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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 %
7/19/2024  36,012,619,715  35,111,866,167  900,753,548 

2.50%
7/18/2024  35,932,792,726  35,031,228,251  901,564,474 

2.51%
7/17/2024  35,851,838,250  34,949,606,991  902,231,259 

2.52%
7/16/2024  35,772,251,943  34,869,496,287  902,755,656 

2.52%
7/15/2024  35,696,544,884  34,792,963,901  903,580,982 

2.53%
7/12/2024  35,375,089,462  34,469,832,211  905,257,251 

2.56%
7/11/2024  35,277,858,362  34,371,974,785  905,883,577 

2.57%
7/10/2024  35,179,422,568  34,272,774,740  906,647,827 

2.58%
7/9/2024  35,134,058,179  34,226,307,246  907,750,933 

2.58%
7/8/2024  35,051,009,416  34,142,672,991  908,336,424 

2.59%
7/5/2024  34,770,768,329  33,859,512,537  911,255,793 

2.62%
7/4/2024  34,656,734,460  33,744,555,011  912,179,449 

2.63%
7/3/2024  34,546,507,522  33,633,460,393  913,047,129 

2.64%
7/2/2024  34,432,047,080  33,517,877,178  914,169,902 

2.65%
7/1/2024  34,340,719,251  33,425,467,274  915,251,977 

2.67%
6/28/2024  34,191,523,806  33,274,390,120  917,133,686 

2.68%
6/27/2024  34,143,615,899  33,225,831,055  917,784,844 

2.69%
6/26/2024  34,072,713,855  33,154,410,663  918,303,192 

2.70%
6/25/2024  33,998,818,343  33,079,965,415  918,852,927 

2.70%
6/24/2024  33,913,193,054  32,993,981,808  919,211,246 

2.71%
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%
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Facts : 2/1/1933
Indigenous Banking in Nigeria:The story of indegenous banking in Nigeria began with the establishment of the National Bank of Nigeria Limited in February 1933.
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