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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 %
2/18/2020  36,852,999,825  36,090,285,308  762,714,516 

2.07%

2/17/2020  36,932,718,824  36,169,478,010  763,240,813 

2.07%

2/14/2020  37,151,501,311  36,386,830,485  764,670,825 

2.06%

2/13/2020  37,231,836,221  36,466,714,058  765,122,163 

2.06%

2/12/2020  37,297,990,666  36,532,980,703  765,009,963 

2.05%

2/11/2020  37,372,555,430  36,607,667,174  764,888,256 

2.05%

2/10/2020  37,452,455,227  36,687,575,024  764,880,203 

2.04%

2/7/2020  37,660,101,889  36,894,621,405  765,480,484 

2.03%

2/6/2020  37,725,765,894  36,960,029,153  765,736,741 

2.03%

2/5/2020  37,792,718,579  37,027,028,414  765,690,165 

2.03%

2/4/2020  37,854,278,809  37,088,679,732  765,599,078 

2.02%

2/3/2020  37,878,679,405  37,113,100,053  765,579,352 

2.02%

1/31/2020  38,009,763,480  37,243,893,459  765,870,021 

2.01%

1/30/2020  38,055,949,871  37,289,582,408  766,367,463 

2.01%

1/29/2020  38,095,632,339  37,328,721,252  766,911,088 

2.01%

1/28/2020  38,115,690,641  37,348,292,042  767,398,599 

2.01%

1/27/2020  38,138,423,716  37,370,602,457  767,821,258 

2.01%

1/24/2020  38,210,014,551  37,441,128,105  768,886,446 

2.01%

1/23/2020  38,231,673,792  37,462,468,486  769,205,307 

2.01%

1/22/2020  38,253,769,628  37,484,268,322  769,501,307 

2.01%

1/21/2020  38,273,312,810  37,503,382,223  769,930,587 

2.01%

1/20/2020  38,281,995,642  37,511,596,198  770,399,444 

2.01%

1/17/2020  38,301,531,271  37,530,335,951  771,195,319 

2.01%

1/16/2020  38,320,000,843  37,548,504,714  771,496,129 

2.01%

1/15/2020  38,342,061,031  37,570,223,537  771,837,494 

2.01%

1/14/2020  38,321,754,556  37,549,060,215  772,694,341 

2.02%

1/13/2020  38,312,471,864  37,538,739,323  773,732,541 

2.02%

1/10/2020  38,289,141,428  37,512,692,856  776,448,571 

2.03%

1/9/2020  38,289,155,180  37,511,327,033  777,828,146 

2.03%

1/8/2020  38,318,379,976  37,538,858,998  779,520,978 

2.03%

1/7/2020  38,347,841,704  37,566,646,036  781,195,668 

2.04%

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Facts : 3/1/1993
Nigerian Inter-Bank Settlement System:In March 1993, the Nigerian Inter-Bank Settlement System (NIBSS) was incorportaed to enhance the speed and effeciency of the national clearing system.
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