Monetary Base Components
Monetary Circulation is banknotes and coins held by the public and financial institutions, plus cheques cancelatorios. Bills and Coins (Billetes y Monedas) is monetary circulation minus cash held by financial institutions. Cash at Financial Institutions is the peso cash held by banks and other financial entities. Bank Deposits are current account deposits in pesos that financial institutions hold at the BCRA, which also form part of the monetary base.
Monetary Base Components
Values expressed in Millions of Pesos
Variations
Monetary Circulation
Last
28,929,681
2026-10-06 : 28,929,681
Daily Variation
+0.1%
2026-10-05 : 28,903,095
Monthly Variation
+0.8%
2026-09-06 : 28,691,780
Annual Variation
+22.0%
2025-10-06 : 23,708,759
2 Year Variation
+92.8%
2024-10-06 : 15,003,839
3 Year Variation
+414.0%
2023-10-06 : 5,628,802
5 Year Variation
+1198.5%
2021-10-06 : 2,227,944
10 Year Variation
+5617.3%
2016-10-06 : 506,001
Bills and Coins Held by the Public
Last
26,673,333
2026-10-06 : 26,673,333
Daily Variation
-0.3%
2026-10-05 : 26,744,229
Monthly Variation
+0.8%
2026-09-06 : 26,463,351
Annual Variation
+23.1%
2025-10-06 : 21,672,574
2 Year Variation
+98.9%
2024-10-06 : 13,411,113
3 Year Variation
+425.9%
2023-10-06 : 5,071,770
5 Year Variation
+1245.4%
2021-10-06 : 1,982,598
10 Year Variation
+5805.8%
2016-10-06 : 451,643
Cash at Financial Institutions
Last
2,256,348
2026-10-06 : 2,256,348
Daily Variation
+4.5%
2026-10-05 : 2,158,866
Monthly Variation
+1.3%
2026-09-06 : 2,228,429
Annual Variation
+10.8%
2025-10-06 : 2,036,185
2 Year Variation
+41.7%
2024-10-06 : 1,592,726
3 Year Variation
+305.1%
2023-10-06 : 557,032
5 Year Variation
+819.7%
2021-10-06 : 245,346
10 Year Variation
+4050.9%
2016-10-06 : 54,358
Bank Deposits in BCRA Account
Last
17,849,798
2026-10-06 : 17,849,798
Daily Variation
+1.9%
2026-10-05 : 17,519,796
Monthly Variation
-3.8%
2026-09-06 : 18,559,549
Annual Variation
+4.5%
2025-10-06 : 17,084,210
2 Year Variation
+95.0%
2024-10-06 : 9,155,240
3 Year Variation
+1083.0%
2023-10-06 : 1,508,870
5 Year Variation
+2012.4%
2021-10-06 : 844,987
10 Year Variation
+9466.8%
2016-10-06 : 186,581