,7843

Oct.21

0,7843

Oct.28

0,7843

Oct.22

0,7843

Oct.29

0,7843

Oct.23

0,7843

Oct.30

0,7844

Oct.24

0,7843

Oct.31

0,7844

Average weekly

0,7843

Average weekly

0,78434

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.

No deals were concluded at BEST last week.

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

Oct.20

0,7829

Oct.27

0,7829

Oct.21

0,7829

Oct.28

0,7829

Oct.22

0,7829

Oct.29

0,7829

Oct.23

0,7829

Oct.30

0,7829

Oct.24

0,7829

Oct.31

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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