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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 %
1/28/2021  36,344,828,366  36,032,650,227  312,178,140 

0.86%

1/27/2021  36,395,129,838  36,081,177,401  313,952,437 

0.86%

1/26/2021  36,431,944,190  36,116,207,072  315,737,118 

0.87%

1/25/2021  36,521,399,130  36,198,881,891  322,517,239 

0.88%

1/25/2021  36,469,940,426  36,152,424,803  317,515,623 

0.87%

1/21/2021  36,508,524,756  36,184,313,046  324,211,710 

0.89%

1/20/2021  36,483,856,701  36,157,839,324  326,017,377 

0.89%

1/19/2021  36,464,589,000  36,136,753,187  327,835,812 

0.90%

1/18/2021  36,442,942,107  36,114,232,697  328,709,411 

0.90%

1/15/2021  36,350,067,832  36,017,688,773  332,379,060 

0.91%

1/14/2021  36,304,273,599  35,970,687,620  333,585,979 

0.92%

1/13/2021  36,262,752,298  35,928,008,227  334,744,071 

0.92%

1/12/2021  36,218,678,170  35,882,782,685  335,895,484 

0.93%

1/11/2021  36,141,280,821  35,804,749,245  336,531,575 

0.93%

1/8/2021  35,899,139,189  35,561,992,785  337,146,404 

0.94%

1/7/2021  35,834,042,774  35,496,953,551  337,089,223 

0.94%

1/5/2021  35,715,651,529  35,378,737,281  336,914,249 

0.94%

1/4/2021  35,647,798,621  35,310,968,194  336,830,427 

0.94%

12/31/2020  35,373,915,213  35,036,893,073  337,022,139 

0.95%

12/30/2020  35,319,120,892  34,981,406,109  337,714,783 

0.96%

12/30/2020  35,356,509,312  34,978,018,718  378,490,594 

1.07%

12/29/2020  35,262,062,456  34,923,484,043  338,578,413 

0.96%

12/24/2020  34,978,535,688  34,635,727,721  342,807,967 

0.98%

12/23/2020  34,927,268,413  34,583,144,334  344,124,078 

0.99%

12/22/2020  34,909,199,420  34,563,670,150  345,529,271 

0.99%

12/21/2020  34,898,604,186  34,551,714,133  346,890,053 

0.99%

12/18/2020  34,841,313,139  34,490,284,726  351,028,413 

1.01%

12/17/2020  34,825,216,064  34,472,792,104  352,423,960 

1.01%

12/16/2020  34,837,868,699  34,484,041,418  353,827,281 

1.02%

12/15/2020  34,846,938,328  34,491,884,374  355,053,955 

1.02%

12/14/2020  34,851,013,003  34,494,729,635  356,283,368 

1.02%

[1/9]

 

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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