Money supply, billion currency units in Niger, October, 2020
For that indicator, we provide data for Niger from January 2004 to October 2020. The average value for Niger during that period was 715.61 billion CFA Franc with a minimum of 171.03 billion CFA Franc in February 2004 and a maximum of 1420.3 billion CFA Franc in September 2020.
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Measure: billion CFA Franc
Source: Central Bank of West African States
Definition: The money supply is the total amount of currency and other liquid instruments circulating in the economy. The indicator represents the broad money that include currency outside banks; demand, time, saving, and foreign currency deposits of resident sectors other than the central government; bank and traveler's checks; and other securities such as certificates of deposit and commercial paper.