Angola: Foreign exchange reserves

(measure: billion Angolan Kwanza, source: Bank of Angola)

* indicates monthly or quarterly data series

Foreign exchange reserves, billion currency units in Angola, April, 2019: For that indicator, Bank of Angola provides data for Angola from 2017 to 2019. The average value for Angola during that period was 4219.6 billion Angolan Kwanza with a minumum of 3002.95 billion Angolan Kwanza in December 2017 and a maximum of 5277.24 billion Angolan Kwanza in April 2019. Click on the following link to see the values of Foreign exchange reserves, billion currency units around the world.

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Measure: billion Angolan Kwanza
Source: Bank of Angola

Definition: Foreign exchange reserves consist of foreign currency, deposits denominated in foreign currency, Monetary Gold, Special Drawing Rights (SDRs) and Reserve position in the International Monetary Fund (IMF). Foreign exchange reserves are held by monetary authorities to finance trade imbalances, check the impact of foreign exchange fluctuations and address other issues under the purview of the central bank.