The study looked at how exchange rates affect inflation in Nigeria from 1981 to 2015. They used data from different sources to see how the exchange rate, non-oil exports, and money supply relate to inflation. The results showed that when the exchange rate goes up, inflation also goes up. This means that high exchange rates lead to higher prices for imported goods, which can cause inflation. The researchers suggest that the government should not only rely on exchange rates to control inflation, but also focus on increasing non-oil exports to balance the demand for foreign currency.