Foreign exchange reserves, billion currency units in Ethiopia, December, 2019
For that indicator, we provide data for Ethiopia from Q1 2007 to Q4 2019. The average value for Ethiopia during that period was 47.16 billion Ethiopian Birr with a minimum of 7.21 billion Ethiopian Birr in Q2 2007 and a maximum of 111.65 billion Ethiopian Birr in Q1 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 Ethiopian Birr
Source: National Bank of Ethiopia
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.