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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 %
6/21/2024  33,701,142,507  32,780,778,090  920,364,418 

2.73%

6/20/2024  33,640,904,348  32,720,174,319  920,730,029 

2.74%

6/19/2024  33,578,312,491  32,657,252,872  921,059,620 

2.74%

6/14/2024  33,342,929,812  32,421,002,328  921,927,484 

2.76%

6/13/2024  33,303,578,417  32,381,247,226  922,331,192 

2.77%

6/11/2024  33,159,898,033  32,237,116,483  922,781,550 

2.78%

6/10/2024  33,081,864,484  32,158,923,868  922,940,616 

2.79%

6/7/2024  32,886,130,593  31,964,311,460  921,819,133 

2.80%

6/6/2024  32,804,576,028  31,883,989,988  920,586,040 

2.81%

6/5/2024  32,794,677,027  31,875,740,677  918,936,351 

2.80%

6/4/2024  32,775,745,238  31,858,115,588  917,629,650 

2.80%

6/3/2024  32,748,796,254  31,832,093,533  916,702,721 

2.80%

5/31/2024  32,694,681,787  31,782,146,052  912,535,735 

2.79%

5/30/2024  32,695,298,560  31,784,020,273  911,278,288 

2.79%

5/29/2024  32,690,416,635  31,780,478,148  909,938,486 

2.78%

5/28/2024  32,678,097,183  31,769,095,482  909,001,701 

2.78%

5/27/2024  32,694,097,537  31,786,189,334  907,908,202 

2.78%

5/24/2024  32,734,412,991  31,829,431,499  904,981,493 

2.76%

5/23/2024  32,742,638,934  31,839,169,827  903,469,107 

2.76%

5/22/2024  32,736,861,827  31,834,889,794  901,972,033 

2.76%

5/21/2024  32,729,107,643  31,828,674,108  900,433,535 

2.75%

5/20/2024  32,720,108,688  31,820,792,627  899,316,061 

2.75%

5/17/2024  32,663,807,505  31,767,943,046  895,864,458 

2.74%

5/16/2024  32,642,208,645  31,747,792,237  894,416,408 

2.74%

5/15/2024  32,608,926,445  31,716,678,576  892,247,869 

2.74%

5/14/2024  32,555,274,727  31,665,273,658  890,001,069 

2.73%

5/13/2024  32,528,997,289  31,641,228,002  887,769,287 

2.73%

5/10/2024  32,447,198,785  31,565,575,635  881,623,150 

2.72%

5/9/2024  32,418,302,844  31,538,534,992  879,767,852 

2.71%

5/8/2024  32,390,451,717  31,512,500,775  877,950,942 

2.71%

5/7/2024  32,368,629,781  31,491,469,062  877,160,719 

2.71%

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Facts : 9/23/1975
Mallam Adamu Ciroma:Mallam Adamu Ciroma was appointed the third Nigerian Governor of the Central Bank of Nigeria, from September 23rd, 1975 to June 27th, 1977. He later served as the Minister of Finance in the first Obasanjo democratic administration
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