Foreign Exchange Reserves in Namibia decreased to 28847.29 NAD Million in December from 29752.38 NAD Million in November of 2019. Namibia Foreign Exchange Reserves - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Foreign Exchange Reserves in Namibia averaged 13626.10 NAD Million from 2003 until 2019, reaching an all time high of 35179.23 NAD Million in July of 2019 and a record low of 1783.20 NAD Million in June of 2004. This page provides - Namibia Foreign Exchange Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Bank of Namibia

Foreign Exchange Reserves in Namibia is expected to be 34800.00 NAD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Foreign Exchange Reserves in Namibia to stand at 35600.00 in 12 months time. In the long-term, the Namibia Foreign Exchange Reserves is projected to trend around 36400.00 NAD Million in 2021, according to our econometric models.

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Namibia Foreign Exchange Reserves

Actual Previous Highest Lowest Dates Unit Frequency
28847.29 29752.38 35179.23 1783.20 2003 - 2019 NAD Million Monthly
Current Prices, NSA

Namibia Foreign Exchange Reserves
In Namibia, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans.