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Movement In Reserves

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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:   

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Date Gross Liquid Blocked %
12/31/2019  38,595,257,596  37,803,421,099  791,836,496 

2.05%

12/30/2019  38,619,108,130  37,826,476,163  792,631,967 

2.05%

12/27/2019  38,683,734,809  37,888,549,613  795,185,196 

2.06%

12/24/2019  38,775,774,909  37,989,482,322  786,292,588 

2.03%

12/23/2019  38,815,526,491  38,033,265,874  782,260,617 

2.02%

12/20/2019  38,925,298,976  38,155,495,133  769,803,844 

1.98%

12/19/2019  38,969,713,375  38,204,057,623  765,655,752 

1.96%

12/18/2019  39,006,457,119  38,244,946,745  761,510,374 

1.95%

12/17/2019  39,035,118,168  38,277,791,228  757,326,940 

1.94%

12/16/2019  39,064,723,828  38,312,281,649  752,442,179 

1.93%

12/13/2019  39,244,472,293  38,508,639,298  735,832,995 

1.87%

12/12/2019  39,319,647,452  38,589,597,421  730,050,031 

1.86%

12/11/2019  39,378,340,284  38,654,090,540  724,249,744 

1.84%

12/10/2019  39,436,810,893  38,718,795,864  718,015,029 

1.82%

12/9/2019  39,479,218,738  38,767,769,419  711,449,319 

1.80%

12/6/2019  39,576,346,754  38,885,828,446  690,518,308 

1.74%

12/5/2019  39,617,464,932  38,934,684,936  682,779,995 

1.72%

12/4/2019  39,656,899,080  38,981,077,991  675,821,089 

1.70%

12/3/2019  39,682,687,595  39,013,684,659  669,002,936 

1.69%

12/2/2019  39,701,049,077  39,038,883,857  662,165,220 

1.67%

11/29/2019  39,803,153,019  39,161,429,989  641,723,030 

1.61%

11/28/2019  39,822,318,243  39,187,314,539  635,003,704 

1.59%

11/27/2019  39,833,338,387  39,205,211,729  628,126,658 

1.58%

11/26/2019  39,852,655,166  39,231,764,091  620,891,075 

1.56%

11/25/2019  39,878,145,936  39,257,826,169  620,319,767 

1.56%

11/22/2019  39,929,315,531  39,315,807,038  613,508,494 

1.54%

11/21/2019  39,953,888,883  39,342,657,054  611,231,830 

1.53%

11/20/2019  39,969,715,603  39,360,733,916  608,981,687 

1.52%

11/19/2019  39,981,471,957  39,374,797,260  606,674,697 

1.52%

11/18/2019  39,995,742,500  39,393,022,461  602,720,039 

1.51%

11/15/2019  40,037,993,628  39,445,912,325  592,081,303 

1.48%

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Facts : 1/1/1900
Development Stocks:The first development stock was issued in 1946. Central Bank of Nigeria took the responsiblity of issuing stock at its inception. The Lagos Stock Exchange (now Nigerian Stock Exchange) was set up in 1961 to take over transactions in the stocks.
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