ABSTRACT

Exchangerate isthe priceofonecurrency intermsofanothercurrency. Exchange ratesthisexchangerateisalsoused todeterminethe level ofoutputgrowth ofthe country.Overtheyears,Nigeriahasadoptedvariousexchange rateregimeranging researchworkiscenteredonthe impactof  exchangerate ontheNigeria economic growthwith specialemphasisonthe purchasingpower oftheaverageNigeriaand the  level  of  international  trade  transaction.  Todo this, the classical linear regressionmodelisappliedandthe ordinary leastsquareeconometrictechnique is alsousedtoestimatethe impactofexchangerate oneconomicgrowth.The variables  used  are  GDP  and  non-oil  export  as  the  dependent  variables,  real exchangeratesinterestrates, inflationrateand degreeof trade opennessas the independentvariables.