Broad Money (M3) by Country
Latest released Broad Money (M3) value for every supported currency, with the previous reading, the change between releases, reference date, frequency, unit, and source.
/api/v1/announcements/{currency}/broad_money. Non-USD endpoints require an API key query parameter.| Country / Currency | Latest | Previous | Change | Reference | Frequency | Unit | Source |
|---|---|---|---|---|---|---|---|
|
Switzerland
CHF · Swiss Franc
|
1,221,317
31 Mar 2026
|
1,215,324
28 Feb 2026
|
▲ +5,993 | 31 Mar 2026 | Monthly | CHF mn | SNB/FSO |
|
United Kingdom
GBP · British Pound
|
38,551
31 Mar 2026
|
28,813
28 Feb 2026
|
▲ +9,738 | 31 Mar 2026 | Monthly | Percent YoY | Bank of England |
|
Australia
AUD · Australian Dollar
|
3,410.70
31 Mar 2026
|
3,383.40
28 Feb 2026
|
▲ +27.3 | 31 Mar 2026 | Monthly | Percent YoY or level | RBA |
What is Broad Money (M3)?
M3 (broad money) extends M2 with longer-term deposits and institutional money-market funds. It is the most comprehensive money-supply measure published by most central banks.
Why it matters for FX
Sustained M3 growth above 6-7 percent year-over-year is historically associated with accelerating inflation a year or two later — a relationship the ECB historically built into its two-pillar strategy. FX traders watch M3 alongside credit growth as a slow-moving but reliable inflation signal.
How to read this page
Watch the year-over-year change. Compare across currencies for relative monetary stance. The eurozone M3 series is the most FX-relevant given the ECB's historical attention to it.
What to watch for
- Eurozone M3 trend alongside MROs and credit data
- M3 acceleration as an inflation lead 12-18 months out
- Negative M3 readings (rare) as deflationary signal
- Counterparts: credit to private sector, government, foreign
- BoE and BoJ broad-money equivalents