The most traded currencies in 2016

The most traded currencies in 2016

December 30, 2016 Good Reads 0 Comments

Have you ever wondered which currencies receive the most trading action? The data for the following chart comes from a survey done every three years by the Bank of International Settlements (BIS).

Note that trading volume adds up to 200%, because each currency trade has a pairing.

Screen Shot 2016 12 29 at 9.14.21 AMVisual Capitalist

The Chinese yuan is now the 8th most traded currency in the world, for a total share of 4.0%.

That means its share has doubled since the 2013 BIS report:

Screen Shot 2016 12 29 at 9.15.25 AMVisual Capitalist

 

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