Cyprus Foreign Exchange Reserves

Key information about Cyprus Foreign Exchange Reserves

• Cyprus Foreign Exchange Reserves was measured at 254.3 USD mn in Dec 2024, compared with 252.8 USD mn in the previous month
• Cyprus Foreign Exchange Reserves: USD mn data is updated monthly, available from Jan 2002 to Dec 2024
• The data reached an all-time high of 6.1 USD bn in Dec 2007 and a record low of 8.4 USD mn in Apr 2013

CEIC converts monthly Foreign Exchange Reserves into USD. The Central Bank of Cyprus provides Foreign Exchange Reserves in EUR based on BPM6. The Federal Reserve Board period end market exchange rate is used for currency conversions. Cyprus joined the Euro Area on January 1st, 2008 with fixed conversion rate of 1 EUR = 0.585274 CYP. This explains the drop in foreign currency and total reserve assets. Foreign Exchange Reserves prior to January 2013 is based on BPM5.


Further information about Cyprus Foreign Exchange Reserves

• In the latest reports, Cyprus Foreign Exchange Reserves equaled 0.2 Months of Import in Nov 2024.
• Cyprus Domestic Credit reached 21.4 USD bn in Nov 2024, representing an drop of 1.9 % YoY.
• The country's Non Performing Loans Ratio stood at 6.8 % in Aug 2024, compared with the ratio of 6.8 % in the previous month.
• Household Debt of Cyprus reached 83.3 % in Dec 2022, accounting for 83.3 % of the country's Nominal GDP.

View Cyprus's Foreign Exchange Reserves from Jan 2002 to Dec 2024 in the chart:

What was Cyprus's Foreign Exchange Reserves in Dec 2024?

Cyprus Foreign Exchange Reserves was measured at 254.3 USD mn in Dec 2024, compared with 252.8 USD mn in the previous month See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
254.3 Dec 2024	252.8 Nov 2024	8.4 Apr 2013	6,099.5 Dec 2007	USD mn	monthly	Jan 2002 - Dec 2024

Foreign Exchange Reserves by Country Comparison

Load more

Cyprus Key Series

Load more

More Indicators for Cyprus