South Africa foreign exchange reserves

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South Africa foreign exchange reserves: 63028 (-0.95%)
Last Update: October 31, 2024

South Africa foreign exchange reserves closed down 63028 as of October 31, 2024 from 63633 from the previous month and 60962 from last year.


South Africa foreign exchange reserves Analytics & Data




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South Africa foreign exchange reserves

Date Values
2024-10-31 63028
2024-09-30 63633
2024-08-31 63210
2024-07-31 62269
2024-06-30 62100
2024-05-31 62087
2024-04-30 61795
2024-03-31 62323
2024-02-29 61653
2024-01-31 61189
2023-12-31 62518
2023-11-30 61721
2023-10-31 60962
2023-09-30 61131
2023-08-31 61998
2023-07-31 62212
2023-06-30 61550
2023-05-31 61296
2023-04-30 61720
2023-03-31 61851
2023-02-28 61020
2023-01-31 61864
2022-12-31 60570
2022-11-30 59877

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South Africa foreign exchange reserves Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
foreign exchange reserves za.fxreserves 63028.0 63633 -1 3 UP UP 39 2024-10-31

South Africa foreign exchange reserves Quantitative Analysis, Charts & Factors

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South Africa foreign exchange reserves Historical Data

The MacroVar database offers free access to historical data for the South Africa foreign exchange reserves, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of South Africa foreign exchange reserves data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the South Africa foreign exchange reserves

Foreign exchange reserves in South Africa refer to the amount of foreign currency and other assets held by the country's central bank. These reserves are crucial for maintaining stability in the country's economy and ensuring that it can meet its international financial obligations. South Africa's foreign exchange reserves are typically made up of a combination of currencies such as the US dollar, euro, and yen, as well as gold and other liquid assets. These reserves are used to support the value of the country's currency, facilitate international trade, and provide a buffer against external economic shocks. Overall, a healthy level of foreign exchange reserves is essential for maintaining confidence in South Africa's economy and financial system.

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