Foreign Exchange Reserves in Nigeria decreased to 44940 USD Million in July from 45070 USD Million in June of 2019. Foreign Exchange Reserves in Nigeria averaged 11771.31 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 43600.00 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 46400.00 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
2019-04-30 01:45 PM Foreign Exchange Reserves Apr $44.79B $44.14B $ 47B
2019-05-31 08:00 AM Foreign Exchange Reserves May $45.09B $44.79B $ 45B
2019-07-01 03:00 PM Foreign Exchange Reserves Jun $45.07B $45.12B $ 45B
2019-07-31 08:00 AM Foreign Exchange Reserves Jul $44.94B $45.07B $ 46B
2019-08-30 01:00 PM Foreign Exchange Reserves Aug $44.94B $45B
2019-09-27 08:00 AM Foreign Exchange Reserves Sep $43.6B
2019-10-31 12:30 PM Foreign Exchange Reserves Oct $43B


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 11385054.63 11252429.94 11751139.21 396991.90 NGN Million [+]
Money Supply M2 34897619.81 35167529.95 35167529.95 648506.60 NGN Million [+]
Foreign Exchange Reserves 44940.00 45070.00 62081.86 63.22 USD Million [+]
Deposit Interest Rate 9.48 9.68 27.00 2.00 percent [+]
Lending Rate 15.33 18.23 37.80 6.00 percent [+]


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 August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
44940.00 45070.00 62081.86 63.22 1960 - 2019 USD Million Monthly




Country Last Previous
Argentina 58620.00 Jun/19
Australia 65280.00 Jul/19
Brazil 385730.00 Jul/19
Canada 85260.00 Jul/19
China 3103697.00 Jul/19
Euro Area 73.27 Jul/19
France 173.49 Jul/19
Germany 193244.00 Jul/19
India 430570.00 Aug/19
Indonesia 125900.04 Jul/19
Italy 150179.60 Jul/19
Japan 1316452.00 Jul/19
Mexico 186209.00 Jun/19
Netherlands 37337.00 Jul/19
Russia 519797.00 Jul/19
Saudi Arabia 1923259.00 Jun/19
Singapore 373167.60 Jul/19
South Africa 49360.00 Jul/19
South Korea 403110.00 Jul/19
Spain 65864.03 Jul/19
Switzerland 767899.30 Jul/19
Turkey 135102.90 Jun/19
United Kingdom 173886.54 Jul/19
United States 128338.00 Jun/19


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