Table D.2.

3: External Reserves (US$' Million)

Year January February March April May June July August September October November December
1960 150.23 168.91 147.12 149.45 143.93 143.85 157.20 152.03 176.60 173.58 159.03 217.32
1961 146.59 164.82 143.55 145.83 140.44 140.36 153.39 148.35 172.32 169.37 155.17 212.05
1962 148.29 166.73 145.22 147.52 142.07 141.99 155.16 150.07 174.32 171.33 156.97 214.51
1963 124.51 139.99 121.93 123.87 119.29 119.22 130.29 126.01 146.37 143.86 131.80 180.12
1964 149.65 168.25 146.55 148.87 143.37 143.29 156.59 151.44 175.91 172.90 158.41 216.48
1965 159.52 179.36 156.22 158.70 152.83 152.74 166.92 161.44 187.52 184.31 168.87 230.77
1966 137.61 154.73 134.77 136.90 131.84 131.77 144.00 139.27 161.77 159.00 145.68 199.07
1967 69.45 78.09 68.01 69.09 66.54 66.50 72.67 70.28 81.64 80.24 73.52 100.46
1968 66.02 74.23 64.66 65.68 63.25 63.22 69.09 66.82 77.61 76.28 69.89 95.51
1969 85.11 95.70 83.35 84.67 81.54 81.49 89.06 86.13 100.05 98.34 90.10 123.12
1970 108.24 121.70 106.00 107.68 103.70 103.64 113.26 109.54 127.24 125.06 114.58 156.58
1971 161.94 180.40 202.62 171.64 202.22 242.16 199.00 109.96 208.16 251.82 198.40 281.38
1972 216.70 166.60 233.80 234.00 228.60 209.08 202.54 202.76 241.10 223.72 201.00 243.58
1973 219.65 222.01 280.98 309.72 339.79 330.10 356.30 301.37 282.93 280.77 246.14 377.98
1974 447.00 587.20 802.30 1,029.50 1,386.50 1,484.80 1,884.70 2,133.10 2,472.20 2,823.60 2,969.20 3,452.30
1975 3,674.40 3,690.30 3,757.20 4,115.70 3,985.10 3,789.50 3,774.30 3,593.80 3,549.40 3,702.00 3,615.00 3,583.70
1976 3,569.10 3,441.30 3,475.30 3,881.00 3,823.40 3,773.40 3,751.20 3,734.70 3,703.70 3,704.40 3,344.60 3,286.30
1977 3,076.90 3,220.40 3,224.70 3,241.20 3,159.90 3,124.30 2,965.20 3,064.60 3,051.10 2,993.70 3,009.70 2,814.50
1978 2,073.20 2,676.10 2,470.20 2,179.70 1,926.10 1,840.90 1,485.80 1,523.50 1,315.50 1,385.50 1,367.50 1,298.90
1979 1,200.90 1,233.40 1,351.10 1,231.20 1,522.20 1,748.70 1,910.00 2,388.60 2,628.40 2,858.70 2,946.60 3,059.80
1980 3,072.40 3,412.70 3,667.10 3,970.10 4,288.00 4,496.40 4,937.60 5,206.60 5,524.00 5,395.00 5,374.10 5,462.00
1981 5,177.90 5,163.60 5,572.10 5,283.30 6,123.10 5,515.10 5,268.20 5,105.20 4,224.80 3,467.80 2,852.10 2,441.60
1982 1,679.90 1,726.60 977.40 773.80 756.70 858.30 857.30 804.50 871.50 1,072.80 902.20 1,043.30
1983 1,193.60 647.00 562.20 593.50 580.60 641.90 699.80 582.70 557.20 513.90 374.60 224.40
1984 224.40 210.80 333.10 478.40 443.00 582.50 532.90 315.90 479.90 705.60 463.10 710.10
1985 567.10 779.40 804.30 1,191.90 1,148.60 1,031.60 804.70 758.00 784.00 1,017.70 1,236.50 1,657.90
1986 1,308.90 1,320.30 1,030.80 893.10 859.70 986.20 828.80 948.10 2,120.05 3,292.00 2,497.50 2,836.60
