In 2023, there were a total of 54.6 billion U.S. dollar notes in circulation, roughly 500 million more than in the previous year. Of these, 18.9 billion were 100-dollar bills, which had the highest volume in circulation. This was followed by the one-dollar bill, with 14.5 billion in circulation. During the observed period, the largest increase in the volume of currency in circulation occurred in 2020, as part of the quantitative easing measures introduced by the Federal Reserve.
Volume of currency in circulation in the United States from 2002 to 2023, by denomination
(in billions)
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Federal Reserve. (August 21, 2024). Volume of currency in circulation in the United States from 2002 to 2023, by denomination (in billions) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1385881/breakdown-of-the-volume-of-currency-in-circulation-in-the-us/
Federal Reserve. "Volume of currency in circulation in the United States from 2002 to 2023, by denomination (in billions)." Chart. August 21, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1385881/breakdown-of-the-volume-of-currency-in-circulation-in-the-us/
Federal Reserve. (2024). Volume of currency in circulation in the United States from 2002 to 2023, by denomination (in billions). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1385881/breakdown-of-the-volume-of-currency-in-circulation-in-the-us/
Federal Reserve. "Volume of Currency in Circulation in The United States from 2002 to 2023, by Denomination (in Billions)." Statista, Statista Inc., 21 Aug 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1385881/breakdown-of-the-volume-of-currency-in-circulation-in-the-us/
Federal Reserve, Volume of currency in circulation in the United States from 2002 to 2023, by denomination (in billions) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1385881/breakdown-of-the-volume-of-currency-in-circulation-in-the-us/ (last visited November 10, 2024)
Volume of currency in circulation in the United States from 2002 to 2023, by denomination (in billions) [Graph], Federal Reserve, August 21, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1385881/breakdown-of-the-volume-of-currency-in-circulation-in-the-us/
