TODAY.AZ / Business

Weekly review of Azerbaijani currency market

11 August 2014 [11:20] - TODAY.AZ

The official rate of AZN to the U.S. dollar set by the Azerbaijani Central Bank (CBA) remained unchanged. The average rate was established at 0.7843 AZN to 1 U.S. dollar.

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

July 28

-

Aug.4

0.7843

July 29

-

Aug.5

0.7843

July 30

0.7842

Aug.6

0.7843

July 31

0.7842

Aug.7

0.7843

Aug.1

0.7843

Aug.8

0.7843

Average weekly

0.78423

Average weekly

0.7843

As a result of last week's exchange, the stock exchange price of the Azerbaijani AZN 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 0.7829 AZN to 1 U.S. dollar.

Deals concluded last week at BEST comprised: Aug.5 - $4.64 million and Aug.8 - $6.17 million. No deals were concluded Aug.4, 6 and 7.

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

July 28

-

Aug.4

0.7829

July 29

-

Aug.5

0.7829

July 30

0.7829

Aug.6

0.7829

July 31

0.7829

Aug.7

0.7829

Aug.1

0.7829

Aug.8

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.

/Trend/



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