The utility model relates to an annular multiple par-value paper currency releasing device, comprising a paper currency absorbing-releasing mechanism, a revolving mechanism, a paper currency pushing device and a plurality of paper currency storing boxes. The paper currency absorbing-releasing mechanism is arranged on the revolving mechanism and is driven by the revolving mechanism to revolve. The paper currency storing boxes are distributed around the revolving center of the revolving mechanism, and the paper currency absorbing-releasing mechanism is positioned above the paper currency storing boxes in an absorbing state. The revolving mechanism consists of a rotary arm and a motor, and the paper currency absorbing-releasing mechanism consists of a paper currency absorbing mechanism and a paper currency releasing mechanism. The paper currency absorbing mechanism comprises an absorbing board and a fan, and a plurality of absorbing holes used for absorbing the paper currencies are correspondingly opened on the absorbing board, and the paper currency releasing mechanism consists of a blocking piece, a driving shaft and a driving motor. The utility model realizes the separation of multiple par-value paper currencies and simplifies the whole mechanism of the paper currency releasing device and realizes a minimization of the whole device. Furthermore, the manufacturing cost is lower and the use and the control are convenient. The utility model can be widely applied to ATMs for currency-releasing and to automatic selling machines and automatic gathering machines for changes exchanging.