Today.Az » Business » Weekly review of Azerbaijani currency market
25 February 2012 [15:47] - Today.Az
Last week the official rate of the manat to the US dollar, set by the
Central Bank of Azerbaijan (CBA), particularly did not change.
Last week the average rate was fixed at 0.78632 manat to 1 U.S. dollar,
while a week earlier the rate was 0.78618 manat.
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Exchange rate of manat to 1 U.S. dollar:
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Feb.13
|
0.7863
|
Feb.20
|
0.7863
|
|
Feb.14
|
0.7861
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Feb.21
|
0.7862
|
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Feb.15
|
0.7861
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Feb.22
|
0.7864
|
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Feb.16
|
0.7861
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Feb.23
|
0.7864
|
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Feb.17
|
0.7863
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Feb.24
|
0.7863
|
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Average weekly
|
0.78618
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Average weekly
|
0.78632
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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), did not change and remained at 0.7853 manat to 1 U.S. dollar.
Last week, the average rate was set at 0.7853 manat to 1 U.S. dollar.
Deals concluded last week at BEST with transition to currency (T+0)
comprised: Feb.21 - $1.84 million with exchange rate of 0.7853 AZN/USD, Feb.22
- $1.072 million with exchange rate of 0.7853 AZN/USD, Feb.23 - $0.798 million
with exchange rate of 0.7853 AZN/USD, Feb.24 - $0.372 million with exchange
rate of 0.7853 AZN/USD and Feb.17 - $0.737 million with exchange rate of 0.7853
AZN/USD.
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Exchange rate of manat to 1 U.S. dollar
|
|
Feb.13
|
0.7855
|
Feb.20
|
0.7853
|
|
Feb.14
|
0.7855
|
Feb.21
|
0.7853
|
|
Feb.15
|
0.7853
|
Feb.22
|
0.7853
|
|
Feb.16
|
0.7853
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Feb.23
|
0.7853
|
|
Feb.17
|
0.7853
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Feb.24
|
0.7853
|
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Average weekly
|
0.78538
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Average weekly
|
0.7853
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No deal was concluded with USD/AZN T+1 and T+2 due to too few appeals by
dealers. On appeals on RUB/AZN and EUR/AZN, appeals were not made.
/Trend/
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