Nicaragua: Exchange Market Figures up to the 1st Quarter

The volume of operations totaled $2,948 million during the first quarter of the year, registering a 19% decrease with respect to the same period in 2018.

Thursday, May 9, 2019

From the Central Bank of Nicaragua report:

The volume traded (purchases + sales) of foreign currency in the exchange market during the first quarter of 2019 was 2,948.3 million dollars (daily average of US$38.8 million), showing a decrease of 18.9 percent over the first quarter of the previous year, mainly because of the decrease in financial sector operations with the public.

By economic agent, the operations of banks, finance companies and exchange houses with the public totaled 2,837.1 million dollars (US$1,422.4 from purchases + US$1,414.6 from sales), reflecting a 20.1 percent year-on-year decrease. On the other hand, the operations of the exchange table of the NCB were of 111.3 million dollars (US$15.4 million of purchases and US$95.9 million of sales), showing a 25.8-million-dollar increase with respect to the first quarter of 2018.

As in previous periods, operations with the public continued to be centralised in a relatively small group of entities. Thus, 3 of the 19 entities participating in the foreign exchange market represented 80.8 percent of the total volume traded.

The volume of operations of the national financial system with the public represented 91.3 percent of the total operations of the exchange market, 4.9 percent corresponded to exchange house transactions and the remaining 3.8 percent corresponded to operations in the NCB's exchange table.

See full report.

¿Busca soluciones de inteligencia comercial para su empresa?

Do you need information about the financial sector?

Request more information:









this site is protected by reCAPTCHA and Google's privacy policy and terms of service.
Need assistance? Contact us
(506) 4001-6423


More on this topic

Nicaragua: Exchange Market Figures up to July 2019

September 2019

In the first seven months of the year, trading volume totaled $6,548 million, 20% lower than the same period in 2018.

From the Central Bank of Nicaragua report:

According to published statistics, in July there were lower pressures in the exchange market, which led to lower volumes of purchases and sales of foreign exchange, observing a reduction in the exchange gap when compared to those recorded in the same month last year.

Nicaragua: Exchange Market Figures in April 2019

June 2019

In the first four months of the year, trading volume totaled $3.873 million, 19% less than the same period in 2018.

From the Central Bank of Nicaragua report:

According to official statistics, the volume of exchange market operations in April totaled 924.7 million dollars (US$38.5 million daily average), showing a 0.97% decrease with respect to the level registered in the previous month.

Exchange Market at the End of 2018

February 2019

The volume of operations totaled $3.413 million during the fourth quarter of 2018 in Nicaragua, recording an increase of just 1% over the same period in 2017.

From the Central Bank of Nicaragua report:

The volume traded (purchases + sales) of foreign currency in the exchange market totaled 3,413.0 million dollars during the fourth quarter of 2018 (daily average of US$44.3 million), showing a 1.1 percent increase with respect to the fourth quarter of the previous year, mainly because of the increase in the operations of the BCN's foreign exchange desk with banks and financiers.

Nicaragua: Foreign Exchange Market Figures up to IIQ 2018

August 2018

The volume of operations totaled $3.439 billion during the second quarter of the year, registering an increase of 12% with respect to the same period in 2017.

The Central Bank of Nicaragua (BCN) reported that the operations of financial and exchange entities with the public totaled US $3.0542 billion, reflecting a year-on-year increase of 2.1%. In relation to the operations of the Government, banks and financial institutions with the BCN, through the Exchange Desk, they totaled 384.5 million dollars (US $71.9 million in the II quarter of 2017).

ok