Data on banknotes and coins (October 2024)
The value of banknotes in circulation rose by 1.6% year-on-year in October 2024, reaching €126,706 million. In terms of the number of notes, there was a 0.1% increase, to 1,690 million notes. The value of coins in circulation increased by 0.9% year-on-year in October 2024, reaching €11,833 million. In terms of the number of coins, there was a 0.1% increase, to 10,340 million coins.
Banknotes
The €50 note continues to be the most widely circulated denomination, accounting for 44.4% of the total value of banknotes in circulation. The €20 note is the second most widely circulated denomination, accounting for 24.7% of the total value of banknotes in circulation. The €10 note is the third most widely circulated denomination, accounting for 15.6% of the total value of banknotes in circulation.
The €500 note is the least widely circulated denomination, accounting for just 0.5% of the total value of banknotes in circulation. However, it is still the highest value denomination in circulation.
Coins
The €2 coin is the most widely circulated denomination, accounting for 43.3% of the total value of coins in circulation. The €1 coin is the second most widely circulated denomination, accounting for 35.6% of the total value of coins in circulation. The €0.50 coin is the third most widely circulated denomination, accounting for 12.5% of the total value of coins in circulation.
The €2 coin is also the heaviest coin in circulation, weighing 8.5 grams. The €1 coin is the lightest coin in circulation, weighing 7.5 grams.
Conclusion
The data on banknotes and coins in circulation in October 2024 shows that both the value and number of banknotes and coins in circulation increased slightly year-on-year. The €50 note remains the most widely circulated denomination, while the €2 coin is the most widely circulated denomination.
Data on banknotes and coins (October 2024)
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