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Foreign Exchange Auction (WDAS)


Auction No66 held on 8/30/2010
Total Amount OfferedUS$ 400,000,000.00
Total Amount SoldUS$ 400,000,000.00
Number of Banks24

Auction No65 held on 8/25/2010
Total Amount OfferedUS$ 250,000,000.00
Total Amount SoldUS$ 250,000,000.00
Number of Banks25

Auction No64 held on 8/23/2010
Total Amount OfferedUS$ 200,000,000.00
Total Amount SoldUS$ 200,000,000.00
Number of Banks24

Auction No63 held on 8/18/2010
Total Amount OfferedUS$ 250,000,000.00
Total Amount SoldUS$ 250,000,000.00
Number of Banks22

Auction No62 held on 8/16/2010
Total Amount OfferedUS$ 200,000,000.00
Total Amount SoldUS$ 200,000,000.00
Number of Banks22

Auction No61 held on 8/11/2010
Total Amount OfferedUS$ 150,000,000.00
Total Amount SoldUS$ 150,000,000.00
Number of Banks19

Auction No60 held on 8/9/2010
Total Amount OfferedUS$ 200,000,000.00
Total Amount SoldUS$ 188,927,972.19
Number of Banks24

Auction No59 held on 8/4/2010
Total Amount OfferedUS$ 150,000,000.00
Total Amount SoldUS$ 150,000,000.00
Number of Banks17

Auction No58 held on 8/2/2010
Total Amount OfferedUS$ 200,000,000.00
Total Amount SoldUS$ 159,591,712.21
Number of Banks19

Auction No57 held on 7/28/2010
Total Amount OfferedUS$ 200,000,000.00
Total Amount SoldUS$ 190,582,565.93
Number of Banks21



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Facts : 1/1/1990
Guidlines for Licensed Banks:In 1990, the CBN introduced a set of Prudential guidelines for licensed banks which were complimentary to the capital adequacy requirement and statement of accounting standards. The guidelines spelt out the criteria to be adopted by banks in classifying non-performing loans.
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Foreign Exchange Dutch Auctions
Exchange Rates
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Discount Window
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