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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 %
8/22/2023  33,764,605,225  33,012,958,386  751,646,839 

2.23%

8/21/2023  33,775,718,097  33,024,308,626  751,409,472 

2.22%

8/18/2023  33,807,272,747  33,056,154,425  751,118,322 

2.22%

8/17/2023  33,820,931,335  33,070,035,418  750,895,918 

2.22%

8/16/2023  33,833,151,960  33,082,564,046  750,587,914 

2.22%

8/15/2023  33,845,244,657  33,094,974,862  750,269,795 

2.22%

8/14/2023  33,860,189,101  33,110,606,709  749,582,392 

2.21%

8/11/2023  33,870,600,947  33,121,490,884  749,110,064 

2.21%

8/10/2023  33,884,843,549  33,136,261,268  748,582,281 

2.21%

8/9/2023  33,897,958,919  33,148,992,110  748,966,809 

2.21%

8/8/2023  33,918,924,322  33,169,575,118  749,349,205 

2.21%

8/7/2023  33,935,293,506  33,185,951,076  749,342,429 

2.21%

8/4/2023  33,929,253,238  33,182,548,076  746,705,162 

2.20%

8/3/2023  33,926,891,372  33,181,577,471  745,313,900 

2.20%

8/2/2023  33,965,384,240  33,220,316,411  745,067,829 

2.19%

8/1/2023  33,944,987,133  33,200,136,323  744,850,811 

2.19%

7/28/2023  33,952,248,667  33,205,862,744  746,385,923 

2.20%

7/27/2023  33,949,405,649  33,204,012,316  745,393,333 

2.20%

7/26/2023  33,946,494,875  33,202,109,204  744,385,671 

2.19%

7/25/2023  33,944,720,573  33,201,329,257  743,391,316 

2.19%

7/21/2023  33,965,691,619  33,225,678,012  740,013,607 

2.18%

7/20/2023  33,972,711,685  33,233,539,755  739,171,930 

2.18%

7/19/2023  33,980,006,467  33,241,666,101  738,340,367 

2.17%

7/18/2023  33,995,389,196  33,257,062,386  738,326,810 

2.17%

7/14/2023  34,038,631,615  33,300,947,473  737,684,142 

2.17%

7/13/2023  34,047,668,667  33,310,963,462  736,705,205 

2.16%

7/12/2023  34,060,871,161  33,324,410,645  736,460,517 

2.16%

7/11/2023  34,070,520,770  33,334,224,152  736,296,618 

2.16%

7/10/2023  34,080,899,890  33,345,689,839  735,210,051 

2.16%

7/7/2023  34,062,885,563  33,329,849,559  733,036,003 

2.15%

7/6/2023  34,059,175,988  33,328,338,942  730,837,046 

2.15%

[1/9]

 

Facts : 1/1/1900
Central Banking:The earliest known bank of issue is the Riksbank of Sweden (1656). Modern central banking started with Bank of England (1694). Central Bank of Nigeria began operations in 1959.
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