Volume of Currency in Circulation: $2
CURRVOL2 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.70
Year-over-Year Change
70.00%
Date Range
1/1/1994 - 1/1/2024
Summary
The Volume of Currency in Circulation for $2 bills tracks the total number of $2 banknotes currently in active economic circulation. This metric provides insights into currency usage patterns and consumer behavior in the United States.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic indicator represents the total quantity of $2 bills distributed by the Federal Reserve across the national financial system. Economists analyze this trend to understand cash preferences, payment behaviors, and potential shifts in currency demand.
Methodology
Data is collected through Federal Reserve tracking systems that monitor currency production, distribution, and active circulation.
Historical Context
This metric is used in monetary policy analysis, cash management strategies, and understanding consumer transaction preferences.
Key Facts
- $2 bills represent a unique segment of U.S. currency circulation
- Production volumes can indicate specific economic and cultural trends
- Usage varies significantly across different regions and demographics
FAQs
Q: How often are $2 bills printed?
A: The Federal Reserve prints $2 bills periodically based on demand, with production volumes varying by year and economic conditions.
Q: Are $2 bills considered rare?
A: While less common than other denominations, $2 bills are legal tender and remain in active circulation throughout the United States.
Q: How is the CURRVOL2 data collected?
A: The data is compiled through comprehensive tracking of currency distribution by the Federal Reserve's cash management systems.
Q: What influences $2 bill circulation?
A: Factors include cultural practices, regional preferences, collector interest, and overall cash transaction trends.
Q: How frequently is this data updated?
A: The Federal Reserve typically updates currency circulation data on a quarterly or annual basis, depending on economic conditions.
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Similar CURRVOL Trends
Citation
U.S. Federal Reserve, Volume of Currency in Circulation: $2 [CURRVOL2], retrieved from FRED.
Last Checked: 8/1/2025