TODAY.AZ / Business

Weekly review of Azerbaijani currency market

08 March 2014 [12:55] - TODAY.AZ

Last week the official rate of the manat to the U.S. dollar set by the Azerbaijani Central Bank (CBA) remained unchanged. The average rate was established at 0.7844 manat to 1 U.S. dollar.

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

Feb.24

0,7845

March 3

0,7844

Feb.25

0,7845

March 4

0,7844

Feb.26

0,7845

March 5

0,7844

Feb.27

0,7845

March 6

0,7844

Feb.28

0,7844

March 7

0,7844

Average weekly

0,78448

Average weekly

0,7844

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 (BEST) remained unchanged. The average rate was set at 0.7830 manat to 1 U.S. dollar.

The deals were concluded at BEST on March 5 - $5.318 million. No deals were concluded on remaining days.

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

Feb.24

0,7830

March 3

0,7830

Feb.25

0,7830

March 4

0,7830

Feb.26

0,7830

March 5

0,7830

Feb.27

0,7830

March 6

0,7830

Feb.28

0,7830

March 7

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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