Fewer than 100 staff work in currency divisions on average

Duties including upholding Covid-19 countermeasures in some jurisdictions

The average number of full-time equivalent (FTE) employees at central banks’ banknote units is below 100, the Currency Benchmarks 2023 find.

A total of 27 currency departments disclosed data on their FTE personnel size. Across the sample, central banks have an average of 91 FTE staff. Central banks reported a minimum of six workers and a maximum of 718 – both these institutions are in the Americas.

The sample also reveals variations in team sizes by income groups. FTE employees in currency

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