India Reserve Money: Currency in Circulation data was reported at 38,407,811.323 INR mn in 09 May 2025. This records an increase from the previous number of 38,108,920.323 INR mn for 02 May 2025. India Reserve Money: Currency in Circulation data is updated daily, averaging 9,268,169.600 INR mn from Oct 1996 (Median) to 09 May 2025, with 1491 observations. The data reached an all-time high of 38,407,811.323 INR mn in 09 May 2025 and a record low of 1,273,747.200 INR mn in 01 Nov 1996. India Reserve Money: Currency in Circulation data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under High Frequency Database’s Monetary – Table IN.KAB001: Reserve Money.

After India declared demonetization of all 500 and 1,000 rupee notes in 2016, the currency in circulation had dropped to ***** trillion rupees in financial year 2017. However, the CIC increased rapidly to over ** trillion rupees as of financial year 2024. The currency in circulation in a country is part of the total money supply chain, and it represents the physical cash that people might have in hand or stored in banks or other financial institutions.

In financial year 2024, there were banknotes worth more than 34.7 trillion rupees in circulation across the south Asian country of India. As of November 2016, India discontinued the circulation of 1,000 rupee banknotes and introduced 2,000 rupee banknotes instead.

India - Total banknotes and coins in circulation, banknotes and coins (or currency) in circulation outside banks

Data in table classifies the total amount of money in circulation under various types of notes and coins. The various categories of notes are- re. 1 notes, Rs. 2 notes, Rs. 5 notes, Rs. 10 notes, Rs. 20 notes, Rs. 50 notes, Rs. 100 notes, Rs. 200 notes, Rs. 500 notes, Rs. 1000 notes and Rs. 2000 notes. The various categories of coins mentioned are- small coins, re. 1 coins, Rs. 2 coins, Rs. 5 coins and Rs. 10 coins. Notes : 1) Notes of Rupee 1000 denomination were demonetized w.e.f. January 16, 1978 and subsequently re-introduced in 2000-01 and demonetized again w.e.f. November 8, 2016. 2) For the period from 1970-71 to 1974-75, the amount for Rupee 1 coins also includes various commemorative Ten Rupee coins. 3) Data for 1986-87 exclude figures from Kolkata. 4) Data from 1980-81 for small coins, include small coins of the denominations 1p, 2p, 3p and Anna Pie coins. 5) Data from 1980-81 onwards for Rupee 1 coins Include Mahatma Gandhi Centenary, Ten Rupee silver coin, World Food Agricultural Organisation Commemorative, Ten Rupee silver coin and Independence Day Silver Jubilee Ten Rupee coin. 6) Data on Rupee 2 and Rupee 5 coins relates to coins minted. 7) Rupee 10 coins were introduced in 2009-10. 8) Notes of Rs. 2000 denomination were introduced in 2016-17. 9) Notes of Rs. 200 denomination were introduced in 2017-18. 10) Coins of Rupee 10 and Rupee 20 denomination were introduced in 2009-10 and 2020-21 respectively.

In fiscal year 2023, the share of currency in circulation (CIC) to the gross domestic product in India was nearly ** percent. Since the demonetization in 2017, the CIC-ratio had considerably grown again. India witnessed high ratios of CIC to GDP in times of high economic growth. This time, the CIC-ratio is expected to grow during financial year 2021, despite the recession caused by the coronavirus (COVID-19) pandemic and a likewise rise in digital payments.

This Dataset contains currency denomination wise bank notes, e-rupee and coins/ currency in circulation.

Notes: Denomination includes 50 Paise, 1 Rupee, 2 Rupee, 5 Rupee, 10 Rupee, 20 Rupee, 50 Rupee, 100 Rupee, 200 Rupee, 500 Rupee and 2000 Rupee

Current and historical data on India's Money Supply (M3) - sources, components, currency in circulation, and comparison with global peers.

Money Supply M1 in India increased to 69785.59 INR Billion in May from 65801.13 INR Billion in April of 2025. This dataset provides - India Money Supply M1 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In financial year 2024, the value of the 500 rupee banknotes in circulation amounted to over 30 trillion Indian rupees in India. About 34 trillion Indian rupees worth of banknotes was in circulation in that year across the country.

