OREANDA-NEWS. January 11, 2013.  The spot-turnover at the Bank Interbank Currency Exchange (BBVB) has declined by 2.3 times during the first workweek of 2013 against the last week of 2012.

BBVB reported that for 7-11 January turnover of the BBVB Bourse E-System of Trades (BEST) on spot operations in US dollars totaled USD 15.959 million against USD 37.229 million a week earlier.

The best trading week in 2012 was registered on 12-16 March (USD 59.205 milion), in 2011 on 18-22 April (USD 108.76 million), in 2010 on 29 November - 3 December (USD 80.88 million) and for the entire history for 16-19 March 2009 (USD 276.588 million).

This year BEST turnover on spot deals for January still totals USD 15.959 million against USD 67.65 million in December 2011.

In 2012 BEST turnover was recorded in March (USD 106.658 million), in 2011 - in December (USD 256.59 million), in 2010 - in November (USD 165.79 million), in 2009 in March (USD 711.456 million, a monthly turnover record for the Exchange’s whole history), in 2008 - in June (USD 439.087 million), in 2007 in July (USD 310.3 million), in 2006 in December (USD 434.432 million),  the 2005 record of USD 108.781 million in September, the 2004 record of USD 97.59 million in March, the 2003 record of USD 100.428 million in December.

The 2013 spot transaction turnover on US dollar still makes up USD 15.959 millin versus USD 940 million in 2012, USD 1.259 bn in 2011, USD 883.569 million in 2010, USD 2.009 bn in 2009, USD 2.46 bn in 2008 (record over all history of the exchange), USD 1.75 bn in 2007, USD 1.9 bn in 2006, the 2005 turnover of USD 813.284 million, the 2004 turnover record of USD 910.97 million and the 2003 turnover of USD 438.9 million.

Turnover on SWAP-deals for 2012 is still lacking. Such deals were not concluded in 2012 and 2011, and for 2010 it totaled USD 34 million against their turnover of USD 260.4 million in 2009 when the best index a month was registered in April (USD 67.4 million).

During the first workweek of 2013 the following deals were concluded at BEST: on 7 January turnover totaled USD 5.465 million (rate: AZN/USD 0.7856); on 8 January no deals were concluded; on 9 January USD 4.65 million (rate: AZN/USD 0.7856); on 10 January - USD 5.1 million (rate: AZN/USD 0.7856); on 11 January - USD 744,000 (rate: AZN/USD 0.7856).

Turnover for 16 March (USD 51.59 million) is the best for 2012. Turnover for 5 June 2008 (USD 143.749 million) is the best for entire history of BEST system and turnover of exchange per trading day, but on 13 March BEST spot turnover (USD 134.353 million) and swap-deals (USD 24 million) made USD 158.353 million - a new absolute record. Best spot-turnover for a week was registered on 2-6 June 2008 - USD 282.97 million. Best spot-turnover in 2009 per day was registered on 17 March - USD 121.799 million.