Foreign exchange reserves, billion currency units in Namibia, March, 2020
For that indicator, we provide data for Namibia from April 2002 to March 2020. The average value for Namibia during that period was 14.79 billion Namibia Dollar with a minimum of 1.91 billion Namibia Dollar in August 2003 and a maximum of 35.25 billion Namibia Dollar in July 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 Namibia Dollar
Source: Bank of Namibia
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.