Nigeria | Official exchange rate (LCU per US$, period average)

Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).
Publisher
The World Bank
Origin
Federal Republic of Nigeria
Records
53
Source
Nigeria | Official exchange rate (LCU per US$, period average)
year value
1960 0.714286
1961 0.714286
1962 0.714286
1963 0.714286
1964 0.714286
1965 0.714286
1966 0.714286
1967 0.714286
1968 0.714286
1969 0.714286
1970 0.714286
1971 0.71285583
1972 0.657895
1973 0.657895
1974 0.63028205
1975 0.61550155
1976 0.626601
1977 0.64470106
1978 0.63527199
1979 0.60400737
1980 0.54678089
1981 0.61770818
1982 0.67346126
1983 0.72440985
1984 0.76652745
1985 0.89377408
1986 1.754523
1987 4.01603734
1988 4.53696667
1989 7.364735
1990 8.038285
1991 9.90949167
1992 17.298425
1993 22.0654
1994 21.996
1995 21.89525833
1996 21.884425
1997 21.88605
1998 21.886
1999 92.3381
2000 101.69733333
2001 111.23125
2002 120.57815833
2003 129.22235
2004 132.888025
2005 131.27433333
2006 128.65166667
2007 125.80810833
2008 118.54601667
2009 148.90174167
2010 150.298025
2011 154.7403
2012 156.80968562

Nigeria | Official exchange rate (LCU per US$, period average)

Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).
Publisher
The World Bank
Origin
Federal Republic of Nigeria
Records
53
Source