Thursday, February 9, 2017

Banknote of 500 rubles already in circulation. Including in Poland, we have almost 200 billion in cash – Gazeta.pl

New bill is the most secure banknotem in Poland. Has, among other things, the so-called security thread. Its fragments are optical variables. This means that gradually change colour from green to blue when you tilt the banknote. The thread is a template of two intertwined bands, which gives the impression of moving. Viewing a new design can be attraction in and of itself. However, the possibilities to view probably will not be enough.

the decree of the President of the NBP, introducing into circulation new banknotes suggests that they will be up to 50 million units. It is very small. For comparison, stuzłotowych banknotes in circulation is more than a billion.

Banknotes of Polanddata: NBP

the Value of all money in circulation at the moment 187,3 billion RUBLES (data of the BANK at the end of 2016). Of to 183 billion ROUBLES in banknotes and $ 4.3 billion in coins.

In circulation to 16.4 billion coins, including 6.1 billion jednogroszówek. Pięciozłotówek, i.e. coins with the highest denomination we have in circulation 314 million.

all this, however, only a small part of all the money that we have available. The vast majority of them, for in the form of non-cash. In the form of money haunting the economy 187,3 billion RUBLES, while in the form of deposits in Bank accounts is more than a trillion rubles. For households should be 705 billion HRYVNIA deposits, for companies 269 billion RUBLES, and for other entities (in particular, financial institutions, local authorities, social insurance Fund) 108 billion RUBLES.

Money in Polanddata: NBP

the Fact of the introduction into circulation of new banknotes does not mean that all of a sudden much will come of money in the economy. All the time because of the turnover they appear worn banknotes. According to the national BANK in 2016 a month wycofywano notes costing an average of 14.4 billion RUBLES. In their place come new and so will be this time, will only change the structure of banknotes within the grid. If there is a new pięćsetzłotowe, respectively, less appears of the new banknotes stuzłotowych whether dwustuzłotowych.

And about how much all money in circulation we have to decide for yourself. The NBP, by entering into circulation of new money is based on information from banks about how much money from Bank cash offices and ATMs pull customers. Due to the fact that we are in this fairly predictable (for example, every year we need more paper money before the may long weekend) , the NBP can easily prepare enough cash to never have problems with access to them.

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