Today.Az » Business » Weekly review of Azerbaijani currency market
12 May 2012 [11:33] - Today.Az
Last week the official rate of the manat to the US dollar, set by the
Central Bank of Azerbaijan (CBA), decreased by 0.0001 points (0.01
percent). The average rate was established at 0.78598 manat to 1 U.S.
dollar.
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Exchange rate of manat to 1 U.S. dollar:
|
|
April 30
|
0,7862
|
May 7
|
0,7860
|
|
May 1
|
0,7862
|
May 8
|
0,7860
|
|
May 2
|
0,7862
|
May 9
|
0,7860
|
|
May 3
|
0,7860
|
May 10
|
0,7860
|
|
May 4
|
0,7860
|
May 11
|
0,7859
|
|
Average weekly
|
0,786112
|
Average weekly
|
0,78598
|
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), consolidated by 0.0005 points
(0.05). Last week, the average rate was set at 0.7852 manat to 1 U.S.
dollar.
Deals concluded last week at BEST with transition to currency (T+0)
comprised: May 7 no deals were concluded, therefore exchange rate
remained at 0.7853 AZN/USD, May 8 - $1.846 million with exchange rate of
0.7853 AZN/USD, May 9-10 - no deals were concluded, therefore exchange
rate remained at 0.7853 AZN/USD, May 11 -$1.5 million with exchange rate
of 0.7848 AZN/USD.
|
Exchange rate of manat to 1 U.S. dollar:
|
|
April 30
|
0,7855
|
May 7
|
0,7853
|
|
May 1
|
0,7855
|
May 8
|
0,7853
|
|
May 2
|
0,7855
|
May 9
|
0,7853
|
|
May 3
|
0,7855
|
May 10
|
0,7853
|
|
May 4
|
0,7855
|
May 11
|
0,7848
|
|
Average weekly
|
0,7855
|
Average weekly
|
0,7852
|
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.
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