Narrow Money (M1) by Country
Latest released Narrow Money (M1) value for every supported currency, with the previous reading, the change between releases, reference date, frequency, unit, and source.
/api/v1/announcements/{currency}/m1. Non-USD endpoints require an API key query parameter.| Country / Currency | Latest | Previous | Change | Reference | Frequency | Unit | Source |
|---|---|---|---|---|---|---|---|
|
Brazil
BRL · Brazilian Real
|
13,454,845.89
31 Mar 2026
|
13,369,779.10
28 Feb 2026
|
▲ +85,066.791 | 31 Mar 2026 | Monthly | BRL bn | BCB SGS |
|
Japan
JPY · Japanese Yen
|
10,898,181
31 Mar 2026
|
10,868,105
28 Feb 2026
|
▲ +30,076 | 31 Mar 2026 | Monthly | JPY tn | BoJ/Statistics Japan |
|
United Kingdom
GBP · British Pound
|
3,277,274
31 Mar 2026
|
3,231,220
31 Dec 2025
|
▲ +46,054 | 31 Mar 2026 | Monthly | GBP mn | Bank of England |
|
Switzerland
CHF · Swiss Franc
|
763,262
31 Mar 2026
|
756,943
28 Feb 2026
|
▲ +6,319 | 31 Mar 2026 | Monthly | CHF mn | SNB/FSO |
|
New Zealand
NZD · New Zealand Dollar
|
137,977
31 Mar 2026
|
132,962
28 Feb 2026
|
▲ +5,015 | 31 Mar 2026 | Monthly | NZD millions | RBNZ |
|
China
CNY · Chinese Yuan
|
23,970.53
28 Feb 2026
|
27,978.90
31 Dec 2025
|
▼ -4,008.37 | 28 Feb 2026 | Monthly | CNY tn | NBS/PBoC |
|
United States
USD · US Dollar
|
19,436.30
31 Mar 2026
|
19,387.40
28 Feb 2026
|
▲ +48.9 | 31 Mar 2026 | Monthly | USD bn | FRED (BEA/BLS/Fed) |
|
Eurozone
EUR · Euro
|
11,234.49
01 Mar 2026
|
11,162.46
01 Feb 2026
|
▲ +72.029 | 01 Mar 2026 | Monthly | EUR bn | ECB/Eurostat |
|
Australia
AUD · Australian Dollar
|
1,977.30
31 Mar 2026
|
1,964
28 Feb 2026
|
▲ +13.3 | 31 Mar 2026 | Monthly | AUD mn | ABS/RBA |
|
Canada
CAD · Canadian Dollar
|
2.25
01 Apr 2026
|
2.25
01 Mar 2026
|
● 0 | 01 Apr 2026 | Monthly | CAD mn | Bank of Canada/StatCan |
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