New Zealand Dollar - Global Foreign Exchange Market

Global Foreign Exchange Market

Most traded currencies by value
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.:

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