Banks receive widely varying volumes of damaged cash
Central banks share data on values and volumes of mutilated currency
Respondents to the Currency Benchmarks 2022 reported receiving a wide range of volumes and values of mutilated currency. Twenty-nine central banks responded to a question on the estimated value of damaged banknotes. On average, each central bank reported receiving an average of $1.19 billion worth of mutilated banknotes over the past 12 months.
The highest estimated value of mutilated banknotes was $13.24 billion, reported by a central bank in a large, upper-middle income American country. The
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