Monday, 9 November 2026Lusaka, Zambia
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Reserves & FX Market

BoZ Net Forex Sales

Dollars the Bank of Zambia sold into the market in the month, net of purchases, US dollar millions. Negative means it bought.

$34.5mJun 2026+$19.5mon the month+$23.5mon the year
12-month average-3.2
Record high392.5Oct 2021
Record low-328.1Feb 2026
Observations162since Jan 2013

BoZ Net Forex Sales, Jan 2013 to Jun 2026

-400-2000200400600201320152017201920212023202534.5

Show the numbers
MonthBoZ Net Forex Sales (USD m)
Jun 202634.5
May 202615.0
Apr 202650.0
Mar 2026106.5
Feb 2026-328.1
Jan 2026-12.0
Dec 2025-112.4
Nov 202530.0
Oct 202539.5
Sep 202564.0
Aug 20250.0
Jul 202574.5
Jun 202511.0
May 202570.0
Apr 202569.5
Mar 2025102.0
Feb 202556.0
Jan 202572.0
Dec 202433.0
Nov 2024121.0
Oct 20248.0
Sep 202418.0
Aug 202431.0
Jul 202445.5
Jun 202488.3
May 202482.5
Apr 2024133.5
Mar 202439.0
Feb 2024150.0
Jan 2024150.0
Dec 2023110.0
Nov 2023-60.0
Oct 202345.5
Sep 20233.0
Aug 20232.5
Jul 202382.5
Jun 2023150.0
May 202375.0
Apr 2023116.0
Mar 2023129.0
Feb 2023121.0
Jan 2023112.0
Dec 2022175.0
Nov 2022139.5
Oct 2022129.0
Sep 2022137.0
Aug 202249.0
Jul 2022156.0
Jun 2022146.5
May 2022104.0
Apr 2022155.0
Mar 2022141.0
Feb 2022156.0
Jan 202253.0
Dec 202149.5
Nov 202154.2
Oct 2021392.5
Sep 2021172.0
Aug 202155.5
Jul 2021112.5
Jun 202183.0
May 2021-66.8
Apr 2021150.5
Mar 202149.5
Feb 202149.7
Jan 2021128.5
Dec 2020143.4
Nov 2020115.4
Oct 202052.0
Sep 202084.8
Aug 202046.7
Jul 202016.0
Jun 2020-35.6
May 2020-13.0
Apr 20200.5
Mar 2020-29.0
Feb 2020-52.0
Jan 2020-13.5
Dec 20193.0
Nov 201946.5
Oct 2019-43.5
Sep 2019-62.5
Aug 2019-104.2
Jul 2019-144.4
Jun 2019-76.0
May 2019-23.0
Apr 2019-23.0
Mar 2019-93.0
Feb 2019-10.0
Jan 20190.0
Dec 20180.0
Nov 20180.0
Oct 2018-29.0
Sep 20180.0
Aug 2018-38.0
Jul 2018-52.0
Jun 2018-52.0
May 20180.0
Apr 2018-114.0
Mar 2018-20.0
Feb 2018-10.0
Jan 2018-16.0
Dec 2017-115.6
Nov 20170.0
Oct 201731.0
Sep 201730.0
Aug 2017-4.0
Jul 2017-110.5
Jun 2017-25.0
May 2017-45.5
Apr 2017-118.0
Mar 2017-8.9
Feb 20178.9
Jan 2017-24.0
Dec 2016-57.3
Nov 2016-118.2
Oct 2016-22.5
Sep 2016-23.0
Aug 2016-72.5
Jul 201641.0
Jun 201627.0
May 201616.0
Apr 2016-36.4
Mar 201695.0
Feb 201671.2
Jan 201641.2
Dec 201550.0
Nov 2015248.5
Oct 2015156.3
Sep 2015160.0
Aug 20150.0
Jul 20150.0
Jun 20150.0
May 20150.0
Apr 20150.0
Mar 201550.0
Feb 201550.0
Jan 2015130.5
Dec 20140.0
Nov 201488.5
Oct 201493.5
Sep 201431.0
Aug 2014-65.0
Jul 201449.1
Jun 2014-2.0
May 2014314.0
Apr 201411.5
Mar 2014128.0
Feb 201480.0
Jan 20140.0
Dec 201346.0
Nov 201320.0
Oct 2013-35.5
Sep 2013-46.0
Aug 2013-32.5
Jul 20130.0
Jun 201351.0
May 20130.0
Apr 2013180.0
Mar 201384.0
Feb 201364.0
Jan 2013188.5

Source: Bank of Zambia. Monthly. Gaps in the line are months with no published figure.

Change on a year earlier

Each bar is this month against the same month twelve months before — the comparison that strips out the seasonal pattern.

-400-20002004002014201620182020202220242026

IncreaseDecrease

Related analysis

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Nothing published on this indicator yet. KSJ analysis appears here as it is written.

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Gross International Reserves$5,802m−10.6%m/m+23.4%y/yJun 2026BoZ Forex Inflows from Mines$0.0m—m/m—y/yJun 2026BoZ Forex Inflows from Mining Taxes$241.1m+144.1%m/m+113.1%y/yJun 2026Government Debt Service from Reserves$1,496.7m+2449.4%m/m+601.9%y/yJun 2026Bureau De Change Rate (USD)K21.60+14.9%m/m−8.1%y/ySep 2026Interbank Rate (USD)K19.42+2.8%m/m−18.4%y/ySep 2026Real Effective Exchange Rate76.5+1.6%m/m−22.9%y/yJul 2026Exports$1,606.4m−8.1%m/m+33.9%y/ySep 2026Imports$1,792.8m+5.4%m/m+51.6%y/ySep 2026Trade Balance−$186.4m−$234.4mm/m−$203.1my/ySep 2026

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