Weekly review of Azerbaijani currency market

Last week the official rate of the manat to the US dollar, set by the Central Bank of Azerbaijan (CBA), decreased by 0.0002 points (0.02 percent). The average rate was established at 0.78618 manat to 1 U.S. dollar.











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), fixed on 0.0002 points (on 0.02 percent). Last week, the average rate was fixed at 0.78538 manat to 1 U.S. dollar.

Deals concluded last week at BEST with transition to currency (T+0) comprised: Feb. 13 - $1.24 million with exchange rate of 0.7855 AZN/USD, Feb.14 - $1.631 million with exchange rate of 0.7855 AZN/USD, Feb. 15 - $8.009 million with exchange rate of 0.7853 AZN/USD, Feb.16 - $11.705 million with exchange rate of 0.7853 AZN/USD and Feb.17 - $0.737 million with exchange rate of 0.7853 AZN/USD.