M2VVelocity of M2 Money Stock — Current Value & Historical Data
Gray bands: NBER recessions·Dashed lines: key policy events
What is Velocity of M2 Money Stock?
Calculated as the ratio of quarterly nominal GDP to the quarterly average of M2 money stock.
Current Velocity of M2 Money Stock Value
As of January 1, 2026, the current velocity of m2 money stock is 1.41 Ratio. This is the most recent observation available for this series, updated quarterly.
Historical Trend
Velocity of M2 Money Stock fell 0.07% quarter-over-quarter. Over the past year, velocity of m2 money stock rose 1.37% from January 2025. In the series' tracked history, the highest recorded value was 2.19 (July 1997), and the lowest was 1.13 (April 2020).
Methodology & Source
Source: Federal Reserve Economic Data (FRED)
Frequency: Quarterly
Units: Ratio
Calculated as the ratio of quarterly nominal GDP (https://fred.stlouisfed.org/series/GDP) to the quarterly average of M2 money stock (https://fred.stlouisfed.org/series/M2SL). The velocity of money is the frequency at which one unit of currency is used to purchase domestically- produced goods and...