Foreign Exchange Reserves in Nigeria decreased to 35660 USD Million in August from 35900 USD Million in July of 2020. source: Central Bank of Nigeria

Foreign Exchange Reserves in Nigeria averaged 12236.44 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 October of 2020.

Foreign Exchange Reserves in Nigeria is expected to be 35800.00 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 37400.00 in 12 months time. In the long-term, the Nigeria Foreign Exchange Reserves is projected to trend around 40000.00 USD Million in 2021 and 42000.00 USD Million in 2022, according to our econometric models.

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Nigeria Foreign Exchange Reserves

Actual Previous Highest Lowest Dates Unit Frequency
35660.00 35900.00 62081.86 63.22 1960 - 2020 USD Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-06-30 10:00 AM Jun $36.2B $36.4B $38B
2020-07-30 09:00 AM Jul $35.9B $36.2B $36B
2020-08-31 09:00 AM Aug $35.7B $35.9B $35B
2020-09-30 09:00 AM Sep $35.8B $35.7B $35B
2020-10-30 09:00 AM Oct $35.8B $36B
2020-11-30 09:55 AM Nov
2020-12-30 12:00 PM Dec $38B