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Reserve Bank of New Zealand (NZD) •Series ID: WB:FI.RES.TOTL.CD:NZL•1960–2025

New Zealand Foreign Exchange & Gold Reserves (USD) - Historical Data

Total official international reserves of New Zealand (Reserve Bank of New Zealand), comprising monetary gold valued at year-end London market prices, convertible foreign exchange reserves, Special Drawing Rights (SDRs), and IMF reserve positions from 1960 to 2025. Latest reserve holdings stand at $28.15 billion USD (2025).

Current Statistics & Historical Records

Latest Reading (2025)
$28.15B
Prev (2024): $22.07B+$6.08B
Highest Recorded (2025)
$28.15B

Peak foreign exchange and gold reserves held by New Zealand.

Lowest Recorded (1968)
$0.16B

Lowest recorded official international reserve holdings for New Zealand.

Long-Run Mean (1960–2025)
$6.69B

66 annual observations · Annual

Reserve Bank of New Zealand · NZD

New Zealand Foreign Exchange & Gold Reserves (USD) (1960-2025)

USD Billions

Drag to pan, scroll to zoom, or toggle between full archive (1960–2025) and recent annual observations.

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Source: World Bank Open Data & International Monetary Fund (IFS) (WB:FI.RES.TOTL.CD:NZL) Latest: $28.15B (2025)

New Zealand FX Reserves ($B) Averages by Decade

Decadal mean, peak, and trough across the 1960–2025 archive

DecadeYears CoveredDecade MeanDecade High (Year)Decade Low (Year)
1960s1960–1969$0.21B$0.29B (1960) $0.16B (1968)
1970s1970–1979$0.56B$1.05B (1973) $0.26B (1970)
1980s1980–1989$1.88B$3.78B (1986) $0.37B (1980)
1990s1990–1999$4.07B$5.95B (1996) $2.95B (1991)
2000s2000–2009$9.24B$17.25B (2007) $3.56B (2001)
2010s2010–2019$17.21B$20.68B (2017) $14.70B (2015)
2020s2020–2025$18.33B$28.15B (2025) $13.73B (2020)

Complete Annual Historical Ledger (1960–2025)

Unit: USD Billions · Source: World Bank Open Data & International Monetary Fund (IFS) (WB:FI.RES.TOTL.CD:NZL)

