Foreign Exchange Reserves in Nigeria decreased to 42330 USD Million in February from 43170 USD Million in January of 2019. Foreign Exchange Reserves in Nigeria averaged 11538.95 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 43000.00 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 43250.00 in 12 months time. In the long-term, the Nigeria Foreign Exchange Reserves is projected to trend around 48300.00 USD Million in 2020, according to our econometric models.

Nigeria Foreign Exchange Reserves
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Calendar GMT Actual Previous Consensus TEForecast
2018-12-31 10:00 AM Foreign Exchange Reserves $43.23B $41.99B $ 43B
2019-01-31 09:00 AM Foreign Exchange Reserves $43.17B $43.23B $ 42B
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 03:00 PM Foreign Exchange Reserves $44.14B $ 47B
2019-05-31 03:00 PM Foreign Exchange Reserves $ 48B
2019-06-28 08:00 PM Foreign Exchange Reserves $ 48B


Nigeria Money Last Previous Highest Lowest Unit
Interest Rate 13.50 14.00 14.00 6.00 percent [+]
Cash Reserve Ratio 22.50 22.50 31.00 1.00 percent [+]
Money Supply M0 2241313.48 2139666.39 2329706.58 193939.30 NGN Million [+]
Money Supply M1 11028859.34 11135887.40 11751139.21 396991.90 NGN Million [+]
Money Supply M2 34798025.93 33824861.31 34798025.93 648506.60 NGN Million [+]
Foreign Exchange Reserves 42330.00 43170.00 62081.86 63.22 USD Million [+]
Deposit Interest Rate 9.69 9.50 27.00 2.00 percent [+]
Lending Rate 16.01 16.17 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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
42330.00 43170.00 62081.86 63.22 1960 - 2019 USD Million Monthly




Country Last Previous
Argentina 61408.00 Feb/19
Australia 77092.00 Mar/19
Brazil 384165.00 Mar/19
Canada 83416.00 Mar/19
China 3098761.00 Mar/19
Euro Area 70.45 Mar/19
France 156.86 Mar/19
Germany 178088.00 Mar/19
India 414900.00 Apr/19
Indonesia 124539.31 Mar/19
Italy 137723.20 Mar/19
Japan 1291813.00 Mar/19
Mexico 181007.00 Feb/19
Netherlands 34398.00 Mar/19
Russia 487803.00 Mar/19
Saudi Arabia 1817241.00 Feb/19
Singapore 400216.20 Mar/19
South Africa 49679.00 Mar/19
South Korea 405250.00 Mar/19
Spain 63746.40 Mar/19
Switzerland 756012.50 Mar/19
Turkey 139273.00 Feb/19
United Kingdom 169493.02 Mar/19
United States 125827.00 Feb/19


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