Ten Most Traded Currencies with the U.S. Dollar

Key Takeaways

  • The Japanese yen took the second place spot, followed by the Canadian dollar. Both currencies saw a large increase in daily transactions from last year.
  • Despite being the world’s second largest economy, trading of Chinese yuan remains relatively low. With a daily transaction volume of $10.6 billion, the renminbi ranked #10 on the list. Three of its peers in Asia outranked the Chinese yuan—the Japanese yen (#2), the Hong Kong dollar (#8), and the Singapore dollar (#9).
  • Free trade agreements boosted the foreign exchange flows between the USD and the Canadian dollar, Australian dollar, Mexican peso, and Singapore dollar.
Bitcoin trades around $15 billions/d now which would place it on top 8 most traded currencies worldwide, above Hong Kong and Singapore dollar.
But let's not compare fiat currencies with real money.
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Do we consider Bitcoin a currency?
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Yeah the currency of freedom
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I keep asking myself: how much tax was paid on these transactions and how many people took advantage of this amount illegally to be polished
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USA otherwise does a lot of trade with India and China. The forex trading is much much different and is the game of those who support each other by fiat. All supports will break one by one. Let Bitcoin prevail.
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I thought the chinese yuan would be higher? No wonder they are so keen on getting brics up and moving.
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And bitcoin crumbles all of them
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