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Weekly review of Azerbaijani currency market

Business Materials 7 February 2015 10:44 (UTC +04:00)
The official rate of AZN to the US dollar set by the Azerbaijani Central Bank (CBA) remained unchanged last week. The average rate was established at 0.7844 AZN to 1 US dollar.
Weekly review of Azerbaijani currency market

Baku, Azerbaijan, Feb. 7

By Maksim Tsurkov - Trend:

The official rate of AZN to the US dollar set by the Azerbaijani Central Bank (CBA) remained unchanged last week. The average rate was established at 0.7844 AZN to 1 US dollar.

Official rate of AZN to 1 US dollar:

Jan. 26

0,7844

Feb. 2

0,7844

Jan. 27

0,7844

Feb. 3

0,7844

Jan. 28

0,7844

Feb. 4

0,7844

Jan. 29

0,7844

Feb. 5

0,7844

Jan. 30

0,7844

Feb. 6

0,7844

Average weekly

0,7844

Average weekly

0,7844

Due to the lack of the trading at Baku Interbank Currency Exchange (BBVB) from the beginning of the year, the exchange rate of AZN to the US dollar remained unchanged. The average rate was set at 0.7829 AZN to 1 US dollar.

Exchange rate of AZN to 1 US dollar:

Jan. 26

0,7829

Feb. 2

0,7829

Jan. 27

0,7829

Feb. 3

0,7829

Jan. 28

0,7829

Feb. 4

0,7829

Jan. 29

0,7829

Feb. 5

0,7829

Jan. 30

0,7829

Feb. 6

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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Follow the author on Twitter: @MaksimTsurkov

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