Today.Az » Business » Weekly review of Azerbaijani currency market
21 May 2012 [16:30] - Today.Az
Last week the official rate of the manat to the US dollar, set by the
Central Bank of Azerbaijan (CBA), strengthened at 0.0001 points (0.01
percent). The average rate was established at 0.78586 manat to 1 U.S.
dollar.
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Exchange rate of manat to 1 U.S. dollar:
|
|
May 7
|
0,7860
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May 14
|
0,7859
|
|
May 8
|
0,7860
|
May 15
|
0,7859
|
|
May 9
|
0,7860
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May 16
|
0,7859
|
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May 10
|
0,7860
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May 17
|
0,7858
|
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May 11
|
0,7859
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May 18
|
0,7858
|
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Average weekly
|
0,78598
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Average weekly
|
0,78586
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As a result of last week's exchange, the rate of the Azerbaijani
manat to the U.S. dollar, established based on results from the Baku
Inter-bank Currency Exchange (BICEX), remained unchanged. Last week, the
average rate was set at 0.7848 manat to 1 U.S. dollar.
Deals concluded last week at BEST with transition to currency (T+0)
comprised: May 14 no deals were concluded, therefore exchange rate
remained at 0.7848 AZN/USD, May 15 - $1 million with exchange rate of
0.7848 AZN/USD, May 16 - no deals were concluded, therefore exchange
rate remained at 0.7848 AZN/USD, May 17 -$0.855 million with exchange
rate of 0.7848 AZN/USD.
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Exchange rate of manat to 1 U.S. dollar:
|
|
May 7
|
0,7853
|
May 14
|
0,7848
|
|
May 8
|
0,7853
|
May 15
|
0,7848
|
|
May 9
|
0,7853
|
May 16
|
0,7848
|
|
May 10
|
0,7853
|
May 17
|
0,7848
|
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May 11
|
0,7848
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May 18
|
0,7848
|
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Average weekly
|
0,7852
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Average weekly
|
0,7848
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No deal was concluded with USD/AZN T+1 and T+2 due to few appeals
made by dealers. On appeals on RUB/AZN and EUR/AZN, appeals were not
made.
/Trend/
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