COVID-19 Cash Tracker
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What are we looking at?
Banknotes in circulation are a liability item of a central bank’s balance sheet. Coins, which constitute only a small percentage of euro cash, are by definition not included.
Charts on this page cover volume development, growth, and the seasonality of cash in Eurozone and in Germany. Data is updated on a weekly basis.
Why are we looking at it?
Cash is an integral part of a country’s money supply and continues to play an important role as means of payments especially in Germany.
It is also increasingly an asset class for retail investors. It serves as a safe haven in volatile times and therefore as an important crisis indicator.
Highlights for Eurozone
- Eurozone cash increased by €1.95bn (0.14% w-o-w) to a total of €1,400bn
Highlights for Germany
- German cash increased by €0.20bn (0.06% w-o-w) to a total of €340bn