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Bank Net Foreign Exchange Position (As % of Capital) in Nigeria

Source: IMF
Last Updated: April 14, 2024

Bank net fx position as a share of capital reached 2.22% in 2022 in Nigeria, according to the National Central Bank. This is 72.5% less than in the previous year.

Historically, bank net FX position as a share of capital in Nigeria reached an all time high of 22.1% in 2017 and an all time low of 2.22% in 2022.

Nigeria has been ranked 52nd within the group of 93 countries we follow in terms of bank net FX position as a share of capital.

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