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            Monthly Average Exchange Rates of the Naira(Naira Per Unit of Foreign Currency) - 2021


              2021
            Month January February March
            DAS (USD)
            IFEM (USD) 381.00 381.00 381.00
            BDC (USD) 472.40 476.05 481.21
            GB POUNDS 519.70 528.05 528.05
            EURO 463.84 460.96 453.51
            CFAFr 0.71 0.70 0.69
                   
            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  

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            Choose year to display. 2021 2020 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 : 7/1/1959
            POLICY MAKING ORGAN:The Board of Directors is responsibe for formulating the Monetary/Credit and Exchange rate policy proposals for the approval of the Federal Executive Council and for implementating approved policy guidelines.
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