Money supply, billion currency units in Nigeria, November, 2020
For that indicator, we provide data for Nigeria from January 2000 to November 2020. The average value for Nigeria during that period was 11975.36 billion Nigerian Naira with a minimum of 648.51 billion Nigerian Naira in January 2000 and a maximum of 36504.52 billion Nigerian Naira in November 2020.
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around the world.
* indicates monthly or quarterly data series
Measure: billion Nigerian Naira
Source: Central Bank of Nigeria
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.