Foreign exchange reserves, billion currency units in Angola, December, 2019
For that indicator, Bank of Angola provides data for Angola from 2017 to Q4 2019. The average value for Angola during that period was 4738.24 billion Angolan Kwanza with a minimum of 3002.95 billion Angolan Kwanza in December 2017 and a maximum of 8654.26 billion Angolan Kwanza in November 2019.
Click on the following link to see the values of Foreign exchange reserves, billion currency units
around the world.
* indicates monthly or quarterly data series
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.