Foreign Exchange Reserves in Nigeria increased to 40870 USD Million in December from 40240 USD Million in November of 2024. Foreign Exchange Reserves in Nigeria averaged 13840.93 USD Million from 1960 until 2024, 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. source: Central Bank of Nigeria

Foreign Exchange Reserves in Nigeria is expected to be 45000.00 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 40000.00 USD Million in 2026, according to our econometric models.




Calendar GMT Reference Actual Previous Consensus TEForecast
2024-11-29 09:00 AM
Foreign Exchange Reserves
Nov $40.24B $39.79B $40.0B
2024-12-31 09:00 AM
Foreign Exchange Reserves
Dec $40.87B $40.24B $40.0B
2025-01-31 09:00 AM
Foreign Exchange Reserves
Jan $40.87B $42.0B


Related Last Previous Unit Reference
Cash Reserve Ratio 50.00 50.00 percent Dec 2024
Deposit Interest Rate 9.53 11.65 percent Nov 2024
Foreign Exchange Reserves 40870.00 40240.00 USD Million Dec 2024
Interbank Rate 28.85 27.71 percent Jan 2025
Interest Rate 27.50 27.50 percent Dec 2024
Lending Rate 18.39 17.36 percent Nov 2024
Money Supply M0 4878125.22 4549217.51 NGN Million Nov 2024
Money Supply M1 36273927.36 34784293.44 NGN Million Nov 2024
Money Supply M2 108946684.26 107988822.02 NGN Million Nov 2024
Money Supply M3 108966480.44 107999619.24 NGN Million Nov 2024

Nigeria Foreign Exchange Reserves
Actual Previous Highest Lowest Dates Unit Frequency
40870.00 40240.00 62081.86 63.22 1960 - 2024 USD Million Monthly