Foreign exchange reserves, billion currency units in South Africa, January, 2020
For that indicator, South African Reserve Bank provides data for South Africa from 1994 to 2020. The average value for South Africa during that period was 237.52 billion South African Rand with a minimum of 1.62 billion South African Rand in May 1994 and a maximum of 743.35 billion South African Rand in September 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 South African Rand
Source: South African Reserve Bank
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.