Average cash values rise more than volumes year on year
Value of banknote pieces in circulation rises by over 30% on average
The average value of banknotes in circulation across jurisdictions participating in the Currency Benchmarks 2024 rose more than the average volume.
Nineteen central banks provided data on values in both 2023 and 2024, while 22 provided data on volumes in both years. On average, values of cash in circulation rose 8.6% year on year, while volumes rose just 2%.
For the 2024 benchmark, 34 central banks provided data on volumes of cash in circulation, with an average of 993.6 million units. Volume
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