Foreign Exchange Reserves in Nigeria decreased to 40530 USD Million in December from 41190 USD Million in November of 2021. source: Central Bank of Nigeria

Foreign Exchange Reserves in Nigeria averaged 12749.39 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 January of 2022.

Foreign Exchange Reserves in Nigeria is expected to be 41000.00 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
2021-11-30 09:00 AM Nov $41.28B $41.75B $43B
2021-12-31 09:00 AM Dec $40.53B $41.19B $41B
2022-01-28 09:00 AM Jan $40.53B $41B


Related Last Previous Unit Reference
Interest Rate 11.50 11.50 percent Dec/21
Cash Reserve Ratio 27.50 27.50 percent Jan/22
Interbank Rate 11.18 11.18 percent Jan/22
Money Supply M1 17081031.93 16553042.48 NGN Million Nov/21
Money Supply M0 3148591.60 2965985.43 NGN Million Nov/21
Money Supply M2 42572203.40 41369902.01 NGN Million Nov/21
Foreign Exchange Reserves 40530.00 41190.00 USD Million Dec/21
Deposit Interest Rate 5.02 4.80 percent Oct/21
Money Supply M3 42576322.34 41370835.30 NGN Million Nov/21
Lending Rate 11.61 11.73 percent Oct/21