Paper money is increasingly included in the price. We have over 3 billion banknotes in circulation

Cash is increasingly perceived by Poles as a reliable means of payment in crisis situations – informs Friday “Puls Biznesu”.

As we read in the diary, the value of cash in the turn reached at the end of August PLN 443 billion and from the beginning of the year increased by 7.4 percent. “The National Bank of Poland (NBP) estimates that the value of financial trading in physical form throughout 2025 will be about 10 % greater than in the previous one,” it was announced.

According to the author of the text, Pandemia and War in Ukraine have influenced the increase in the popularity of banknotes in recent years. “Central banks of some countries have even issued recommendations regarding keeping cash in households – some clearly determined the necessary amounts,” it was indicated.

Paweł Szałamacha, a member of the National Board of the Polish Bank, told the newspaper that “in 2024 the value of cash money increased by 9.5 percent to PLN 413 billion, and for eight months of this year the value of the cash circulation increased continuously, exceeding PLN 440 billion in August.” He added that The vast majority of this amount is the cash accumulated by households for precautionary purposesand only 3 percent It is located at the ticket office of financial institutions.

“Pb” said that There are currently 3.3 billion banknotes in circulation – the most with a denomination of PLN 100 and 200 – about 1 billion items. There are currently 95 million banknotes with a denomination of PLN 500 in the hands of banks. (PAP)

mir/ kt/