TODAY.AZ / Business

Weekly review of Azerbaijani currency market

04 February 2012 [15:10] - TODAY.AZ
Last week the official rate of the manat to the US dollar, set by the Central Bank of Azerbaijan (CBA), consolidated by 0.0001 points (0.01 percent). The average rate was established at 0.78632 manat to 1 U.S. dollar.





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

Jan.23

0.7862

Jan.30

0,7863

Jan.24

0.7862

Jan.31

0,7864

Jan.25

0.7863

Feb.1

0,7863

Jan.26

0.7863

Feb.2

0,7863

Jan.27

0.7863

Feb.3

0,7863

Average weekly

0.78626

Average weekly

0.78632


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 at 0.7855 manat to $1.

Deals concluded last week at BEST with transition to currency (T+0) comprised: on Jan.30 - $1.86 million with exchange rate of 0.7855 AZN/USD, Jan.31-Feb.3- no deals were concluded, therefore, the exchange rate remained at 0.7855 AZN/USD.


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

Jan.23

0.7854

Jan.30

0.7855

Jan.24

0.7854

Jan.31

0.7855

Jan.25

0.7854

Feb.1

0.7855

Jan.26

0.7855

Feb.2

0.7855

Jan.27

0.7855

Feb.3

0.7855

Average weekly

0.78544

Average weekly

0.7855

No deal was concluded with USD/AZN T+1 and T+2 due to too few appeals by dealers.







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