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Inter-Bank Rates

DateRate TypeRate RangeWeighted Average
7/15/2021OBB Rate4.00 - 19.008.25
Call Rate6.00 - 6.006.00
7/14/2021OBB Rate11.00 - 19.5014.15
Call Rate16.00 - 16.0016.00
7/13/2021OBB Rate14.00 - 20.0017.58
Call Rate17.00 - 18.0017.13
7/12/2021OBB Rate12.25 - 19.0014.90
7/9/2021OBB Rate10.00 - 26.0018.31
7/8/2021OBB Rate9.00 - 16.0011.56
Call Rate5.00 - 10.009.35
7/7/2021OBB Rate8.00 - 14.0010.18
Call Rate9.00 - 12.009.82
7/6/2021OBB Rate8.00 - 14.009.55
7/5/2021OBB Rate8.00 - 12.0010.38
7/2/2021OBB Rate8.00 - 14.0011.69
7/1/2021OBB Rate9.00 - 14.0011.22
6/30/2021OBB Rate9.00 - 17.5012.06
6/29/2021OBB Rate10.00 - 20.0015.44
6/28/2021OBB Rate14.00 - 20.0017.50
Call Rate18.50 - 18.5018.50
6/25/2021OBB Rate13.00 - 27.0021.17
6/24/2021OBB Rate10.00 - 26.0018.12
6/23/2021OBB Rate14.00 - 25.0020.36
Call Rate18.00 - 18.0018.00
6/22/2021OBB Rate15.00 - 20.0018.17
6/18/2021OBB Rate15.00 - 19.0017.53
6/17/2021OBB Rate14.50 - 20.0017.46
6/16/2021OBB Rate14.00 - 20.0016.17
6/15/2021OBB Rate12.50 - 22.0015.18
6/11/2021OBB Rate15.00 - 30.0022.23
6/10/2021OBB Rate10.00 - 18.0015.73
6/9/2021OBB Rate12.50 - 18.0014.53
6/8/2021OBB Rate12.00 - 16.0014.18
6/7/2021OBB Rate13.00 - 15.0014.37
Call Rate14.00 - 14.0014.00
6/4/2021OBB Rate13.00 - 17.0014.72
6/3/2021OBB Rate11.00 - 17.0014.31
6/2/2021OBB Rate12.00 - 23.0013.87
Call Rate16.00 - 17.5016.98
6/1/2021OBB Rate10.00 - 20.0013.36


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Facts : 1/16/2006
The Cowry:The Cowry has, for centuries, served our people as an important form of currency. In 1860 the following system was in use: 40 Cowries formed a "String"; 50 Strings made a "head" and 10 heads comprised a "bag". In Lagos in 1865 one bag of 20,000 shells was exchanged for one or two English Pounds.
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