Foreign Exchange Reserves in Nigeria increased to 39090 USD Million in June from 38540 USD Million in May of 2022. source: Central Bank of Nigeria

Foreign Exchange Reserves in Nigeria averaged 12962.74 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 July of 2022.

Foreign Exchange Reserves in Nigeria is expected to be 38050.00 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 39000.00 USD Million in 2023 and 41000.00 USD Million in 2024, according to our econometric models.

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Nigeria Foreign Exchange Reserves



Calendar GMT Actual Previous Consensus TEForecast
2022-05-31 09:00 AM May $38.54B $39.65B $40B
2022-06-30 09:00 AM Jun $39.09B $38.54B $38B
2022-07-29 09:00 AM Jul $39.09B


Related Last Previous Unit Reference
Interest Rate 13.00 11.50 percent May 2022
Cash Reserve Ratio 27.50 27.50 percent Jul 2022
Interbank Rate 9.89 9.89 percent Jul 2022
Money Supply M1 20608106.85 19850944.01 NGN Million May 2022
Money Supply M0 3331796.22 3308553.20 NGN Million May 2022
Money Supply M2 48555975.14 47213250.48 NGN Million May 2022
Foreign Exchange Reserves 39090.00 38540.00 USD Million Jun 2022
Deposit Interest Rate 4.44 4.41 percent Apr 2022
Money Supply M3 46542025.44 45654456.11 NGN Million Apr 2022
Lending Rate 11.83 11.84 percent Apr 2022