The use of coins and notes is steadily declining across Europe, yet it remains widespread. In many eurozone countries, cash is still the most common payment method both in terms of the number and value of transactions.
According to a European Central Bank (ECB) survey, the median amount of cash people keep in their wallets in the eurozone is €59 as of 2024. This amount varies considerably from €35 in the Netherlands to €82 in Luxembourg and Cyprus.
