The highest observed money supply (M3) in Denmark during the period from March 2018 to March 2020 was observed in February 2020. The supply dropped in March 2020, and was then down to around 1.5 trillion Danish kroner.
M3, called the "broad money", is the sum of M1 (currency in circulation and overnight deposits), M2 (M1 plus deposits with maturity of maximum two years and deposits redeemable at notice of maximum three months) and marketable instruments issued by Monetary Financial Institutions such as repurchase instruments or money market fund units.
Monthly money supply (M3) in Denmark from March 2018 to March 2020
(in billion DKK)
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Danmarks Nationalbank. (April 30, 2020). Monthly money supply (M3) in Denmark from March 2018 to March 2020 (in billion DKK) [Graph]. In Statista. Retrieved December 09, 2024, from https://www.statista.com/statistics/1117625/monthly-money-supply-m3-in-denmark/
Danmarks Nationalbank. "Monthly money supply (M3) in Denmark from March 2018 to March 2020 (in billion DKK)." Chart. April 30, 2020. Statista. Accessed December 09, 2024. https://www.statista.com/statistics/1117625/monthly-money-supply-m3-in-denmark/
Danmarks Nationalbank. (2020). Monthly money supply (M3) in Denmark from March 2018 to March 2020 (in billion DKK). Statista. Statista Inc.. Accessed: December 09, 2024. https://www.statista.com/statistics/1117625/monthly-money-supply-m3-in-denmark/
Danmarks Nationalbank. "Monthly Money Supply (M3) in Denmark from March 2018 to March 2020 (in Billion Dkk)." Statista, Statista Inc., 30 Apr 2020, https://www.statista.com/statistics/1117625/monthly-money-supply-m3-in-denmark/
Danmarks Nationalbank, Monthly money supply (M3) in Denmark from March 2018 to March 2020 (in billion DKK) Statista, https://www.statista.com/statistics/1117625/monthly-money-supply-m3-in-denmark/ (last visited December 09, 2024)
Monthly money supply (M3) in Denmark from March 2018 to March 2020 (in billion DKK) [Graph], Danmarks Nationalbank, April 30, 2020. [Online]. Available: https://www.statista.com/statistics/1117625/monthly-money-supply-m3-in-denmark/