Home | About Us | FAQs | RSS | Contact Us | Sitemap | Careers | Educational | Freedom of Information    

Monthly Average Exchange Rates of the Naira(Naira Per Unit of Foreign Currency) - 2018


Month January October November
DAS (USD)
IFEM (USD) 305.78 306.50 306.71
BDC (USD) 363.20 360.74 362.82
GB POUNDS 422.35 398.86 395.87
EURO 373.00 351.87 348.61
CFAFr 0.57 0.54 0.53
       
Click the small arrows to move the data one or three months forwards or backwards within the year in display. go back three months     go back one month  

go forward one month     go forward three months

Choose year to display. 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004  
Export to Excel Monthly Average Exchange Rates of the Naira
DAS/WDAS = Dutch Auction System/Wholesale Dutch Auction System, IFEM is Inter-bank Foreign Exchange Market, BDC is Bureau de Change

* DAS/WDAS exchange rate from August 2005, include 1 per cent commission

*Exchange rate for February 2015 was as at February 18th when the retail DAS segment of the FOREX market was closed.
Facts : 1/7/1959
Evolution of Departments:At inception, the organisational structure of the CBN was understandably simple consisting of two departments, namely, the General Manager's and the Secretary's Departments, with the appropriate division of labour as then percieved. The General Manager's Department was responsible for all the Department banking, currency issues, debt management and other operational functions of the bank while the Secretary's Department handled the administrative and staff matters, carried out some research into the economic and financial conditions, and collected and analysed relevant statistics for policy formulation.
See All: Facts | Events

Related Links
Money and Credit Statistics
Money Market Indicators
Inflation Rates
Balance of Payments Statistics
Crude Oil Price