Circulation (currency)

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With regard to a particular currency, circulation is the total value of that currency (whether banknotes, coins, or demand deposits) that is engaged in that currency's economy at a given time.[1] Circulation can also refer to the metaphorical or literal movement of wealth due to transactions between the holders of a currency. The euro, the official currency of the European Union, is currently the currency with the highest combined value of cash circulation in the world.[2]

Total currency in circulation[edit]

In 1990, total currency in circulation passed 1 trillion USD. After 12 years, in 2002 this total money supply in the world was 2 trillion USD. And just after 6 years, in 2008, this money supply increased to 4 trillion USD.

  • European Union – 1035.2 billion USD, 24.30%
  • USA – 850.7 billion USD, 19.97%
  • Japan – 762.4 billion USD, 17.90%
  • China – 492.3 billion USD, 11.56%
  • India – 140.3 billion USD, 3.29%
  • Russia – 110.8 billion USD, 2.60%
  • UK – 87.5 billion USD, 2.05%
  • Canada – 43.8 billion USD, 1.03%
  • Switzerland – 40.3 billion USD, 0.95%
  • Poland – 37.7 billion USD, 0.89%
  • Brazil – 37.3 billion USD, 0.88%
  • Mexico – 34.3 billion USD, 0.81%
  • Australia – 32.4 billion USD, 0.76%
  • Other countries – 554.9 billion USD, 13.03%[3]

See also[edit]

References[edit]

  1. ^ http://financial-dictionary.thefreedictionary.com/Currency+in+circulation "Currency in circulation" at the Free Online Dictionary
  2. ^ Atkins, Ralph (2006-12-27). "Euro notes cash in to overtake dollar". Financial Times. Retrieved 2007-05-04. 
  3. ^ http://www.marketoracle.co.uk/Article11576.html