Global Foreign Exchange Market
| Rank | Currency | ISO 4217 code (Symbol) |
% daily share (April 2010) |
|---|---|---|---|
| 1 | United States dollar | USD ($) | 84.9% |
| 2 | Euro | EUR (€) | 39.1% |
| 3 | Japanese yen | JPY (¥) | 19.0% |
| 4 | Pound sterling | GBP (£) | 12.9% |
| 5 | Australian dollar | AUD ($) | 7.6% |
| 6 | Swiss franc | CHF (Fr) | 6.4% |
| 7 | Canadian dollar | CAD ($) | 5.3% |
| 8 | Hong Kong dollar | HKD ($) | 2.4% |
| 9 | Swedish krona | SEK (kr) | 2.2% |
| 10 | New Zealand dollar | NZD ($) | 1.6% |
| 11 | South Korean won | KRW (₩) | 1.5% |
| 12 | Singapore dollar | SGD ($) | 1.4% |
| 13 | Norwegian krone | NOK (kr) | 1.3% |
| 14 | Mexican peso | MXN ($) | 1.3% |
| 15 | Indian rupee | INR | 0.9% |
| Other | 12.2% | ||
| Total | 200% | ||
The New Zealand dollar contributes in a very large way to the total global exchange market far in excess of New Zealand's rank as a percentage of Population or Global GDP. For the last several years New Zealand has ranked approximately the 10th most traded currency. In the year 2010, according to the international bank of settlements, the total amount traded ranked in order of most traded to least traded, as a percentage of global foreign exchange market daily turnover was 1.6% giving it a rank of 10th.:
Read more about this topic: New Zealand Dollar
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“To market ‘tis our destiny to go.”
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