YearAnnual Value (USD Billions)Intra-Year Range (Min – Max)Monetary Regime & Historical Context
2025$28.15B$28.15B – $28.15BPost-tightening monetary recalibration across advanced and emerging central banks
2024$22.07B$22.07B – $22.07BG10 policy rates peak and pivot toward gradual monetary normalization
2023$15.49B$15.49B – $15.49B-
2022$14.40B$14.40B – $14.40BGlobal inflation surge triggers fastest synchronized rate hiking cycle in four decades
2021$16.11B$16.11B – $16.11B-
2020$13.73B$13.73B – $13.73BCOVID-19 pandemic emergency rate cuts and record balance sheet expansion
2019$17.81B$17.81B – $17.81B-
2018$17.66B$17.66B – $17.66B-
2017$20.68B$20.68B – $20.68B-
2016$17.81B$17.81B – $17.81BBank of Japan introduces Yield Curve Control (YCC); post-Brexit BoE easing
2015$14.70B$14.70B – $14.70B-
2014$15.86B$15.86B – $15.86BECB and European peers introduce Negative Interest Rate Policy (NIRP)
2013$16.32B$16.32B – $16.32B-
2012$17.58B$17.58B – $17.58B-
2011$17.01B$17.01B – $17.01BEuropean Sovereign Debt Crisis and Swiss franc safe-haven surge
2010$16.72B$16.72B – $16.72B-
2009$15.59B$15.59B – $15.59B-
2008$11.05B$11.05B – $11.05BGlobal Financial Crisis drives major central banks to the zero lower bound and QE1
2007$17.25B$17.25B – $17.25B-
2006$14.07B$14.07B – $14.07B-
2005$8.89B$8.89B – $8.89B-
2004$6.95B$6.95B – $6.95B-
2003$6.09B$6.09B – $6.09B-
2002$4.96B$4.96B – $4.96B-
2001$3.56B$3.56B – $3.56BDot-com bust and synchronized G10 monetary easing cycle
2000$3.95B$3.95B – $3.95B-
1999$4.46B$4.46B – $4.46BLaunch of the Euro and establishment of the European Central Bank (ECB)
1998$4.20B$4.20B – $4.20B-
1997$4.45B$4.45B – $4.45BAsian Financial Crisis triggers emergency EM currency defense hikes
1996$5.95B$5.95B – $5.95B-
1995$4.41B$4.41B – $4.41B-
1994$3.71B$3.71B – $3.71BGlobal bond market selloff and pre-emptive Federal Reserve tightening cycle
1993$3.34B$3.34B – $3.34B-
1992$3.08B$3.08B – $3.08BEuropean Exchange Rate Mechanism (ERM) crisis and Black Wednesday
1991$2.95B$2.95B – $2.95B-
1990$4.13B$4.13B – $4.13BGerman reunification tightening and Japanese asset bubble peak
1989$3.03B$3.03B – $3.03B-
1988$2.85B$2.85B – $2.85B-
1987$3.27B$3.27B – $3.27BLouvre Accord and Black Monday central bank liquidity provision
1986$3.78B$3.78B – $3.78B-
1985$1.60B$1.60B – $1.60BPlaza Accord coordinated G5 currency intervention depreciates USD
1984$1.79B$1.79B – $1.79B-
1983$0.79B$0.79B – $0.79B-
1982$0.65B$0.65B – $0.65B-
1981$0.68B$0.68B – $0.68BVolcker disinflation peak pushes benchmark policy rates to postwar highs
1980$0.37B$0.37B – $0.37B-
1979$0.47B$0.47B – $0.47BSecond oil shock; Paul Volcker appointed Federal Reserve Chair
1978$0.47B$0.47B – $0.47B-
1977$0.45B$0.45B – $0.45B-
1976$0.49B$0.49B – $0.49B-
1975$0.43B$0.43B – $0.43B-
1974$0.64B$0.64B – $0.64BFirst OPEC oil shock triggers global stagflation and steep policy rate hikes
1973$1.05B$1.05B – $1.05B-
1972$0.83B$0.83B – $0.83B-
1971$0.49B$0.49B – $0.49BNixon Shock suspends USD gold convertibility; Bretton Woods system ends
1970$0.26B$0.26B – $0.26B-
1969$0.21B$0.21B – $0.21B-
1968$0.16B$0.16B – $0.16B-
1967$0.22B$0.22B – $0.22B-
1966$0.18B$0.18B – $0.18BCredit crunch of 1966 and monetary tightening
1965$0.17B$0.17B – $0.17B-
1964$0.26B$0.26B – $0.26B-
1963$0.21B$0.21B – $0.21B-
1962$0.25B$0.25B – $0.25B-
1961$0.18B$0.18B – $0.18B-
1960$0.29B$0.29B – $0.29B-

Frequently Asked Questions - New Zealand FX Reserves ($B)

How much in foreign exchange and gold reserves does New Zealand hold?

As of 2025, New Zealand holds $28.15 billion USD in total international reserves (including monetary gold and foreign exchange).

Statistical Provenance

Source Metadata & Methodology Notes

Primary Institution:
World Bank Open Data & International Monetary Fund (IFS)
Dataset / Dataflow:
World Development Indicators: Total Reserves Including Gold (FI.RES.TOTL.CD)
Canonical Series ID:
WB:FI.RES.TOTL.CD:NZL
  • Holdings of monetary gold (valued at year-end London prices), Special Drawing Rights (SDRs), reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities.
  • Values are converted from current US dollars to billions of US dollars ($10^9$).
  • Licensed under Creative Commons Attribution 4.0 International (CC BY 4.0) via World Bank Development Indicators.
Academic & Media Attribution

Cite This Dataset (APA & BibTeX)

APA 7th Edition
CentralBankData.com. (2025). New Zealand Foreign Exchange & Gold Reserves (USD), compiled from World Bank & IMF International Financial Statistics (FI.RES.TOTL.CD, CC BY 4.0). https://centralbankdata.com/new-zealand-foreign-exchange-reserves
BibTeX
@misc{cbd_reserves_new_zealand,
  author = {CentralBankData.com},
  title = {New Zealand Foreign Exchange and Gold Reserves},
  note = {Compiled from World Bank and IMF IFS FI.RES.TOTL.CD (CC BY 4.0)},
  year = {2025},
  url = {https://centralbankdata.com/new-zealand-foreign-exchange-reserves}
}
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