Most jurisdictions have not withdrawn denominations in past five years

Thirty-two central banks have an average of six denominations in circulation

The majority of central banks responding to the Currency Benchmarks 2022 have not withdrawn any denominations from circulation in the past five years.

Some 22 of 27 (81.5%) institutions said they have not removed any denominations from circulation over the past five years. One of these 22 did note it completed the transition from an old banknote series in 2019. This figure excludes all national central banks from the eurozone, but includes the European Central Bank. The ECB has stopped printing

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