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The Movement in Reserves (30-Day Moving Average with effect from November 2011)

The evolution of the foreign exchange market in Nigeria has been influenced by a number of factors such as the changing pattern of international trade, institutional changes in the economy and structural shifts in production. Prior to the establishment of the Central Bank of Nigeria (CBN) and the enactment of the Exchange Control Act of 1962, foreign

Before:    
Date Gross Liquid Blocked %
3/20/2017  30,352,075,447  29,663,385,630  688,689,817 

2.27%

3/17/2017  30,340,545,771  29,647,230,986  693,314,785 

2.29%

3/16/2017  30,303,807,036  29,609,107,408  694,699,629 

2.29%

3/15/2017  30,267,110,169  29,571,024,336  696,085,833 

2.30%

3/14/2017  30,231,261,726  29,533,753,824  697,507,902 

2.31%

3/13/2017  30,194,865,481  29,496,025,530  698,839,951 

2.31%

3/10/2017  30,079,351,596  29,376,951,436  702,400,160 

2.34%

3/9/2017  30,038,995,233  29,335,502,859  703,492,374 

2.34%

3/8/2017  30,014,586,927  29,310,676,127  703,910,800 

2.35%

3/7/2017  29,967,367,379  29,262,914,936  704,452,442 

2.35%

3/6/2017  29,920,349,406  29,215,738,867  704,610,538 

2.35%

3/3/2017  29,786,425,309  29,081,296,878  705,128,431 

2.37%

3/2/2017  29,737,567,258  29,032,236,950  705,330,308 

2.37%

3/1/2017  29,688,482,702  28,982,885,943  705,596,759 

2.38%

2/28/2017  29,646,676,385  28,940,939,360  705,737,026 

2.38%

2/27/2017  29,605,238,905  28,899,388,663  705,850,242 

2.38%

2/24/2017  29,456,211,696  28,750,960,816  705,250,879 

2.39%

2/23/2017  29,414,029,124  28,708,935,731  705,093,393 

2.40%

2/22/2017  29,370,845,980  28,665,907,521  704,938,460 

2.40%

2/21/2017  29,328,242,978  28,623,120,171  705,122,807 

2.40%

2/20/2017  29,282,517,872  28,577,242,301  705,275,571 

2.41%

2/17/2017  29,111,310,589  28,405,642,778  705,667,811 

2.42%

2/16/2017  29,051,165,986  28,345,332,618  705,833,368 

2.43%

2/15/2017  29,000,564,331  28,294,558,633  706,005,698 

2.43%

2/14/2017  28,970,098,850  28,263,754,213  706,344,636 

2.44%

2/13/2017  28,915,228,753  28,208,529,893  706,698,860 

2.44%

2/10/2017  28,755,645,762  28,047,603,222  708,042,539 

2.46%

2/9/2017  28,698,901,190  27,989,825,855  709,075,335 

2.47%

2/8/2017  28,641,768,250  27,931,437,693  710,330,557 

2.48%

2/7/2017  28,582,433,315  27,870,910,774  711,522,541 

2.49%

2/6/2017  28,505,702,656  27,792,983,330  712,719,326 

2.50%

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Facts : 1/1/1900
International Monetary Fund:The International Monetary Fund was established in 1945 to promote the health of the world economy with 29 countries sigining the Articles of Agreement. Nigeria joined the IMF in 1961,which now has 184 members with its headquarters in Washington D.C., USA.
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