Benin: Foreign exchange reserves
(measure: billion CFA Franc, source: Central Bank of West African States)
* indicates monthly or quarterly data series
Foreign exchange reserves, billion currency units in Benin
, August 2009 - January 2021: For that indicator, we provide data for Benin from August 2009 to January 2021. The average value for Benin during that period was 52.49 billion CFA Franc with a minimum of 33.53 billion CFA Franc in November 2017 and a maximum of 229.7 billion CFA Franc in January 2021. Click on the following link to see the values of Foreign exchange reserves, billion currency units around the world.
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* indicates monthly or quarterly data series
Measure: billion CFA Franc
Source: Central Bank of West African States
Source: Central Bank of West African States
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.