Foreign Exchange Reserves in Nigeria decreased to 36220 USD Million in June from 36400 USD Million in May of 2020.

Foreign Exchange Reserves in Nigeria averaged 12171.67 USD Million from 1960 until 2020, 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. This page provides - Nigeria Foreign Exchange Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news. Nigeria Foreign Exchange Reserves - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020. source: Central Bank of Nigeria

Foreign Exchange Reserves in Nigeria is expected to be 38000.00 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 47500.00 in 12 months time. In the long-term, the Nigeria Foreign Exchange Reserves is projected to trend around 52000.00 USD Million in 2021 and 54000.00 USD Million in 2022, according to our econometric models.

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Nigeria Foreign Exchange Reserves

Actual Previous Highest Lowest Dates Unit Frequency
36220.00 36400.00 62081.86 63.22 1960 - 2020 USD Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-03-31 09:00 AM Mar $35.52B $36.38B $33B
2020-04-30 09:00 AM Apr $33.44B $35.16B $30B
2020-05-29 09:00 AM May $36.4B $33.44B $32B
2020-06-30 10:00 AM Jun $36.2B $36.4B $38B
2020-07-31 08:00 AM Jul $36.2B
2020-08-31 11:10 AM Aug
2020-09-30 08:30 AM Sep $45B
2020-10-30 09:00 AM Oct