Context

This data set is extract from Official RBI site and is open to be used for research and educational purpose. The particular dataset contains a (.xlsx) formatted file on "Reserve Money: Components and Sources" by RBI. To be used by researchers, analysts, professionals and students to carry out various projects and research.

Content

You will see a "RBI_data.xlsx" named excel file which contains data of reserve under different categories with year and time. Following are the list of Columns which you will find it the same: 1. dates 2. componets - Currency in circulation Total - 'Other' deposits with RBI - Bankers' deposits with RBi 3. Reserve Money 4. Sources - RBI's Claims on - Government(net) - RBI's Claims on - Central Government - RBI's Claims on - Banks & Commercial sector - RBI's Claims on - Banks (including NABARD) - RBI's Claims on - Commercial sector (excluding NABARD) - Net foreign exchange assets of RBI - Govt' currency liabilities to the public - Net non-monetary liabilities of RBI

Do check for Upper and Lower Case in column names

Acknowledgements

Indian Economy Warehouse

ALL Rights over the data is reserved to RBI and govt. of INDIA, not to be used for commercial purposes.

Money Supply M3 in India decreased to 281389.16 INR Billion in the week ending July 25 from 281412.86 INR Billion two weeks before. This dataset provides - India Money Supply M3 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

As per Cognitive Market Research's latest published report, the Global Cash in Transit Services market size was $16,817.32 Million in 2024 and it is forecasted to reach $23,406.93 Million by 2031. Cash in Transit Services Industry's Compound Annual Growth Rate will be 4.84% from 2024 to 2031. Market Dynamics of the Cash in Transit Services Market

What are the Prime Drivers Influencing the Growth of the Cash in Transit Services Market?

More Money is Being Used in Transactions to Provide Viable Market Output

A significant market driver for cash-in-transit services has been globalization. The necessity for cash logistics services, including cash management, cash-in-transit, ATM services, and others, has grown due to the economy's increased currency circulation.

The strong expansion of ATM installations in emerging regions fuels the market growth

The State Bank of India (SBI) reports that in 2021, the country's currency circulation increased by 7.7% from the previous year due to economic expansion and rising interest rates. Using cash logistics services results in effective cash management, including reduced time spent on tasks, lower risk of errors, and effective cash flow.

(Source:www.sbilife.co.in/sites/SBILife/Annual-Report/FY2020-21/pdf/download-center/statutory-reports.pdf)

Furthermore, recent information made public by the Bank for International Settlements (BIS), a financial institution governed by central banks, shows that an increase in the use of large-denomination notes was the primary factor in the growth of the total amount of currency in circulation. Therefore, increasing cash circulation hastens the growth of the global cash logistics industry.

The Factors are Restricting Growth of Cash in Transit Services Market

High Operational and Insurance Costs: Keeping an armored car fleet, hiring security personnel with the necessary training, and getting insurance for cash-in-transit activities raise operating costs considerably. These expenses may have an impact on profitability, especially for small CIT businesses or those that operate in nations with poor cash handling profit margins. Adoption of Digital Payments Cutting Down on Cash Use: Reliance on physical cash has decreased as a result of the global shift toward digital and contactless payments, particularly in the wake of COVID-19. The amount of cash transactions in metropolitan areas has decreased as mobile wallets and QR payments gain popularity, which has a direct effect on the need for CIT services. Regulatory Obstacles and Compliance Difficulties: Working in several jurisdictions entails stringent requirements for car certifications, handgun permits, and abortion legislation. CIT businesses frequently deal with administrative constraints and compliance issues, particularly when expanding into new areas. These regulatory complications may restrict cross-border operations and postpone expansion.

Key Trends of Cash in Transit Services Market

Integration of GPS and Real-Time Tracking Systems: CIT vehicles are increasingly equipped with cutting-edge fleet tracking technology. Systems for surveillance, route optimization, and real-time GPS monitoring are improving operational effectiveness and security. Additionally, this trend increases consumer trust and enables businesses to react swiftly to crises or questionable conduct while in transit. Hybrid Cash Management Solutions: Smart safes, cash recyclers, and vaulting services are examples of end-to-end cash solutions that CIT companies are now offering as part of their hybrid cash management solutions. In addition to increasing revenue for CIT providers and expediting the cash management process, this bundled service model serves banks and shops seeking total cashautomation. Enhanced Attention to Emerging Markets: Because of their inadequate banking infrastructure, nations in Africa, Southeast Asia, and Latin America still exhibit high levels of cash dependency. Geographic diversification is being driven by CIT companies' proactive entry into these areas in order to meet the growing demand from local businesses, microfinance institutions, and new ATM installations.

