Volume of Currency in Circulation: $5
CURRVOL5 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.70
Year-over-Year Change
54.17%
Date Range
1/1/1994 - 1/1/2024
Summary
The Volume of Currency in Circulation: $5 tracks the total number of $5 bills currently in circulation within the U.S. economy. This metric provides insights into cash usage patterns and monetary dynamics at the consumer transaction level.
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 aggregate quantity of $5 denominations actively circulating in the financial system, reflecting consumer spending habits and cash transaction preferences. Economists analyze this trend to understand currency demand, liquidity, and potential shifts in payment behaviors.
Methodology
Data is collected and compiled by the Federal Reserve through comprehensive tracking of currency production, distribution, and redemption processes.
Historical Context
This trend is utilized in monetary policy analysis, cash management strategies, and economic forecasting models.
Key Facts
- Represents total volume of $5 bills in active circulation
- Reflects consumer transaction preferences
- Tracked comprehensively by the Federal Reserve
FAQs
Q: How often is the $5 currency volume data updated?
A: The Federal Reserve typically updates this data on a monthly or quarterly basis, providing current insights into currency circulation.
Q: Why is tracking $5 bill circulation important?
A: Monitoring $5 bill volume helps understand consumer spending patterns and potential shifts in payment methods.
Q: What factors influence $5 bill circulation?
A: Factors include retail transactions, consumer preferences, economic conditions, and digital payment adoption rates.
Q: How do economists use this data?
A: Economists analyze this trend to assess economic activity, consumer behavior, and potential monetary policy implications.
Q: Are there limitations to this data?
A: The data represents physical currency and does not account for digital transactions or electronic payment methods.
Similar CURRVOL Trends
Citation
U.S. Federal Reserve, Volume of Currency in Circulation: $5 [CURRVOL5], retrieved from FRED.
Last Checked: 8/1/2025