The research tries to answer the question
“Does exchange rate fluctuation influence the gross
domestic product (GDP)” as measure of economic growth
in Nigeria for duration of 33 years (1986-2018). The
investigation explicitly inspects the influence of exchange
rate, import, export and government consumption on
GDP to proxy economic growth. Autoregressive
Distributed Lag model (ARDL) Bound test was utilized.
The research discovers proof of long run connection
between exchange rate fluctuation and GDP in Nigeria.
The investigation further uncovers that exchange rate and
government consumption have critical beneficial outcome
on GDP; import has immaterial negative impact on GDP;
export has irrelevant beneficial outcome on GDP. The
research presumes that exchange rate fluctuation has
critical impact on GDP in Nigeria. The research in this
manner recommends that the public authority ought to
present import lessening strategy that will settle the
import-trade adjusts with the end goal that nearby
merchandise can be very much embraced.
Keywords : Exchange Rate, Gross Domestic Product, Economic Growth, ARDL, Nigeria.