1987 2,287.02 2,558.10 9,449.51 2,651.80 4,241.67 5,831.55 3,976.60 4,889.00 7,237.74 7,255.09 4,671.60 7,504.59
1988 7,925.66 8,240.60 8,555.53 6,438.41 5,458.61 4,478.81 5,458.61 5,132.01 5,024.17 5,204.93 5,120.37 5,229.10
1989 4,310.46 4,769.78 4,540.12 9,236.52 5,157.92 1,079.31 1,053.73 2,430.32 2,309.66 3,033.53 2,984.25 3,047.62
1990 3,386.77 3,960.74 3,770.03 3,696.20 3,170.34 2,644.47 2,839.61 2,884.81 2,762.12 2,828.85 3,807.81 4,541.45
1991 4,003.75 4,682.28 4,428.32 4,222.38 4,085.36 3,902.19 3,833.02 3,681.72 3,869.67 4,023.91 3,738.14 4,149.30
1992 4,109.65 5,517.36 4,109.65 1,885.98 2,789.49 2,834.30 2,727.33 2,764.40 2,095.33 1,762.82 1,241.03 1,554.61
1993 8,365.69 1,016.36 9,505.26 1,351.74 1,206.16 1,351.39 1,161.48 8,647.24 7,651.78 8,830.28 8,307.18 1,429.59
1994 7,596.17 8,388.87 9,181.57 8,466.90 9,207.54 9,948.17 9,803.26 9,658.35 1,497.92 4,689.69 7,881.47 9,009.11
1995 1,295.18 1,217.14 8,028.99 5,481.87 7,478.68 1,429.44 1,165.48 1,156.85 1,161.17 1,159.01 1,160.09 1,611.11
1996 1,002.95 1,437.33 1,849.15 1,848.10 1,825.34 2,072.76 1,811.06 2,218.05 2,310.06 2,808.98 3,307.90 3,403.91
1997 4,480.52 5,352.18 6,180.59 5,664.65 5,372.50 6,141.33 6,038.96 6,645.60 6,773.48 6,750.37 6,869.71 7,222.22
1998 7,464.73 8,402.39 8,319.60 8,318.31 7,836.21 7,947.26 7,305.16 7,298.06 8,192.32 7,933.69 7,651.50 7,107.50
1999 6,549.60 6,274.90 5,507.10 5,115.10 4,988.90 4,772.30 4,708.20 4,971.00 5,032.10 5,343.50 5,021.90 5,424.60
2000 5,789.20 6,494.80 6,682.80 6,692.60 6,786.80 7,272.40 7,634.90 7,958.60 8,118.10 8,788.50 9,484.40 9,386.10
2001 9,705.00 10,016.25 10,787.50 10,176.30 10,353.70 10,166.70 10,389.90 10,204.00 10,563.90 10,581.68 10,117.80 10,267.10
2002 9,668.78 9,768.47 9,546.10 9,403.40 9,226.30 8,674.70 8,143.03 8,089.20 7,424.00 7,741.90 7,737.10 7,681.10
2003 7,134.42 7,655.06 8,226.16 8,216.82 8,269.57 7,673.09 7,643.95 7,448.96 7,170.46 7,305.84 7,489.55 7,467.78
2004 8,324.00 9,352.40 9,684.49 9,975.91 10,083.87 11,441.36 12,228.31 12,482.40 13,222.90 14,657.00 16,345.40 16,955.02
2005 19,592.64 20,554.09 21,807.98 22,210.20 23,290.50 24,367.12 25,161.60 26,951.24 28,638.24 23,921.01 27,075.63 28,279.06
2006 31,317.94 34,319.11 36,201.54 33,063.87 34,094.35 36,479.00 38,074.22 39,247.82 40,457.86 41,477.69 42,441.55 42,298.11
2007 43,510.78 42,550.61 42,633.86 43,530.55 43,168.67 42,626.20 43,263.88 45,010.40 47,930.22 49,209.74 49,963.62 51,333.15
2008 54,215.79 56,908.42 59,756.51 60,815.85 59,180.14 59,157.15 60,342.13 60,201.74 62,081.86 58,534.15 57,480.50 53,000.36
2009 50,108.65 48,113.06 47,081.96 45,914.47 44,836.40 43,462.74 43,351.39 41,754.31 43,343.33 43,054.77 43,024.68 42,382.49
2010 42,075.67 41,410.10 40,667.03 40,322.01 38,815.79 37,468.44 37,155.19 36,769.65 34,589.01 33,597.02 33,059.30 32,339.25
Source: Central Bank of Nigeria