With regards to a particular currency In economics, the term currency can refer either to a particular currency, for example the US dollar, or to the coins and banknotes of a particular currency, which comprise the physical aspects of a nation's money supply. The other part of a nation's money supply consists of money deposited in banks , ownership of which can be transferred by means, circulation refers to the total wealth of that currency (whether banknotes A banknote is a kind of negotiable instrument, a promissory note made by a bank payable to the bearer on demand, used as money, and in many jurisdictions is legal tender. Along with coins, banknotes make up the cash or bearer forms of all modern money. With the exception of non-circulating high-value or precious metal commemorative issues, coins, coins Coins are usually metal or a metallic material and sometimes made of synthetic materials, usually in the shape of a disc, and most often issued by a government. Coins are used as a form of money in transactions of various kinds, from the everyday circulation coins to the storage of large numbers of bullion coins. In the present day, coins and, or demand deposits A demand deposit or bank money refers to the funds held in demand deposit accounts in commercial banks. These account balances are considered money and usually form the greater part of money supply) that is engaged in that currency's economy An economy consists of the realized economic system of a country or other area, the labor, capital and land resources, and the economic agents that socially participate in the production, exchange, distribution, and consumption of goods and services of that area. A given economy is the end result of a process that involves its technological 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 euro is the official currency of the European Union, and is currently in use in 16 of the 27 Member States. The states, known collectively as the Eurozone, are Austria, Belgium, Cyprus, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, the Netherlands, Portugal, Slovak republic, Slovenia and Spain. The currency is also used, the official currency of the European Union The European Union is an economic and political union of 27 member states, located primarily in Europe. Committed to regional integration, the EU was established by the Treaty of Maastricht on 1 November 1993 upon the foundations of the European Communities. With over 500 million citizens, the EU combined generates an estimated 30% share (US$ 18.4, 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 1990 was a common year starting on Monday (link displays the 1990 Gregorian calendar). It was also the first year of the 1990s decade, total currency in circulation In economics, money supply or money stock, is the total amount of money available in an economy at a particular point in time. There are several ways to define "money," but standard measures usually include currency in circulation and demand deposits passed 1 trillion USD The United States dollar is the unit of currency of the United States. The U.S. dollar is normally abbreviated as the dollar sign, $, or as USD or US$ to distinguish it from other dollar-denominated currencies and from others that use the $ symbol. It is divided into 100 cents (200 half-cents prior to 1857). After 12 years, in 2002 2002 was a common year that started on a Tuesday. In the Gregorian calendar, it is the 2002nd year of the Common Era, or of Anno Domini; the 2nd year of the 3rd millennium and of the 21st century; and the 3rd of the 2000s decade this total money supply in the world was 2 trillion USD. And just after 6 years, in 2008 2008 was a leap year that started on a Tuesday. In the Gregorian calendar, it was the 2008th year of the Common Era or of Anno Domini; the 8th year of the 3rd millennium and of the 21st century; and the 9th of the 2000s, this money supply increased to 4 trillion USD.
