Nigeria Foreign Exchange Reserves  1960-2017 | Data | Chart | Calendar

Foreign exchange reserves in Nigeria rose to USD30.80 billion by April 26, their highest level since September of 2015, from USD30.31 billion a month ago. The increase could be attributed to a recent rise in crude oil prices and proceeds of latest Eurobond issued last month. The reserves grew 18.1 percent since the start of the year but are still far off their peak of USD64 billion, reached in August of 2008. Foreign Exchange Reserves in Nigeria averaged 10595.83 USD Million from 1960 until 2017, 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.

Nigeria Foreign Exchange Reserves
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-02-28 04:00 PM Feb $29.61B $27.88B $ 25.1B
2017-03-31 03:55 PM Mar $30.3B $29.61B $ 29.4B
2017-04-28 01:00 PM Apr $30.8B $30.3B $ 30.3B
2017-05-31 12:00 PM May $30.8B $31B
2017-06-30 12:00 PM Jun 31382.97
2017-07-31 12:00 PM Jul 31686.31




Nigeria Money Last Previous Highest Lowest Unit
Interest Rate 14.00 14.00 14.00 6.00 percent [+]
Cash Reserve Ratio 22.50 22.50 31.00 1.00 percent [+]
Money Supply M0 1975812.32 1983633.07 2179174.28 193939.30 NGN Million [+]
Money Supply M1 9760415.42 9955241.71 11520166.67 396991.90 NGN Million [+]
Money Supply M2 21712977.06 22024977.97 23840392.42 648506.60 NGN Million [+]
Foreign Exchange Reserves 30800.00 30310.00 62081.86 63.22 USD Million [+]
Deposit Interest Rate 7.50 9.10 23.24 5.27 percent [+]
Interbank Rate 0.00 0.00 38.96 0.00 percent [+]
Lending Rate 17.43 17.13 37.80 6.00 percent [+]


Nigeria Foreign Exchange Reserves Notes

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 May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
30800.00 30310.00 62081.86 63.22 1960 - 2017 USD Million Monthly



foreign exchange reserves by Country

Last
Australia 79855.00 Apr/17
Brazil 374945.00 Apr/17
Canada 84710.00 Apr/17
China 3030000.00 Apr/17
Euro Area 346031.00 Mar/17
France 157.57 Apr/17
Germany 180726.00 Apr/17
India 375270.00 May/17
Indonesia 123249.43 Apr/17
Italy 135378.30 Apr/17
Japan 1242300.00 Apr/17
Mexico 178704.00 Mar/17
Netherlands 34484.00 Apr/17
Russia 400998.00 Apr/17
South Korea 376570.00 Apr/17
Spain 59305.05 Apr/17
Switzerland 695943.10 Apr/17
Turkey 128609.80 Mar/17
United Kingdom 152448.49 Apr/17
United States 118793.00 Mar/17