T2: Stock of money available for payments
(SGD millions; end of year, unless otherwise stated)
Year
«  2020  »
2016 2017 2018 2019 2020
Narrow money supply (M1)172,754183,699188,798195,666259,878
Breakdown of 'narrow money supply (M1)', by component
Banknotes and coins (or currency) in circulation outside banks38,52542,34045,29248,92953,881
Overnight deposits by other than banks134,229146,192143,506146,737205,997
Othernapnapnapnapnap
Total banknotes and coins in circulation42,50845,78648,96952,30757,278
Breakdown of 'total banknotes and coins in circulation' by holder
Banknotes and coins (or currency) in circulation outside banks38,52542,34045,29248,92953,881
Banknotes and coins held by banks 13,9893,4553,6803,3823,398
Breakdown of 'total banknotes and coins in circulation'
 into banknotes and coins
Total banknotes in circulation41,23444,47247,63550,95255,900
Breakdown of 'total banknotes in circulation' by note type
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SGD 100001,5751,4711,4091,3621,343
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SGD 100018,46722,04623,21225,58526,655
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SGD 500236233231229227
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SGD 1003,8984,2965,3686,2458,369
SGD 5012,71412,04012,85512,77114,342
SGD 251010101010
SGD 20175174174253252
SGD 102,7192,7232,8552,9343,063
SGD 5408417433452477
SGD 28939249529741,025
SGD 1138138138137137
Total coins in circulation1,2741,3141,3341,3551,378
Breakdown of 'total coins in circulation' by coin type
$(CNOTE-75-SG)napnapnapnapnap
SGD 566666
SGD 1637659668679693
SGD 0.50257265271276281
SGD 0.20187193197200203
SGD 0.10136139140142143
SGD 0.054445464647
SGD 0.0177777
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$(CNOTE-69-SG)napnapnapnapnap
$(CNOTE-71-SG)napnapnapnapnap
$(CNOTE-73-SG)napnapnapnapnap
Bank deposits held at the central bank (average for December) 121,96722,29522,46421,41028,150
Breakdown of 'bank deposits held at the central bank'
 into required and free reserves
Required reservesnapnapnapnapnap
Free reservesnapnapnapnapnap
Interbank deposits (average for December)napnapnapnapnap
Intraday credit extended by the central bank (average for December)napnapnapnapnap
 1  The DBU and ACU books were used to distinguish the domestic and offshore operations of banks and merchant banks. The DBU was used to book domestic transactions, which were mostly denominated in Singapore dollar (SGD), and the ACU was used to book offshore transactions, which were denominated in foreign currency (FCY).