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Monthly Average Exchange Rates of the Naira (Naira Per Unit of Foreign Currency) - 2018
 
Month January February March
DAS (USD)
IFEM (USD) 305.78 305.90 305.74
BDC (USD) 363.20 362.48 362.07
GB POUNDS 422.35 427.40 427.26
EURO 373.00 377.84 377.19
CFAFr 0.57 0.58 0.57
       
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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
Paris Club of Creditors:The club represents only government guaranteed creditors. Members include the United States of America, United Kingdom, Germany, France and Canada, who guarantee the export activities of their nationals. When the recipient nation s government is unable to pay the equivalent of the imports domestic currency cover, it becomes government debt owed to creditor nations. The first Paris Club meeting was held in 1956.
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