Foreign Exchange Reserves in Nigeria decreased to 45071 USD Million in June from 45123 USD Million in May of 2019. Foreign Exchange Reserves in Nigeria averaged 11724.92 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 43600.00 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 46400.00 in 12 months time. In the long-term, the Nigeria Foreign Exchange Reserves is projected to trend around 48000.00 USD Million in 2020, according to our econometric models.

Nigeria Foreign Exchange Reserves
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Calendar GMT Actual Previous Consensus TEForecast
2019-03-29 09:00 AM Foreign Exchange Reserves Mar $44.14B $42.33B $ 43B
2019-04-30 01:45 PM Foreign Exchange Reserves Apr $44.79B $44.14B $ 47B
2019-05-31 08:00 AM Foreign Exchange Reserves May $45.09B $44.79B $ 45B
2019-07-01 03:00 PM Foreign Exchange Reserves Jun $45.07B $45.12B $ 45B
2019-07-31 01:00 PM Foreign Exchange Reserves Jul $45.07B $ 46B
2019-08-30 01:00 PM Foreign Exchange Reserves Aug $45B
2019-09-27 08:00 AM Foreign Exchange Reserves Sep $43.6B


Nigeria Money Last Previous Highest Lowest Unit
Interest Rate 13.50 13.50 14.00 6.00 percent [+]
Cash Reserve Ratio 22.50 22.50 31.00 1.00 percent [+]
Money Supply M0 2111848.42 2158698.81 2329706.58 193939.30 NGN Million [+]
Money Supply M1 11385054.63 11252429.94 11751139.21 396991.90 NGN Million [+]
Money Supply M2 34897619.81 35167529.95 35167529.95 648506.60 NGN Million [+]
Foreign Exchange Reserves 45071.00 45123.00 62081.86 63.22 USD Million [+]
Deposit Interest Rate 9.48 9.68 27.00 2.00 percent [+]
Lending Rate 15.33 18.23 37.80 6.00 percent [+]


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 July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
45071.00 45123.00 62081.86 63.22 1960 - 2019 USD Million Monthly




Country Last Previous
Argentina 59091.00 May/19
Australia 77470.00 Jun/19
Brazil 388092.00 Jun/19
Canada 86300.00 Jun/19
China 3119234.00 Jun/19
Euro Area 70.31 Jun/19
France 163.90 Jun/19
Germany 187401.00 Jun/19
India 428800.00 Jul/19
Indonesia 123823.00 Jun/19
Italy 145193.00 Jun/19
Japan 1322279.00 Jun/19
Mexico 185417.00 May/19
Netherlands 36125.00 Jun/19
Russia 518363.00 Jun/19
Saudi Arabia 1939078.00 May/19
Singapore 370557.90 Jun/19
South Africa 49804.00 Jun/19
South Korea 403070.00 Jun/19
Spain 64667.34 Jun/19
Switzerland 759075.00 Jun/19
Turkey 136420.40 May/19
United Kingdom 168206.36 Jun/19
United States 126967.00 May/19


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