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