Foreign Exchange Reserves in Namibia decreased to 40945.47 NAD Million in August from 42696.10 NAD Million in July of 2021. source: Bank of Namibia

Foreign Exchange Reserves in Namibia averaged 15331.49 NAD Million from 2003 until 2021, reaching an all time high of 42696.10 NAD Million in July of 2021 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. Namibia Foreign Exchange Reserves - values, historical data and charts - was last updated on October of 2021.

Foreign Exchange Reserves in Namibia is expected to be 34500.00 NAD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Namibia Foreign Exchange Reserves is projected to trend around 34000.00 NAD Million in 2022 and 35500.00 NAD Million in 2023, according to our econometric models.

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Namibia Foreign Exchange Reserves


Namibia Last Unit Reference Previous Highest Lowest
Interest Rate 3.75 percent Oct/21 3.75 10.50 3.75
Money Supply M1 63154.40 NAD Million Aug/21 61847.90 65989.10 1181.60
Money Supply M2 123049.50 NAD Million Aug/21 121543.70 127829.50 15670.40
Foreign Exchange Reserves 40945.47 NAD Million Aug/21 42696.10 42696.10 1783.20
Money Supply M0 7516.20 NAD Million Aug/21 7988.03 11104.43 857.78
Lending Rate 7.50 percent Aug/21 7.50 24.20 7.50
Central Bank Balance Sheet 43821.60 NAD Million Jul/21 39126.40 43821.60 2526.62


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.