Impact Of COVID-19 on the Cash in Transit Services Market

By hindering corporate growth, slowing logistics services, and escalating concern among client segments, the COVID-19 situation has increased market uncertainty. Governments in several areas de...

One euro in 2022 was worth less Indian rupees than in 2021, with exchange rates reaching values close to 2018 or 2019. This is according to a comparison between average monthly and daily exchange rates. As of August 27, 2025, one euro was worth 101.92 Indian rupees. The average, or standardized, measure is based on many observations throughout the period in question. This is different from an annual measure that denotes concrete values as of the end of the year.EstablishmentThe euro, which was established in 1992, introduced in non-physical form in 1999, and finally rolled out in 2002, is used by 19 of the 27 member states of the European Union. This group of 19 countries is otherwise known as the eurozone or euro area. By 2018, the total value of euro currency in circulation was almost 1.2 trillion euros, or over 3.4 thousand euros per capita.Euro to Indian rupeeBetween the years 2001 and 2014, the average annual exchange rate of the euro to the Indian rupee noted an overall increase. In 2014, the euro to Indian rupee annual average exchange rate was equal to 81.04, which meant that one euro could buy 81.04 Indian rupees. By 2019, this value had fluctuated to a value of 78.84, which meant that one euro could buy 78.84 Indian rupees. A similar pattern of fluctuation can be seen with the euro against the U.S. dollar.

As of September 2024, the Reserve Bank of India's digital payment index jumped to ****** from ***** in September 2023. The RBI-DPI index has shown consistent growth since its inception in 2018, which is used as the base year for calculation. Sub-parameters of RBI’s digital payment index The index measures the penetration of digital payments in India based on five parameters: Payment enablers (25 percent), payment infrastructure-demand-side factors (10 percent), payment infrastructure-supply-side factors (15 percent), and payment performance (45 percent). The latter includes value and volume of digital payments, currency in circulation, and cash withdrawals. And lastly consumer centricity (five percent) entailing awareness and education, number of declines, frauds, and system downtime. RBI and evolving digital payments ecosystem The growth of digital payment infrastructure in the country was both a consequence and a need of the hour following demonetization. RBI and the National Payments Corporation of India (NPCI) fostered a varied digital payment ecosystem in the country, catering to the large and diverse population. Consequently, the country’s digital payment landscape multiplied manifold times in the last years. Noteworthy is the expansion of the United Payment Interface, which witnessed a transaction volume of **** billion in 2023. RBI intends to explore the future of digital money in the form of central bank digital currency (CBDC). Three new digital payment initiatives namely RuPay Credit card on UPI, UPI Lite, and Bharat BillPay Cross-Border Bill Payments have also been launched by RBI.

Forex daily volume was nearly *** billion U.S. dollars for the USD currency, an amount ***** times higher than for the euro (EUR). The forex - or foreign exchange market - turnover per day is a figure that is not often measured, only once every three years. No figures are available for 2020, for instance. What figures are available, however, indicate that the USD currency far outweighs that of many other currencies all over the world. What is the forex market? The forex market is based on the fluctuations in the value of currency interest rates. For example, the U.S. dollar performs differently against other major currencies. If one can properly predict these fluctuations, they can buy a weaker currency with a stronger one. After the currencies rebalance, the original currency will be worth more in terms of the exchange rate, giving the investor a profit. There are many foreign exchange trading services, including many multinational banks which already work in multiple currencies. Other currency trading functions Countries and central banks typically hold foreign currencies. These international reserves help facilitate the transactions in international trade, which is one reason China’s foreign reserves are so high. Countries can buy and sell foreign currencies to maintain a particular exchange rate. This is necessary for currencies which are pegged to another currency, such as the U.S. dollar. However, some countries are accused of exchange rate manipulation to make their exports seem more attractive. Finally, certain currencies are considered safer. Citizens and firms in a country with an unstable currency will buy these currencies to avoid volatility, or even hyperinflation, in their home currency.