Foreign exchange reserves, billion currency units
| Latest value
||billion U.S. Dollar
||Bank of Canada
For that indicator, we provide data for Canada from January 1960 to July 2022. The average value for Canada during that period was 26.79 billion U.S. Dollar with a minimum of 1.68 billion U.S. Dollar in June 1962 and a maximum of 107.89 billion U.S. Dollar in May 2022.
Click on the following link to see the values of Foreign exchange reserves, billion currency units
around the world.
Longer historical series
* indicates monthly or quarterly data series
Measure: billion U.S. Dollar
Source: Bank of Canada
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.