Foreign Exchange Reserves in Nigeria increased to 33660 USD Million in August from 33330 USD Million in July of 2021. source: Central Bank of Nigeria

Foreign Exchange Reserves in Nigeria averaged 12602.66 USD Million from 1960 until 2021, 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 2021.

Foreign Exchange Reserves in Nigeria is expected to be 34000.00 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 36000.00 USD Million in 2022 and 37000.00 USD Million in 2023, according to our econometric models.

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Nigeria Foreign Exchange Reserves


Calendar GMT Actual Previous Consensus TEForecast
2021-06-30 09:00 AM Jun $33.42B $34.25B $34B
2021-07-30 09:00 AM Jul $33.33B $33.42B $33B
2021-08-31 09:00 AM Aug $33.66B $33.40B $33B
2021-09-30 09:00 AM Sep $36.26B $34.02B $34B
2021-10-29 09:00 AM Oct $36.26B
2021-11-30 09:00 AM Nov
2021-12-30 09:00 AM Dec


Nigeria Last Unit Reference Previous Highest Lowest
Interest Rate 11.50 percent Sep/21 11.50 14.00 6.00
Cash Reserve Ratio 27.50 percent Oct/21 27.50 31.00 1.00
Interbank Rate 8.47 percent Oct/21 8.47 38.96 0.00
Money Supply M1 16408026.85 NGN Million Aug/21 16291049.38 16551196.56 74220.52
Money Supply M0 2778706.01 NGN Million Aug/21 2812103.48 2908462.40 38580.37
Money Supply M2 40744532.18 NGN Million Aug/21 39769833.80 40744532.18 648506.60
Foreign Exchange Reserves 33660.00 USD Million Aug/21 33330.00 62081.86 63.22
Deposit Interest Rate 4.80 percent Aug/21 4.78 27.00 2.00
Lending Rate 11.62 percent Aug/21 11.57 37.80 6.00
Money Supply M3 39789168.03 NGN Million Jul/21 39435900.44 39789168.03 10478417.29