The most traded currencies in 2016
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.
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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:
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