The effective exchange rate in Nigeria

12.9 Index on Feb 2024

Though Nigeria effective exchange rate fluctuated substantially in recent months, it tended to decrease through March 2019 - February 2024 period ending at 12.9 index in February 2024.

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The effective exchange rate in Nigeria
Constant Prices 50.71 Index on Feb 2024 WB + 1 other
The effective exchange rate in Africa
Morocco 121.53 Index on Feb 2024 WB
Gabon 105.83 Index on Dec 2018 WB
Cameroon 103.02 Index on Dec 2018 WB
Uganda 77.7 Index on Dec 2018 WB
Algeria 77.07 Index on Dec 2018 WB
Lesotho 63.27 Index on Dec 2018 WB
Tunisia 58.58 Index on Dec 2018 WB
Zambia 55.64 Index on Dec 2018 WB
South Africa 50.12 Index on Feb 2024 WB
The exchange rate of Nigeria
Official Exchange Rate 1,501.44 LCU per USD on Feb 2024 WB