MarketXLS

Currency in Circulation 2.484T for 

Currency in Circulation came in at 2.484T for Wk of Sep 16 2026, down 0.03% from 2.485T the prior week and 3.02% above its level of 2.411T one year ago. The series has averaged 1.436T since 2002, reaching a record high of 2.485T in September 2026 and a record low of 675B in January 2003.

Source: Federal Reserve Economic Data (FRED), St. Louis Fed

Embed this chart

Preview ↗

Free to use on your site, blog, or newsletter. The chart stays current automatically. The snippet includes one small visible credit line below the chart, which you can keep or remove. Click the code to copy it.

<iframe src="https://marketxls.com/embed/indicators/currency-in-circulation" width="100%" height="460" frameborder="0" title="Currency in Circulation chart"></iframe><p style="font:12px/1.4 sans-serif;margin:4px 0 0"><a href="https://marketxls.com/indicators/currency-in-circulation" rel="nofollow">Currency in Circulation chart - MarketXLS</a></p>
Cite this data: "Currency in Circulation," MarketXLS. Data from Federal Reserve Economic Data (FRED), St. Louis Fed. marketxls.com/indicators/currency-in-circulation

Historical Data

⋮
⋮
September 16, 20262.484T
September 9, 20262.485T
September 2, 20262.48T
August 26, 20262.476T
August 19, 20262.475T
August 12, 20262.475T
August 5, 20262.473T
July 29, 20262.471T
July 22, 20262.471T
July 15, 20262.472T
July 8, 20262.475T
July 1, 20262.473T
June 24, 20262.472T
June 17, 20262.468T
June 10, 20262.467T
June 3, 20262.466T
May 27, 20262.464T
May 20, 20262.459T
May 13, 20262.458T
May 6, 20262.456T
⋮
⋮
October 29, 20141.297T
October 22, 20141.296T
October 15, 20141.296T
October 8, 20141.292T
October 1, 20141.289T
September 24, 20141.288T
September 17, 20141.289T
September 10, 20141.292T
September 3, 20141.293T
August 27, 20141.288T
August 20, 20141.287T
August 13, 20141.288T
August 6, 20141.287T
July 30, 20141.284T
July 23, 20141.284T
July 16, 20141.285T
July 9, 20141.289T
July 2, 20141.282T
June 25, 20141.279T
June 18, 20141.279T

About Currency in Circulation

What it measures

Currency in circulation (FRED series WCURCIR) measures the total value of Federal Reserve notes and coin held outside the Federal Reserve Banks, including cash in bank vaults and in the hands of the public. It is one of the two components of the monetary base. The Federal Reserve reports the series weekly as part of its H.4.1 balance sheet release.

Why it matters

Physical cash demand reflects transaction needs, precautionary hoarding, and substantial foreign holdings of US dollars. Sharp jumps have historically coincided with crises, when households and overseas holders stock up on banknotes. Because currency is a Fed liability, its growth also affects how many reserves the central bank must supply to keep the banking system funded.

How to read it

The series trends upward almost continuously with nominal GDP, so the level itself is rarely informative; watch deviations in the growth rate instead. Acceleration can indicate stress-driven cash demand or strong overseas dollar appetite, while unusually slow growth may reflect a shift toward electronic payments. It says little about domestic spending, since a large share of US currency circulates abroad.

Get Currency in Circulation in Excel

Pull Currency in Circulation directly into your spreadsheet with a single MarketXLS formula - always current, no copy-pasting:

=CurrencyInCirculation()

View the Currency In Circulation formula documentation or browse all 100+ Economic Data functions.

Frequently Asked Questions

What is the current Currency in Circulation?

Currency in Circulation is 2.484T as of September 2026.

What is the all-time high and low of Currency in Circulation?

The highest value on record is 2.485T (September 2026) and the lowest is 675B (January 2003).

How often is Currency in Circulation updated?

Currency in Circulation is published on a weekly basis, sourced from Federal Reserve Economic Data (FRED).

How do I get Currency in Circulation in Excel?

Use the MarketXLS Excel formula =CurrencyInCirculation() to pull Currency in Circulation directly into any cell, with historical values available for analysis.

Basic info
Currency in circulation is all of the money that has been issued by a country's monetary authority, minus cash that has been removed from the system.
RegionUnited States
FrequencyWeekly
Last updatedSeptember 17, 2026
Seasonal adjustmentNot Seasonally Adjusted
UnitMillions of U.S. Dollars

Stats
Last Value2.484T
Latest PeriodWk of Sep 16 2026
Last UpdatedSeptember 17 2026, 03:32
Value Previous Week2.485T
Change From Previous Week-0.03%
Value 1 Year Ago2.411T
Change From Year Ago3.02%
Average Growth Rate5.64%/yr
Record High (Sep 2026)2.485T
Record Low (Jan 2003)675B
Long-Term Average1.436T
FrequencyWeekly
AdjustmentNot Seasonally Adjusted
UnitMillions of U.S. Dollars

Annual Averages
20262.457T
20252.393T
20242.348T
20232.325T
20222.271T
20212.169T
20201.948T
20191.745T
20181.661T
20171.556T
20161.458T
20151.372T

Related Indicators
Monetary Base: Total
Bank Reserves
M1 Money Supply
M2 Money Supply
S&P 500 Index
Dow Jones Industrial Average
Wilshire 5000 Total Market Index
CBOE Volatility Index: VIX
St. Louis Fed Financial Stress Index
AA US Corporate Bond Index (Total Return)
BBB US Corporate Bond Index (Total Return)
Federal Funds Effective Rate
<< PREVIOUS INDICATOR
NEXT INDICATOR>>