Foreign Exchange Reserves in Nigeria increased to 45090 USD Million in May from 44790 USD Million in April of 2019. Foreign Exchange Reserves in Nigeria averaged 11678.17 USD Million from 1960 until 2019, reaching an all time high of 62081.86 USD Million in September of 2008 and a record low of 63.22 USD Million in June of 1968.

Foreign Exchange Reserves in Nigeria is expected to be 45000.00 USD 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 Nigeria to stand at 45000.00 in 12 months time. In the long-term, the Nigeria Foreign Exchange Reserves is projected to trend around 48000.00 USD Million in 2020, according to our econometric models.

Nigeria Foreign Exchange Reserves
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Calendar GMT Actual Previous Consensus TEForecast
2019-02-28 09:00 AM Foreign Exchange Reserves $42.33B $43.17B $ 43B
2019-03-29 09:00 AM Foreign Exchange Reserves $44.14B $42.33B $ 43B
2019-04-30 01:45 PM Foreign Exchange Reserves $44.79B $44.14B $ 47B
2019-05-31 08:00 AM Foreign Exchange Reserves $45.09B $44.79B $ 45B
2019-06-28 11:00 AM Foreign Exchange Reserves $45.09B $ 45B
2019-07-31 09:00 AM Foreign Exchange Reserves $ 46B
2019-08-30 01:00 PM Foreign Exchange Reserves $45B


Nigeria Money Last Previous Highest Lowest Unit
Interest Rate 13.50 13.50 14.00 6.00 percent [+]
Cash Reserve Ratio 22.50 22.50 31.00 1.00 percent [+]
Money Supply M0 2111848.42 2158698.81 2329706.58 193939.30 NGN Million [+]
Money Supply M1 11252429.94 10945250.06 11751139.21 396991.90 NGN Million [+]
Money Supply M2 34897619.81 35167529.95 35167529.95 648506.60 NGN Million [+]
Foreign Exchange Reserves 45090.00 44790.00 62081.86 63.22 USD Million [+]
Deposit Interest Rate 9.48 9.68 27.00 2.00 percent [+]
Lending Rate 18.23 14.92 37.80 6.00 percent [+]
Money Supply M3 35116968.08 34255438.69 35116968.08 10478417.29 NGN Million [+]


Nigeria Foreign Exchange Reserves

This page provides - Nigeria Foreign Exchange Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Foreign Exchange Reserves - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
45090.00 44790.00 62081.86 63.22 1960 - 2019 USD Million Monthly




Country Last Previous
Argentina 65345.00 Apr/19
Australia 79919.00 May/19
Brazil 386162.00 May/19
Canada 85704.00 May/19
China 3101004.00 May/19
Euro Area 70.73 May/19
France 159.86 May/19
Germany 180073.00 May/19
India 422200.00 Jun/19
Indonesia 120347.15 May/19
Italy 140206.40 May/19
Japan 1307975.00 May/19
Mexico 184661.00 Apr/19
Netherlands 35323.00 May/19
Russia 495232.00 May/19
Saudi Arabia 1894071.00 Apr/19
Singapore 365355.80 May/19
South Africa 48329.00 May/19
South Korea 401970.00 May/19
Spain 64528.31 May/19
Switzerland 759913.00 May/19
Turkey 137336.40 Apr/19
United Kingdom 165203.57 May/19
United States 127264.00 Apr/19


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