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Weekly review of Azerbaijani currency market

Business Materials 22 January 2007 19:22 (UTC +04:00)

As per result of the last week (15-19 January) official rate of manat in regard to US dollar, set by the National Bank of Azerbaijan grew by 0,0002 point or 0.02%. Average rate was established as 0.87134 manats per 1 US dollar, Trend reports.

Last week maximum rate of US dollar in respect to manat was established on 15, 16 and 17 January (0,8712 manats per 1 US dollar), minimum вЂ" 19 January (0.8712 manats per US dollar)

Official rate of AZN in regard to USD

8 January

January

0,8714

15 January

January

0,8714

9 January

January

0,8714

16 January

January

0,8714

10January

January

0,8714

17 January

January

0,8714

11 January

January

0,8714

18 January

January

0,8713

12 January

January

0,8714

19 January

January

0,8712

Average weekly

0,8714

Average weekly

0,87134

As of results of the last week exchange rates of Azerbaijani manat in regard to US dollar, established on the base of results of the Baku Interbank Currency Exchange (BICEX) increased by 0,0002 point or 0.02%. Average rate was fixed as 0.89134 manats per US dollar.

Last week maximum rate of US dollar in respect to manat was established on 15, 16 and 17 January (0,8712 manats per 1 US dollar), minimum вЂ" 19 January (0.8712 manats per US dollar

Deals concluded last week at BEST with transition to currency (T+0) comprised $3,305m with average sustained exchange rate of 0,8914 AZN/USD on 15 January, $10,820m with average sustained rate of 0,8714 AZN/USD on 16 January, $1.9mln with average sustained rate of 0,8914 AZN/USD on 17 January, $1,562mln with average sustained rate of 0,8713 AZN/USD on 18 January and $1.1mln with average sustained rate of 0,8712 AZN/USD on 19 January.

Exchange rate of AZN in regard to USD

8 January

January

0,8714

15 January

January

0,8714

9 January

January

0,8714

16 January

January

0,8714

10January

January

0,8714

17 January

January

0,8714

11 January

January

0,8714

18 January

January

0,8713

12 January

January

0,8714

19 January

January

0,8712

Average weekly

0,8714

Average weekly

0,87134

No deal was concluded with Russian ruble and euros last week due to absence of appeals.

In this period prices of vouchers went up to 16 manats from 15.8 manats last week almost remained unchanged.

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