Tap to Read ➤

10 Powerful currencies in the world

Money Federation
10.
Singapore Dollar (SGD)
1.8% of daily global foreign exchange market turnover.
9.
Hong Kong Dollar (HKD)
3.5% of daily global foreign exchange market turnover.
8.
Swiss Franc (CHF)
4.9% of daily global foreign exchange market turnover.
7.
Canadian Dollar (CAD)
5.0% of daily global foreign exchange market turnover.
6.
Australian Dollar (AUD):
6.8% of daily global foreign exchange market turnover. The Australian dollar is the official currency of the Commonwealth of Australia, including Christmas Island, Cocos (Keeling) Islands, and Norfolk Island.
5.
Renminbi (CNY)
4.3% of daily global foreign exchange market turnover. The renminbi, also known as the Chinese yuan.
4.
British Pound Sterling (GBP)
12.8% of daily global foreign exchange market turnover. The British pound sterling is the official currency of the United Kingdom and several of its overseas territories.
3.
Japanese Yen (JPY)
16.8% of daily global foreign exchange market turnover. The Japanese yen is the third-most traded currency in the world.
2.
Euro (EUR)
32.3% of daily global foreign exchange market turnover. The euro is the official currency of the eurozone, which consists of 19 member states of the European Union.
1.
US Dollar (USD)
88.3% of daily global foreign exchange market turnover. The US dollar is the world's reserve currency, meaning it is the most widely held currency by central banks and used in international transactions.