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Alex Walia > Currency > What are the 10 major currencies?
What are the 10 major currencies

What are the 10 major currencies?

The 10 major currencies most commonly used in global trade, finance, and foreign exchange markets are:

  1. US Dollar (USD) – United States
    • The world’s primary reserve currency and the most traded currency.
  2. Euro (EUR) – Eurozone
    • Used by 20 European Union countries and the second most traded currency.
  3. Japanese Yen (JPY) – Japan
    • A major reserve currency and widely traded in Asia.
  4. British Pound Sterling (GBP) – United Kingdom
    • One of the oldest currencies still in use and a major global currency.
  5. Swiss Franc (CHF) – Switzerland
    • Considered a “safe-haven” currency during periods of economic uncertainty.
  6. Canadian Dollar (CAD) – Canada
    • Often influenced by commodity prices, especially oil.
  7. Australian Dollar (AUD) – Australia
    • A major commodity-linked currency widely traded in the Asia-Pacific region.
  8. Chinese Yuan Renminbi (CNY) – China
    • Increasingly important in global trade as China’s economy has grown.
  9. Hong Kong Dollar (HKD) – Hong Kong
    • Widely used in Asian financial markets and pegged to the US dollar.
  10. New Zealand Dollar (NZD) – New Zealand
  • Another major commodity-linked currency, commonly traded in forex markets.

Summary Table

Currency Code Country/Region
US Dollar USD United States
Euro EUR Eurozone
Japanese Yen JPY Japan
British Pound GBP United Kingdom
Swiss Franc CHF Switzerland
Canadian Dollar CAD Canada
Australian Dollar AUD Australia
Chinese Yuan (Renminbi) CNY China
Hong Kong Dollar HKD Hong Kong
New Zealand Dollar NZD New Zealand

These currencies account for the vast majority of global foreign exchange trading and are considered the world’s major currencies.

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