* indicates monthly or quarterly data series

Foreign exchange reserves, billion currency units in South Africa

, January 1994 - February 2021: For that indicator, we provide data for South Africa from January 1994 to February 2021. The average value for South Africa during that period was 293.11 billion South African Rand with a minimum of 7.08 billion South African Rand in June 1994 and a maximum of 982.22 billion South African Rand in July 2020. Click on the following link to see the values of Foreign exchange reserves, billion currency units around the world.
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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.
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