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

1.48%

11/14/2019  40,060,537,147  39,471,814,256  588,722,891 

1.47%

11/13/2019  40,084,279,347  39,498,382,650  585,896,697 

1.46%

11/12/2019  40,078,390,526  39,495,201,452  583,189,075 

1.46%

11/8/2019  40,171,585,487  39,599,545,078  572,040,409 

1.42%

11/7/2019  40,196,897,552  39,627,678,918  569,218,634 

1.42%

11/6/2019  40,233,150,638  39,665,601,405  567,549,233 

1.41%

11/5/2019  40,254,958,635  39,688,847,989  566,110,646 

1.41%

11/4/2019  40,282,735,363  39,717,865,985  564,869,378 

1.40%

11/1/2019  40,435,513,995  39,874,821,276  560,692,720 

1.39%

10/31/2019  40,464,165,373  39,903,991,734  560,173,639 

1.38%

10/30/2019  40,500,856,853  39,941,418,044  559,438,809 

1.38%

10/29/2019  40,545,317,416  39,986,718,483  558,598,933 

1.38%

10/28/2019  40,589,583,603  40,031,836,125  557,747,478 

1.37%

10/25/2019  40,686,892,094  40,130,377,041  556,515,052 

1.37%

10/24/2019  40,721,385,164  40,165,044,163  556,341,001 

1.37%

10/23/2019  40,755,977,642  40,199,811,754  556,165,888 

1.36%

10/22/2019  40,795,915,435  40,239,840,730  556,074,705 

1.36%

10/21/2019  40,837,887,845  40,281,783,201  556,104,644 

1.36%

10/18/2019  40,953,382,487  40,393,820,145  559,562,341 

1.37%

10/17/2019  40,995,247,992  40,433,936,615  561,311,377 

1.37%

10/16/2019  41,037,380,457  40,474,042,666  563,337,791 

1.37%

10/15/2019  41,076,804,374  40,511,728,207  565,076,167 

1.38%

10/14/2019  41,124,820,778  40,558,114,965  566,705,813 

1.38%

10/11/2019  41,274,000,797  40,702,693,542  571,307,255 

1.38%

10/10/2019  41,331,562,606  40,758,571,910  572,990,696 

1.39%

10/9/2019  41,391,170,435  40,816,405,040  574,765,395 

1.39%

10/8/2019  41,463,276,898  40,886,748,430  576,528,469 

1.39%

10/7/2019  41,523,950,300  40,945,724,375  578,225,925 

1.39%

10/4/2019  41,714,250,881  41,131,833,001  582,417,881 

1.40%

10/3/2019  41,742,730,249  41,158,943,839  583,786,410 

1.40%

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Facts : 2/1/1933
Indigenous Banking in Nigeria:The story of indegenous banking in Nigeria began with the establishment of the National Bank of Nigeria Limited in February 1933.
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