Is there or is there no money on the street?; this is what the data says

“There is no money on the street,” is a popular expression widely used by merchants and ordinary citizens to refer to their perception at a given moment about the performance of the economy.

However, the Central Bank does have a scientific tool to measure the money held by the public, both in cash and in transferable deposits through the indicator “M1 Money Supply”.

The data indicates that as of May 2025, the public’s holdings amount to approximately RD$812,000.6 million, RD$239,920.0 million in banknotes and coins, and RD$572,080.6 million as transferable deposits.

So far in 2025, the money held by the public has been decreasing since January when there was RD$835,684.1 million, to RD$833,842.1 million in February, RD$833,977.3 in March, RD$811,677.2 million in April.

That behavior is relatively normal; the month with the highest circulation of all years is usually December, due to the royalties granted in the public and private sectors, and since then it gradually decreases with the exception of some months with special situations.

For example, March was a month where the country received US$1,110.0 million in remittances, which influenced the circulating money, this influenced by the taxes that the American government returns to Dominicans residing in that country, of which they send a large part of them to the Dominican Republic.

When comparing the RD$812,000.6 million in May 2025 with the RD$785,705.8 million in circulation in May 2024, an increase of RD$27 billion more “on the street” is reflected.

The month of 2024 with the most circulating money was December, with RD$866,350.1 million, and the month with the most money circulating so far in 2025 has been January with RD$835,684.1 million.