Since the exchange rate between the Naira (N) and the USD ($) was found to be non-stationary, Fig. 5 and
Table 2, clearly shows that the naira will not have major fluctuation (upward or downward trend) against the USD,
with probable exchange rate of N150.51k (one hundred and fifty naira fifty-one kobo) per USD ($) in the next 48
months (Jan., 2012-Dec., 2014). This may help policy makers to conduct a suitable monetary policy which will in
turn achieve its desired objectives and higher economic activity. This may also help the policy makers in extracting
useful information about the economic and financial conditions.