...

Weekly Review of the Azerbaijani Currency Market (October 23-27)

Business Materials 30 October 2006 15:47 (UTC +04:00)

As per last weeks results, the official rate of manat with regards to the US dollar, set by the National Bank of Azerbaijan, grew by 0,0001 points or 0.01%. The average rate was established as 0.87343 manats per 1 US dollar, Trend reports

Last week, the maximum rate of the US dollar with respect to the manat was established on 27 October (0.8735 manats per 1 US dollar), minimum October 25 and 26 (0.8734) manats per US dollar).

Official rate of AZN in regard to USD

16 October

0,8742

23 October

October

-

17 October

0,8738

24 October

October

-

18 October

-

25 October

October

0,8734

19 October

0,8736

26 October

October

0,8734

20 October

0,8736

27 October

October

0,8735

Average Weekly

0,8738

Average Weekly

0,87343

As per the last week results, exchange rates of the Azerbaijani manat with regards to the US dollar, established on the base of results of the Baku Interbank Currency Exchange (BICEX) increased by 0,0003 points or 0.03%. Average rate was fixed as 0.8722 manats per US dollar.

Last week, the maximum rate of the US dollar in respect to the manat was established on October 27 (0.8725 manats per 1 US dollar), minimum October 26 (0.8719 manats per US dollar).

Deals concluded last week at BEST with transition to currency (T+0) comprised $15.43mln with average sustained exchange rate of 0.8722 AZN/USD on October 25, $2.725mln with average sustained rate of 0.8719 AZN/USD on October 26, $6.15mln with average sustained rate of 0.8725 AZN/USD on October 27.

Exchange rate of AZN in regard to USD

16 October

0,8730

23 October

October

-

17 October

0,8726

24 October

October

-

18 October

-

25 October

October

0,8722

19 October

0,8721

26 October

October

0,8719

20 October

0,8722

27 October

October

0,8725

Average Weekly

0,872475

Average Weekly

0,8722

Due to the absence of appeals, no deal was concluded with Russian ruble and Euros last week.

During this period the prices of vouchers were stable and made up 80,000 old manats (16 AZN).

Exchange rate of AZN in regard to USD

16 October

0,8730

23 October

October

-

17 October

0,8726

24 October

October

-

18 October

-

25 October

October

0,8722

19 October

0,8721

26 October

October

0,8719

20 October

0,8722

27 October

October

0,8725

Average Weekly

0,872475

Average Weekly

0,8722

Due to the absence of appeals, no deal was concluded with Russian ruble and Euros last week.

During this period the prices of vouchers were stable and made up 80,000 old manats (16 AZN).

Exchange rate of AZN in regard to USD

16 October

0,8730

23 October

October

-

17 October

0,8726

24 October

October

-

18 October

-

25 October

October

0,8722

19 October

0,8721

26 October

October

0,8719

20 October

0,8722

27 October

October

0,8725

Average Weekly

0,872475

Average Weekly

0,8722

Due to the absence of appeals, no deal was concluded with Russian ruble and Euros last week.

During this period the prices of vouchers were stable and made up 80,000 old manats (16 AZN).

Latest

Latest