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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 %
10/6/2021  37,992,347,240  37,754,272,861  238,074,379 

0.63%

10/4/2021  37,568,183,108  37,329,245,655  238,937,453 

0.64%

9/30/2021  36,782,343,500  36,541,643,287  240,700,213 

0.65%

9/29/2021  36,595,475,083  36,354,309,648  241,165,435 

0.66%

9/28/2021  36,412,921,975  36,171,497,535  241,424,439 

0.66%

9/27/2021  36,260,708,375  36,019,074,041  241,634,334 

0.67%

9/24/2021  36,108,455,107  35,866,279,560  242,175,547 

0.67%

9/23/2021  36,088,900,956  35,846,560,036  242,340,920 

0.67%

9/22/2021  35,953,688,001  35,711,274,612  242,413,389 

0.67%

9/21/2021  35,825,097,397  35,582,620,952  242,476,445 

0.68%

9/20/2021  35,735,657,554  35,493,113,768  242,543,785 

0.68%

9/17/2021  35,455,219,333  35,212,811,331  242,408,002 

0.68%

9/16/2021  35,366,333,234  35,123,706,525  242,626,709 

0.69%

9/15/2021  35,271,675,391  35,027,877,749  243,797,643 

0.69%

9/14/2021  35,189,454,975  34,944,425,630  245,029,344 

0.70%

9/13/2021  35,109,300,949  34,863,058,421  246,242,528 

0.70%

9/10/2021  34,859,257,747  34,609,487,660  249,770,087 

0.72%

9/9/2021  34,779,357,298  34,528,526,851  250,830,448 

0.72%

9/8/2021  34,699,475,246  34,447,521,969  251,953,277 

0.73%

9/7/2021  34,597,022,538  34,343,952,855  253,069,684 

0.73%

9/6/2021  34,498,446,053  34,244,220,811  254,225,242 

0.74%

9/3/2021  34,257,843,218  34,000,333,521  257,509,697 

0.75%

9/2/2021  34,180,156,102  33,921,532,619  258,623,483 

0.76%

9/1/2021  34,100,174,011  33,840,424,903  259,749,108 

0.76%

8/31/2021  34,017,914,833  33,757,019,043  260,895,790 

0.77%

8/30/2021  33,933,413,408  33,671,461,741  261,951,667 

0.77%

8/27/2021  33,661,821,124  33,396,254,965  265,566,158 

0.79%

8/26/2021  33,571,295,694  33,304,557,332  266,738,362 

0.79%

8/25/2021  33,481,803,469  33,213,926,152  267,877,317 

0.80%

8/24/2021  33,399,280,418  33,130,263,974  269,016,443 

0.81%

8/23/2021  33,430,571,971  33,160,423,403  270,148,568 

0.81%

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Facts : 1/1/1962
Central Bank of Nigeria, Kano Branch:In 1962,the first Central Bank Branch was established in Kano and opened for business in the same year.This brought to 2, the number of Central Bank offices in Nigeria at that time.
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