Dave Pimper

402.721.0809

Money

How Big is Money?

How BIG is Currency?

With the advent of online payment systems and the rise of debit cards, physical currency may seem like a relic of a bygone era. But right now, there’s still a lot of it going around.

Let’s examine how the total amount of United States, Euro, Yen, and total worldwide currency actually looks. Spoiler alert: it’s big.

The Dollar

The United States dollar is the world's most traded currency, with 1.61 trillion dollars circulating in coinage and notes.1, 2

So, how big is a dollar?

Stacked together, the 39.8 billion notes currently in circulation would take up 1.8 million cubic feet of space.5, 6

That amount of currency would fill 20 Olympic-sized swimming pools...7

...and would overflow the Lincoln Memorial Reflecting Pool in the US Capital.7

Keep exploring! Click on another currency below to discover its true size.

The Euro

The euro is the second most popular traded currency in the world, and the most popular in Europe.8

There are 82.3 billion €50 notes in circulation.

So, how big is the Euro? At 16.5 square inches each, all the €50 notes could completely cover New York City...

or the city of Indianapolis...

...or blanket the entire landscape of Badlands National Park. 11-13

Keep exploring! Click on another currency below to discover its true size.

The Yen

The Japanese yen is third most traded currency in the world, and the most popular in Asia.14

So, how big is the yen?

There are 12.4 million ¥1 coins in circulation. Stacked on top of each other, that many coins could line the Las Vegas strip two times... 17, 18

could climb Mt. Everest almost twice...18

...and that same stack of coins could run the Preakness Stakes race eight times. 18

Keep exploring! Click on another currency below to discover its true size.

Total Worldwide

There is a name for the total value of worldwide currency stuffed into pockets, lost in couch cushions, and stored in bank vaults. Economists call it "M0." 19

The M0 for the entire planet hovers around $5 trillion. Let's see what that looks like. 20

Turns out that $5 trillion, or M0, takes up a lot of space. But we have to do a bit of abstracting to properly visualize it.

Let's assume that $5 trillion comes to us in $100 bills.

That M0 stack of bills would weigh twice as much as the Statue of Liberty. 21

Spread out, those bills would cover the entire Grand Canyon... 22

...and laid end-to-end, that M0 measure of $100 bills would circle all of planet Earth 194 times. 23

Now that's a lot of dough.

Keep exploring! Click on another currency below to discover its true size.

Sources

  1. Currency Exchange International Corp., 2018
  2. Board of Governors of the Federal Reserve System, 2018
  3. United States Mint, 2018
  4. Wikipedia.org, 2018
  5. Board of Governors of the Federal Reserve System, 2018
  6. Quara.com, 2018
  7. Bluebulbprojects.com, The Measure of Things, 2018
  8. Currency Exchange International Corp., 2018
  9. Wikipedia.org, 2018
  10. Wikipedia.org, 2018
  11. Statista.com, 2018
  1. Wikipedia.org, 2018. Badlands National Park is in South Dakota.
  2. Bluebulbprojects.com, The Measure of Things, 2018
  3. Currency Exchange International Corp., 2018
  4. Wikipedia.org, 2018
  5. Wikipedia.org, 2018
  6. Bank of Japan, 2018
  7. Bluebulbprojects.com, The Measure of Things, 2018
  8. Marketplace.org, 2018
  9. Business Insider Inc., 2018
  10. Bluebulbprojects.com, The Measure of Things, 2018
  11. Bluebulbprojects.com, The Measure of Things, 2018
  12. Wikipedia.org, 2018
Share |
 

Related Content

Dog Bites Neighbor. Now What?

Dog Bites Neighbor. Now What?

Even dogs have bad days. So, what happens when your dog bites a neighbor or passing pedestrian?

Capital Gains Tax Estimator

Capital Gains Tax Estimator

Use this calculator to estimate your capital gains tax.

Understanding Dividends

Understanding Dividends

Find out the value working with a mutual company and how you may be entitled to an added benefit of an annual dividend.

 

Have A Question About This Topic?







Thank you! Oops!

Pickleball in Retirement

Learn about the latest sport to sweep the nation with this informative article.

Financial Hacks for Millennials: Going Back to School

As we continue to readjust our lives to a global pandemic, you may be wondering if now is the time to use that time to go back to school to pursue a higher degree, or if you can build new skills in other ways.

Exploring the Federal Student Grant Program

In this article, explore the benefits of the Federal Student Grant Program.

View all articles

What Is My Risk Tolerance?

This questionnaire will help determine your tolerance for investment risk.

Comparing Investments

This calculator compares the net gain of a taxable investment versus a tax-favored one.

How Much Home Can I Afford?

With a few simple inputs you can estimate how much of a mortgage you may be able to obtain.

View all calculators

Investment Strategies for Retirement

Investment tools and strategies that can enable you to pursue your retirement goals.

5 Smart Investing Strategies

There are some smart strategies that may help you pursue your investment objectives

Protecting Those Who Matter Most

The importance of life insurance, how it works, and how much coverage you need.

View all presentations

What Smart Investors Know

Savvy investors take the time to separate emotion from fact.

Retiring in a Post-Pandemic World

Imagine your ideal post-pandemic retirement with this animated video.

It May Be Time for a Financial Checkup

It’s never a bad time to speak with your financial professional about changes in your situation.

View all videos

Web site design by  Sorensen Web Design