0704-883-0675     |      dataprojectng@gmail.com

THE IMPACT OF EXCHANGE RATE FLUCTUATION ON THE NIGERIA ECONOMIC GROWTH (1993 – 2023)

  • Project Research
  • 1-5 Chapters
  • Abstract : Available
  • Table of Content: Available
  • Reference Style: Available
  • Recommended for : Student Researchers
  • NGN 3000

ABSTRACT

This research work is centred on the impact of exchange rate fluctuation on the Nigeria’s economic growth with special emphasis on purchasing power of the average Nigeria and the level of international trade transaction. Without exchange rate the exchange of goods and services among trading partners will be faced with a lot of problems, which may virtually narrow it down to trade by barter. This exchange also is used to determine the level of output growth of the country. Hence, the rate at which exchange fluctuates calls for a lot of attention. However, with already existing exchange rate policies, a constant exchange rate has not been attained. The rate by which exchange rate fluctuates brings about uncertainty in the trade transaction, and also the rate of naira has been unleashed and continues to depreciate. This has resulted to declines in standard of living of the population increase in costs of production (this is because most of the raw materials needed by industries are usually imported), which resulted in cost-push inflation. We made use of many tests, like the t-statistics table, f-statistic table and the chi- square etc. When we found out real exchange rate has a positive effect on the GDP.





Related Project Materials

THE EFFECT OF BANKING REGULATION AND RESERVE ON THE PERFORMANCE OF COMMERCIAL BANK

ABSTRACT

It was in the year 1892 that banking activities first started in Nigeria with...

Read more
ISOLATION AND IDENTIFICATION OF BACTERIA FROM FOOD VENDORS AND SOME VEGETABLE AVAILABLE AT OGBETE MARKET ENUGU.

ABSTRACT

Safety of food is a basic requirement of food quality. A total of 25 street food samples (Jollof rice, egwusi soup, ugu, water l...

Read more
THE EFFECT OF THE USE OF TECHNOLOGY ON THE INSTRUCTION OF MATHEMATICS AND ENGLISH SECONDARY SCHOOLS

ABSTRACTS

The purpose of this study was to examine the effect of the use of technology on the instructi...

Read more
A SURVEY ON THE UTILIZATION OF ACCOUNTING SYSTEMS FOR IMPROVING THE PERFOMANCE OF NON-PROFIT ORGANIZATIONS

EXCERPT FROM THE STUDY

An Accounting system is then the totality of methods and procedures as well as the processes adop...

Read more
EXAMINING THE ROLE OF EARLY CHILDHOOD EDUCATION IN DEVELOPING CULTURAL COMPETENCE

 ABSTRACT: This study Examined the Role of Early Childhood Education in Developing Cultural Competence....

Read more
THE ROLE OF SUSTAINABILITY CERTIFICATIONS IN VOCATIONAL TRAINING

ABSTRACT: The Role of Sustainability Certifications in Vocational Training is increasingly significant as industries prioritize sustainable pr...

Read more
EXAMINING FINANCIAL CRIMES AND THE ROLE OF FORENSIC ACCOUNTING METHODOLOGIES

Abstract: EXAMINING FINANCIAL CRIMES AND THE ROLE OF FORENSIC ACCOUNTING METHODOLOGIES

This study examines the role of forensic accountin...

Read more
THE IMPACT OF TARGET COSTING AND ITS APPLICATION IN COST MANAGEMENT IN THE PHARMACEUTICALS

Abstract: THE IMPACT OF TARGET COSTING AND ITS APPLICATION IN COST MANAGEMENT IN THE PHARMACEUTICALS

This study examines the impact of ta...

Read more
THE INFLUENCE OF E-NAIRA AND SMALL BANKS SURVIVAL

Background of the study

A bank is a financial organization that collects deposits and puts those deposi...

Read more
IMPACT OF INTERNET USAGE ON THE ACADEMIC PERFORMANCE OF STUDENTS IN NIGERIA

Abstract The recognized potential of technology to improve education has led to several initiatives to foster effective use and integration in the...

Read more
Share this page with your friends




whatsapp