The Most Traded Currencies In The World (Video, Data, Statistics)

The most traded currencies in the world might be a bit more surprising than you imagined.

For example, did you know that tiny Norway has 1.7% of the forex turnover, despite having only 0.06% of the world’s population? 

This is the result of having an open economy, decent policies, and huge resources of the most demanded commodities of the world: oil and gas.

Related reading: Hundreds of free backtested strategies.

Likewise, Japan has 16.7% of the forex turnover and comes in third. 

In this article, we look at the most recent data from BIS, the Bank For International Settlements, and we compiled the following table showing the most traded currencies in the world:

The most traded currencies in the world – table

This is the whole list from BIS:

Rank	Currency	Country	Share
1	USD	USA	88.50%
2	EUR	EU	30.50%
3	JPY	Japan	16.70%
4	GBP	Great Britain	12.90%
5	CNY	China	7.00%
6	AUD	Australia	6.40%
7	CAD	Canada	6.20%
8	CHF	Switzerland	5.20%
9	HKD	Hong Kong	2.60%
10	SGD	Singapore	2.40%
11	SEK	Sweden	2.20%
12	KRW	South-Korea	1.90%
13	NOK	Norway	1.70%
14	NZD	New Zealand	1.70%
15	INR	India	1.60%
16	MXN	Mexico	1.50%
17	TWD	Taiwan	1.10%
18	ZAR	South Africa	1.00%
19	BRL	Brazil	0.90%
20	DKK	Denmark	0.70%
21	PLN	Poland	0.70%
22	THB	Thailand	0.40%
23	ILS	Israel	0.40%
24	IDR	Indonesia	0.40%
25	CZK	Czech	0.40%
26	AED	UAE	0.40%
27	TRY	Turkey	0.40%
28	HUF	Hungary	0.30%
29	CLP	Chile	0.30%
30	SAR	Saudi Arabia	0.20%
31	PHP	Philippines	0.20%
32	MYR	Malaysia	0.20%
33	COP	Columbia	0.20%
34	RUB	Russia	0.20%
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