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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 %
11/8/2021  41,598,746,121  41,375,473,977  223,272,144 

0.54%

11/5/2021  41,702,436,750  41,477,570,371  224,866,379 

0.54%

11/4/2021  41,726,778,269  41,501,316,284  225,461,986 

0.54%

11/3/2021  41,755,955,706  41,529,880,725  226,074,981 

0.54%

11/2/2021  41,775,272,855  41,548,650,504  226,622,351 

0.54%

11/1/2021  41,790,814,426  41,563,648,841  227,165,585 

0.54%

10/29/2021  41,828,981,480  41,599,791,278  229,190,203 

0.55%

10/27/2021  41,806,748,911  41,577,000,778  229,748,134 

0.55%

10/26/2021  41,753,381,094  41,523,078,184  230,302,910 

0.55%

10/25/2021  41,597,790,578  41,366,915,394  230,875,184 

0.56%

10/22/2021  41,116,768,322  40,884,827,558  231,940,765 

0.56%

10/21/2021  40,957,507,994  40,725,306,318  232,201,676 

0.57%

10/20/2021  40,762,985,461  40,530,493,472  232,491,990 

0.57%

10/18/2021  40,385,950,274  40,152,739,298  233,210,976 

0.58%

10/15/2021  39,819,504,413  39,585,183,306  234,321,107 

0.59%

10/14/2021  39,620,260,264  39,385,537,001  234,723,263 

0.59%

10/13/2021  39,420,049,023  39,184,931,881  235,117,142 

0.60%

10/12/2021  39,212,664,138  38,977,166,312  235,497,825 

0.60%

10/11/2021  39,007,427,999  38,771,531,216  235,896,783 

0.60%

10/8/2021  38,386,867,623  38,149,683,899  237,183,724 

0.62%

10/7/2021  38,184,221,575  37,946,582,763  237,638,812 

0.62%

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%

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Facts : 1/1/1995
Magnetic Ink Character Recognition:The Magnetic Ink Character Recognition (MICR) which is an automated system for sorting cheques and other financial instrumenTS. This facility came into effect in the early part of 1995.
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