Circulation

With regards to a particular currency, circulation refers to the total wealth 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

The examples and perspective in this article deal primarily with the United States and do not represent a worldwide view of the subject. Please improve this article and discuss the issue on the talk page.

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.

• Europian 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

• List of circulating currencies

References

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. http://www.ft.com/cms/s/18338034-95ec-11db-9976-0000779e2340.html. Retrieved 2007-05-04. 
3. ^ http://www.marketoracle.co.uk/Article11576.html

This economics or finance-related article is a stub. You can help Wikipedia by expanding it. v • d • e