ABSTRACT This paper examines the dynamic relationship between inflation and exchange rate volatility in Nigeria for the period 1970 to 2010 using Johansen Cointegration Technique. GARCH and ARCH (1,1) technique was employed to analyse the Volatility in Exchange Rate, and it was observed that the Exchange Rate was volatile over the study period. Augmented Dickey-Fuller was employed to determine the order of integration, and it was observed that the variables exhibited stochastic trend. Johanse...
