v. t. e. In monetary economics, the currency in circulation in a country is the value of currency or cash (banknotes and coins) that has ever been issued by the country’s monetary authority less the amount that has been removed. More broadly, money in circulation is the total money supply of a country, which can be defined in various ways
At current exchange rates, the 500 euro note is worth about £430 - eight times more than the £50 note which is the most common high value sterling denomination. If a drugs gang collects up to £1m in twenties from its clients on street corners, those notes will weigh more than 50kg - about 50 bags of sugar.
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