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Monthly Average Exchange Rates of the Naira (Naira Per Unit of Foreign Currency) - 2015
 
Month January October November
DAS (USD) 169.68
IFEM (USD) 181.78 196.99 196.99
BDC (USD) 196.13 224.83 232.40
GB POUNDS 254.39 302.26 299.38
EURO 194.85 221.45 211.53
CFAFr 0.30 0.34 0.32
       
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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 : 1/1/1900
Federal Ministry of Finance:The Federal Ministry of Finance (FMF) advises the Federal Government on its fiscal operations and collaborates with the Central Bank of Nigeria (CBN) on monetary matters. Before 1991, the responsibility for the supervision and licensing of banks was shared between FMF and CBN until 1991 when CBN became the sole authority.
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