Nigeria: Total Currency In Circulation – Updated June 2017

Omenkukwu Ugochukwu 3 years ago Foreign Exchange

Definition: According to Investopedia, the currency in circulation of a country is currency that is physically used to conduct transactions between consumers and businesses rather than stored in a bank, financial institution or central bank. Currency in circulation is part of the overall money supply, with a larger portion of the overall supply being stored in checking and savings accounts.

Source: The data is published by the Central Bank of Nigeria in its website

www.cenbank.gov.ng



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Year Month Currency in Circulation N'million)

2017 January 1,994,577.00

2017 February 1,978,866.00

2017 March 1,983,633.00

2017 April 1,975,812.00

2017 May 1,897,917.00

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