Foreign Exchange Reserves in Nigeria decreased to 41992 USD Million in November from 42128 USD Million in October of 2018. Foreign Exchange Reserves in Nigeria averaged 11406.02 USD Million from 1960 until 2018, 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 55300.00 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 40175.82 in 12 months time. In the long-term, the Nigeria Foreign Exchange Reserves is projected to trend around 57000.00 USD Million in 2020, according to our econometric models.

Nigeria Foreign Exchange Reserves
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-31 01:00 PM Foreign Exchange Reserves $45.91B $47.25B $50.3B
2018-09-28 08:00 AM Foreign Exchange Reserves $44.46B $45.91B $50.9B
2018-10-31 12:30 PM Foreign Exchange Reserves $42.13B $44.46B $43B
2018-11-30 02:40 PM Foreign Exchange Reserves $41.99B $42.13B $41.9B
2018-12-28 12:00 PM Foreign Exchange Reserves $41.99B $55.3B
2019-01-31 05:00 PM Foreign Exchange Reserves
2019-02-28 03:25 PM Foreign Exchange Reserves


Nigeria Money Last Previous Highest Lowest Unit
Interest Rate 14.00 14.00 14.00 6.00 percent [+]
Cash Reserve Ratio 22.50 22.50 31.00 1.00 percent [+]
Money Supply M0 1956009.42 1926382.16 2179174.28 193939.30 NGN Million [+]
Money Supply M1 11130260.91 10681493.86 11271506.82 396991.90 NGN Million [+]
Money Supply M2 25713707.60 25277071.26 25713707.60 648506.60 NGN Million [+]
Foreign Exchange Reserves 41992.00 42128.00 62081.86 63.22 USD Million [+]
Deposit Interest Rate 9.47 9.44 27.00 2.00 percent [+]
Lending Rate 16.53 16.59 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
41992.00 42128.00 62081.86 63.22 1960 - 2018 USD Million Monthly




Country Last Previous
Argentina 46974.00 Oct/18
Australia 66029.00 Nov/18
Brazil 379722.00 Nov/18
Canada 82008.00 Nov/18
China 3061697.00 Nov/18
Euro Area 66.37 Oct/18
France 149.63 Nov/18
Germany 168198.00 Nov/18
India 393730.00 Dec/18
Indonesia 117200.00 Nov/18
Italy 129213.40 Nov/18
Japan 1258300.00 Nov/18
Mexico 176584.00 Oct/18
Netherlands 32342.00 Nov/18
Russia 462104.00 Nov/18
Saudi Arabia 1892225.00 Oct/18
Singapore 397209.60 Nov/18
South Africa 50672.00 Nov/18
South Korea 402990.00 Nov/18
Spain 61249.36 Nov/18
Switzerland 748762.60 Nov/18
Turkey 127079.20 Sep/18
United Kingdom 173215.06 Nov/18
United States 123572.00 Oct/18


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