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.:

Read more about this topic:  New Zealand Dollar

Famous quotes containing the words global, foreign, exchange and/or market:

    However global I strove to become in my thinking over the past twenty years, my sons kept me rooted to an utterly pedestrian view, intimately involved with the most inspiring and fractious passages in human development. However unconsciously by now, motherhood informs every thought I have, influencing everything I do. More than any other part of my life, being a mother taught me what it means to be human.
    Mary Kay Blakely (20th century)

    Man-in-seed, in seed-at-zero,
    From the star-flanked fields of space,
    Thunders on the foreign town
    With a sand-bagged garrison....
    Dylan Thomas (1914–1953)

    Love is often nothing but a favorable exchange between two people who get the most of what they can expect, considering their value on the personality market.
    Erich Fromm (1900–1980)

    I refuse to be. In
    the madhouse of the inhuman
    I refuse to live.
    With the wolves of the market place
    I refuse to howl ...
    Marina Tsvetaeva (1892–1941)