Coconut oil is a mediumchain fatty acid. It will literally nourish the skin and it also helps rebuild elastigen and collagen in the skin for a more youthful appearance.
It's not a magic bullet. I know the feeling about driness. You skin is DRINKING IT UP!! Just keep using it and you'll see a change!!! My hands feel more velvety now than ever in my life. My legs looked like they would have made great alligartor bag or shoes, now they are being to have a natural looking sheen.