TODAY.AZ / Business

Weekly review of Azerbaijani currency market

22 February 2014 [12:30] - TODAY.AZ

Last week the official rate of the manat to the U.S. dollar set by the Azerbaijani Central Bank (CBA) cheapened by 0.0001 points (0.01 percent). The average rate was established at 0.78442 manat to 1 U.S. dollar.

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

Feb.10

0,7843

Feb.17

0,7844

Feb.11

0,7843

Feb.18

0,7844

Feb.12

0,7844

Feb.19

0,7844

Feb.13

0,7844

Feb.20

0,7844

Feb.14

0,7844

Feb.21

0,7845

Average weekly

0,78436

Average weekly

0,78442

As a result of last week's exchange, the stock exchange price of the Azerbaijani manat 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 0.7830 manat to 1 U.S. dollar.

Deal concluded last week at BEST comprised only Feb.18 - $ 4,824 million. No deals were concluded on remaining days.

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

Feb.10

0,7830

Feb.17

0,7830

Feb.11

0,7830

Feb.18

0,7830

Feb.12

0,7830

Feb.19

0,7830

Feb.13

0,7830

Feb.20

0,7830

Feb.14

0,7830

Feb.21

0,7830

Average weekly

0.7830

Average weekly

0.7830

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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