Foreign Exchange Reserves in Nigeria decreased to 37120 USD Million in November from 37490 USD Million in October of 2022. source: Central Bank of Nigeria

Foreign Exchange Reserves in Nigeria averaged 13130.13 USD Million from 1960 until 2022, 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 December of 2022.

Foreign Exchange Reserves in Nigeria is expected to be 36750.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Nigeria Foreign Exchange Reserves is projected to trend around 38000.00 USD Million in 2023 and 42000.00 USD Million in 2024, according to our econometric models.

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Nigeria Foreign Exchange Reserves



Calendar GMT Actual Previous Consensus TEForecast
2022-10-31 09:00 AM Oct $37.49B $38.32B $38B
2022-11-30 09:00 AM Nov $37.12B $37.49B $36B
2022-12-30 09:00 AM Dec $37.12B $37B


Related Last Previous Unit Reference
Interest Rate 16.50 15.50 percent Nov 2022
Cash Reserve Ratio 32.50 32.50 percent Dec 2022
Interbank Rate 15.10 15.10 percent Dec 2022
Money Supply M1 21323643.56 21188070.11 NGN Million Oct 2022
Money Supply M0 3298786.78 3228752.06 NGN Million Oct 2022
Money Supply M2 50577358.02 49316901.83 NGN Million Oct 2022
Foreign Exchange Reserves 37120.00 37490.00 USD Million Nov 2022
Deposit Interest Rate 8.01 6.99 percent Oct 2022
Lending Rate 12.23 12.23 percent Oct 2022
Money Supply M3 49932982.31 49356443.64 NGN Million Sep 2022