- European Union The European Union is an economic and political union of 27 member states, located primarily in Europe. Committed to regional integration, the EU was established by the Treaty of Maastricht on 1 November 1993 upon the foundations of the European Communities. With over 500 million citizens, the EU combined generates an estimated 30% share (US$ 18.4 - 1035.2 billion USD The United States dollar is the unit of currency of the United States. The U.S. dollar is normally abbreviated as the dollar sign, $, or as USD or US$ to distinguish it from other dollar-denominated currencies and from others that use the $ symbol. It is divided into 100 cents (200 half-cents prior to 1857), 24.30%
- USA ^ b. English is the de facto language of American government and the sole language spoken at home by 80% of Americans age five and older. Spanish is the second most commonly spoken language - 850.7 billion USD, 19.97%
- Japan Japan is an island country in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south. The characters which make up Japan's name mean "sun-origin", which is why Japan is - 762.4 billion USD, 17.90%
- China China is an ancient civilization located in a cultural region and, depending on perspective, a national or multinational entity[citation needed] extending over a large area in East Asia - 492.3 billion USD, 11.56%
- India India, officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the south, the Arabian Sea on the west, and the Bay of Bengal on the east, India has a coastline of 7,517 - 140.3 billion USD, 3.29%
- Russia Russia (pronounced /ˈrʌʃə/ ; Russian: Россия, tr. Rossiya, pronounced [rɐˈsʲijə] ( listen)), also officially known as the Russian Federation (Russian: Российская Федерация, tr. Rossiyskaya Federatsiya, pronounced [rɐˈsʲijskəjə fʲɪdʲɪˈraʦəjə] ( listen)), is a country in northern Eurasia. It is a federal - 110.8 billion USD, 2.60%
- UK The United Kingdom of Great Britain and Northern Ireland[note 7] is a sovereign state located off the northwestern coast of continental Europe. It is an island country, spanning an archipelago including Great Britain, the northeastern part of Ireland, and many small islands. Northern Ireland is the only part of the UK with a land border, sharing - 87.5 billion USD, 2.05%
- Canada Canada is a country occupying most of northern North America, extending from the Atlantic Ocean in the east to the Pacific Ocean in the west and northward into the Arctic Ocean. It is the world's second largest country by total area and its common border with the United States to the south and northwest is the longest in the world - 43.8 billion USD, 1.03%
- Switzerland Switzerland , officially the Swiss Confederation (Confoederatio Helvetica in Latin, hence its ISO country codes CH and CHE), is a federal republic consisting of 26 cantons, with Bern as the seat of the federal authorities. The country is situated in Western Europe[note 4] where it is bordered by Germany to the north, France to the west, Italy to - 40.3 billion USD, 0.95%
- Poland Poland /ˈpoʊlənd/ (Polish: Polska), officially the Republic of Poland (Rzeczpospolita Polska), is a country in Central Europe bordered by Germany to the west; the Czech Republic and Slovakia to the south; Ukraine, Belarus and Lithuania to the east; and the Baltic Sea and Kaliningrad Oblast, a Russian exclave, to the north. The total area of - 37.7 billion USD, 0.89%
- Brazil Brazil , officially the Federative Republic of Brazil (Portuguese: República Federativa do Brasil) listen (help·info), is the largest country and the only Portuguese-speaking country in South America - 37.3 billion USD, 0.88%
- Mexico The United Mexican States (Spanish: Estados Unidos Mexicanos ), commonly known as Mexico (English: /ˈmɛksɪkoʊ/) (Spanish: México (help·info) [ˈmexiko]), is a federal constitutional republic in North America. It is bordered on the north by the United States; on the south and west by the Pacific Ocean; on the southeast by Guatemala, Belize, - 34.3 billion USD, 0.81%
- Australia Australia , officially the Commonwealth of Australia, is a country in the Southern Hemisphere comprising the mainland of the Australian continent (the world's smallest), the island of Tasmania, and numerous smaller islands in the Indian and Pacific Oceans.N4 Neighbouring countries include Indonesia, East Timor, and Papua New Guinea to the north, - 32.4 billion USD, 0.76%
- Other countries - 554.9 billion USD, 13.03%[3]
See also
References
- ^ http://financial-dictionary.thefreedictionary.com/Currency+in+circulation "Currency in circulation" at the Free Online Dictionary
- ^ 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.
- ^ http://www.marketoracle.co.uk/Article11576.html
Washington Post
That's debasement of not only our currency , but the globe's reserve currency . And that makes countries like China -- which holds the greatest percentage of ...
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unknown
Mon, 02 Nov 2009 17:46:43 GM
By the end of February 2002, the value of national . currency. banknotes from the 12 Euro Area countries in . circulation. had dropped from 270 billion euros at the start of the year, to 42 billion euros. During the same period the value of ...
