Gross foreign exchange reserves in South Africa rose to $66.264 billion in February 2025, the largest value since records began in 1998, from $65.876 billion in the previous month. This was driven by increases in gold reserves ($11.545 billion vs $11.315 billion), SDR holdings ($6.229 billion vs $6.185 billion), and foreign currency reserves ($48.490 billion vs $48.376 billion). Additionally, the forward position, representing the central bank's unsettled or swap transactions, rose slightly to $0.531 billion in February from $0.529 billion in the prior month. source: South African Reserve Bank

Foreign Exchange Reserves in South Africa increased to 66264 USD Million in February from 65876 USD Million in January of 2025. Foreign Exchange Reserves in South Africa averaged 36222.19 USD Million from 1998 until 2025, reaching an all time high of 66264.00 USD Million in February of 2025 and a record low of 5316.00 USD Million in September of 1998. This page provides the latest reported value for - South Africa Foreign Exchange Reserves - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Africa Foreign Exchange Reserves - data, historical chart, forecasts and calendar of releases - was last updated on March of 2025.

Foreign Exchange Reserves in South Africa increased to 66264 USD Million in February from 65876 USD Million in January of 2025. Foreign Exchange Reserves in South Africa is expected to be 65700.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Foreign Exchange Reserves is projected to trend around 65200.00 USD Million in 2026 and 64600.00 USD Million in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-02-07 06:00 AM
Foreign Exchange Reserves
Jan $65.88B $65.46B $65.0B
2025-03-07 06:00 AM
Foreign Exchange Reserves
Feb $66.26B $65.88B $66.0B
2025-04-08 06:00 AM
Foreign Exchange Reserves
Mar $66.26B $ 65.7B


Related Last Previous Unit Reference
Banks Balance Sheet 8198323.00 8200252.00 ZAR Million Jan 2025
Central Bank Balance Sheet 1276262.00 1281173.00 ZAR Million Feb 2025
Foreign Exchange Reserves 66264.00 65876.00 USD Million Feb 2025
Interbank Rate 7.56 7.56 percent Mar 2025
Interest Rate 7.50 7.50 percent Mar 2025
Lending Rate 11.00 11.25 percent Feb 2025
Loans to Private Sector 4813230.00 4816620.00 ZAR Million Jan 2025
Money Supply M0 502088.00 504605.00 ZAR Million Jan 2025
Money Supply M1 2698455.00 2706123.00 ZAR Million Jan 2025
Money Supply M2 4479904.00 4473221.00 ZAR Million Jan 2025
M3 Money Supply YoY 5476878.00 5439908.00 ZAR Million Jan 2025

South Africa Foreign Exchange Reserves
In South Africa, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans.
Actual Previous Highest Lowest Dates Unit Frequency
66264.00 65876.00 66264.00 5316.00 1998 - 2025 USD Million Monthly
Current Prices, NSA


News Stream
South Africa Forex Reserves Hit Record High
Gross foreign exchange reserves in South Africa rose to $66.264 billion in February 2025, the largest value since records began in 1998, from $65.876 billion in the previous month. This was driven by increases in gold reserves ($11.545 billion vs $11.315 billion), SDR holdings ($6.229 billion vs $6.185 billion), and foreign currency reserves ($48.490 billion vs $48.376 billion). Additionally, the forward position, representing the central bank's unsettled or swap transactions, rose slightly to $0.531 billion in February from $0.529 billion in the prior month.
2025-03-07
South Africa Forex Reserves Rise in January
Gross foreign exchange reserves in South Africa rose to $65.876 billion in January 2025 from $65.459 billion in the previous month, mainly due to an increase in gold reserves ($11.315 billion vs $10.546 billion in December). Meanwhile, foreign currency reserves decreased ($48.376 billion vs $48.727 billion), while SDR holdings remained relatively stable ($6.185 billion vs $6.186 billion). Additionally, the forward position, representing the central bank's unsettled or swap transactions, edged down to $0.529 billion in January from $0.532 billion in the prior month.
2025-02-07
South Africa Forex Reserves Edge Down from Record Peak
Gross foreign exchange reserves in South Africa declined slightly to $65.459 billion in December 2024, down from $65.859 billion in the previous month, which had been the largest amount since data began in 1998. The decline came amid a drop in the US dollar gold price and the appreciation of the US dollar. Decreases were observed in foreign currency reserves ($48.727 billion vs. $48.896 billion in November), gold reserves ($10.546 billion vs. $10.737 billion), and SDR holdings ($6.186 billion vs. $6.226 billion). Additionally, the forward position, representing the central bank's unsettled or swap transactions, edged down to $0.532 billion in December from $0.538 billion in the previous month.
2025-01-08