The US dollar, followed by Euro and the Japanese Yen, are the top three most traded currencies of the world.
The foreign exchange market, also known as the forex market, is the largest financial market in the world with an average daily trading volume of $6.6 trillion. This market allows for the exchange of currencies between countries, and as such, some currencies are more frequently traded than others.
Let’s take a closer look at the top ten most traded currencies in the world:
Most Traded Currencies in the World | |||||
| Country | Currency | ISO Code | Symbol | Average Daily Trading Volume (trillions of USD) | Percentage Share (2021) |
| USA | US Dollar | USD | $ | 4.9 | 88.3% |
| Eurozone | Euro | EUR | € | 1.8 | 32.4% |
| Japan | Japanese Yen | JPY | ¥ | 0.9 | 16.6% |
| United Kingdom | British Pound | GBP | £ | 0.7 | 13.0% |
| Australia | Australian Dollar | AUD | A$ | 0.4 | 7.2% |
| Switzerland | Swiss Franc | CHF | Fr | 0.3 | 5.2% |
| Canada | Canadian Dollar | CAD | C$ | 0.3 | 4.6% |
| China | Chinese Yuan | CNY | ¥ | 0.2 | 4.3% |
| Hong Kong | Hong Kong Dollar | HKD | HK$ | 0.1 | 1.9 |
| Sweden | Swedish Krona | SEK | kr | 0.1 | 1.8 |
Know more:
Related maps:
The Republic of Madagascar is an island country located in the Indian Ocean, off the…
The Euro is the official currency of the European Union. It is, however, not incumbent…
There are many countries or regions that are partially recognized by the UN, have disputes…
The Alaska Statehood Act was signed into law by President Dwight D. Eisenhower in 1958,…
The name Persia may, however, only be used to refer to Iran in some contexts.…
Hawaii is an Island State in the US. It is one of the 50 states…