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Weekly review of Azerbaijani currency market

Business Materials 22 November 2014 12:23 (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)
Weekly review of Azerbaijani currency market

Baku, Azerbaijan, Nov. 22

By Maksim Tsurkov - 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 0.78442 AZN to 1 U.S. dollar.

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

Nov. 10

-

Nov. 17

0,7843

Nov. 11

0,7844

Nov.18

0,7845

Nov. 12

0,7844

Nov.19

0,7845

Nov. 13

0,7843

Nov.20

0,7844

Nov. 14

0,7843

Nov.21

0,7844

Average weekly

0,78435

Average weekly

0,78442

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: Nov. 17 - $2.488 million, Nov. 18 - $1.887 million, Nov.19 - $0,803 million, Nov.20 - $1.15 million and Nov.21 - $0,686 million.

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

Nov.10

-

Nov.17

0,7829

Nov.11

0,7829

Nov.18

0,7829

Nov.12

0,7829

Nov.19

0,7829

Nov.13

0,7829

Nov.20

0,7829

Nov.14

0,7829

Nov.21

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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