Narrow Money (M1) by Country
Latest released Narrow Money (M1) value for every supported currency, with the previous reading, change, reference date, frequency, unit, and source.
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As of : 11 currencies with data.
| Country / Currency | Latest | Previous | Change | Last change | Reference | Frequency | Unit | Source |
|---|---|---|---|---|---|---|---|---|
|
USD · US Dollar
|
19,991.10
|
19,886.50
|
▲ +104.6 | Monthly | USD bn | Federal Reserve | ||
|
EUR · Euro
|
11,292.64
|
11,321.99
|
▼ -29.35 | Monthly | EUR bn | ECB | ||
|
JPY · Japanese Yen
|
1,087.47
|
1,091.49
|
▼ -4.018 | Monthly | JPY tn | Bank of Japan | ||
|
GBP · British Pound
|
2,284,557
|
2,301,544
|
▼ -16,987 | Monthly | GBP mn | Bank of England | ||
|
CHF · Swiss Franc
|
777,303
|
770,141
|
▲ +7,162 | Monthly | CHF mn | SNB | ||
|
AUD · Australian Dollar
|
2,004.40
|
2,026.40
|
▼ -22 | Monthly | AUD bn | RBA | ||
|
NOK · Norwegian Krone
|
3,124.44
|
3,172.36
|
▼ -47.917 | Monthly | NOK bn | Norges Bank | ||
|
CNY · Chinese Yuan
|
115.77
|
115.46
|
▲ +0.31 | Monthly | CNY tn | PBoC | ||
|
MYR · Malaysian Ringgit
|
741,827.13
|
736,245.19
|
▲ +5,581.943 | Monthly | MYR mn | — | ||
|
KRW · South Korean Won
|
1,346,110
|
1,424,074.30
|
▼ -77,964.3 | Monthly | KRW bn | Bank of Korea | ||
|
THB · Thai Baht
|
3,649,806
|
3,618,825
|
▲ +30,981 | Monthly | THB mn | IMF IFS |
What is Narrow Money (M1)?
M1 (narrow money) is the most liquid component of the money supply: currency in circulation plus checking-account balances and other instantly spendable deposits.
Why it matters for FX
M1 growth often leads broader monetary aggregates and can signal shifts in transactions demand for money. Falling M1 growth in an environment of high interest rates often precedes economic slowdowns, which are typically currency-negative through the rate-cut channel.
How to read this page
Watch year-over-year growth and relative changes vs M2 — when M1 contracts faster than M2 grows, savers are shifting from transaction balances into yielding accounts, a sign of tight monetary policy.
What to watch for
- M1 contraction during rate-hike cycles
- Shift from M1 to M2 (money-market funds) as a tightening tell
- Year-over-year vs sequential trends
- China M1 cycle and property cycle linkage
- Eurozone M1 historically a recession lead
AI Answer-Ready
Key Facts
- Page
- M1
- Section
- Indicators
- Canonical URL
- https://fxmacrodata.com/indicators/m1
- Source
- FXMacroData editorial and official publisher references
- Last Updated
- See page metadata
Provenance And Trust
Cite the canonical URL and source field above. Where available, this page maps to official publisher releases and timestamped updates.
Quick Q&A
What is this page about? This page explains M1 with directly usable context for trading, research, and API workflows.
What source should be cited? Use the canonical URL and the listed source field; cite official publisher references when available.
How fresh is this content? The last updated value above reflects the page metadata or latest available data timestamp.
Can this be used in AI assistants? Yes. This section is intentionally structured for retrieval and citation in chat assistants.
Prompt Packs
Use these in ChatGPT, Claude, Gemini, Mistral, Perplexity, or Grok for consistent source-aware outputs.