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

Gross International Reserves

The Bank of Zambia’s foreign-exchange reserves at month end, US dollar millions. Published about two months late.

$5,802mJun 2026−10.6%on the month+23.4%on the year
12-month average5,724
Record high6,503Feb 2026
Record low1,181Feb 2021
Observations162since Jan 2013

Gross International Reserves, Jan 2013 to Jun 2026

02,0004,0006,0008,00020132015201720192021202320255,802

Show the numbers
MonthGross International Reserves (USD m)
Jun 20265,802
May 20266,489
Apr 20266,409
Mar 20266,224
Feb 20266,503
Jan 20266,039
Dec 20255,533
Nov 20255,328
Oct 20255,250
Sep 20255,152
Aug 20255,092
Jul 20254,866
Jun 20254,701
May 20254,658
Apr 20254,689
Mar 20254,490
Feb 20254,435
Jan 20254,373
Dec 20244,314
Nov 20244,117
Oct 20244,190
Sep 20244,158
Aug 20243,880
Jul 20243,852
Jun 20243,911
May 20243,561
Apr 20243,529
Mar 20243,581
Feb 20243,469
Jan 20243,240
Dec 20233,338
Nov 20233,059
Oct 20232,914
Sep 20232,892
Aug 20232,853
Jul 20232,829
Jun 20232,675
May 20232,849
Apr 20232,956
Mar 20232,933
Feb 20233,015
Jan 20233,033
Dec 20223,054
Nov 20223,027
Oct 20222,980
Sep 20223,071
Aug 20223,045
Jul 20223,037
Jun 20223,044
May 20222,862
Apr 20222,909
Mar 20222,894
Feb 20222,848
Jan 20222,907
Dec 20212,796
Nov 20212,701
Oct 20212,656
Sep 20212,931
Aug 20213,010
Jul 20211,602
Jun 20211,450
May 20211,402
Apr 20211,220
Mar 20211,215
Feb 20211,181
Jan 20211,195
Dec 20201,203
Nov 20201,265
Oct 20201,308
Sep 20201,321
Aug 20201,336
Jul 20201,380
Jun 20201,429
May 20201,368
Apr 20201,334
Mar 20201,393
Feb 20201,361
Jan 20201,303
Dec 20191,450
Nov 20191,377
Oct 20191,423
Sep 20191,480
Aug 20191,444
Jul 20191,405
Jun 20191,415
May 20191,382
Apr 20191,343
Mar 20191,401
Feb 20191,436
Jan 20191,455
Dec 20181,569
Nov 20181,608
Oct 20181,599
Sep 20181,631
Aug 20181,725
Jul 20181,771
Jun 20181,816
May 20181,751
Apr 20181,779
Mar 20181,788
Feb 20181,868
Jan 20181,916
Dec 20172,081
Nov 20171,954
Oct 20172,004
Sep 20172,159
Aug 20172,271
Jul 20172,327
Jun 20172,386
May 20172,369
Apr 20172,404
Mar 20172,301
Feb 20172,264
Jan 20172,312
Dec 20162,390
Nov 20162,332
Oct 20162,234
Sep 20162,296
Aug 20162,279
Jul 20162,259
Jun 20162,436
May 20162,489
Apr 20162,601
Mar 20162,624
Feb 20162,799
Jan 20162,928
Dec 20153,002
Nov 20153,082
Oct 20153,399
Sep 20153,645
Aug 20153,907
Jul 20153,962
Jun 20152,798
May 20152,754
Apr 20152,753
Mar 20152,736
Feb 20152,870
Jan 20152,958
Dec 20143,128
Nov 20143,134
Oct 20143,218
Sep 20143,349
Aug 20143,452
Jul 20143,398
Jun 20143,474
May 20143,438
Apr 20143,753
Mar 20142,740
Feb 20142,723
Jan 20142,801
Dec 20132,734
Nov 20132,769
Oct 20132,818
Sep 20132,711
Aug 20132,572
Jul 20132,531
Jun 20132,493
May 20132,524
Apr 20132,522
Mar 20132,658
Feb 20132,760
Jan 20133,115

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.

-500501001502014201620182020202220242026

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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BoZ 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 2026BoZ Net Forex Sales$34.5m+$19.5mm/m+$23.5my/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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