Home

Top 10 Currencies Everyone Wants

admin
Business, Featured
441 Comments

One good way of determining the top 10 currencies that everyone wants is by looking at how these currencies are performing in the FOREX market. The foreign exchange market is the trading medium where businesses, individuals and banks trade currencies and earn from their investments. There are presently three foreign exchange market; The US, Asia and Europe. What is unique about these markets is that we have at least one that is running within the 24-hour cycle on weekdays.
There are ten major currencies which form the circle of ten most heavily traded currencies in the FOREX market.

 

1. United States Dollar

united-states-dollar

The US dollar is the hands down most dominant currency unit today. In fact, all currencies are measured using US dollar as the standard. In quantified terms, about 90% of transactions worldwide involve the US dollar. This is a testament not only of the importance of the currency but also of the clout and influence of the US economy in the global scene.

 

2. The Euro

the-euro

This regional currency is the sign of the times. It is one concrete indication at how the future economies will take shape. The Euro is defined as the regional currency of multiple economies among of which include Germany. Germany is the most active country in the FOREX market among all countries that uses the Euro currency. The Euro takes second spot right behind the US dollar as the most heavily traded currency in the FOREX market. It accounts for almost 37 percent of the daily transactions in the FOREX market.

 

3. Japanese Yen

japanese-yen

The Japanese Yen comes close and takes third spot for the most heavily traded currencies. About 20 percent of the daily transactions in the FOREX market involve the Japanese Yen.

 

4. British Pound

british-pound

The British pound in most occasions is measured up against the US dollar. It accounts for 17 percent of the daily FOREX transactions.

 

5. Swiss Franc

swiss-franc

As expected, the Swiss Franc makes in to the round of top 5 most heavily traded currencies in the FOREX market. About 6 percent of the daily transactions in the FOREX market involve the Swiss Franc.

 

6. Australian Dollar

australian-dollar

The Australian dollar takes no. 6 spot in our list accounting for over 4 percent of all transactions done in the FOREX market.

 

7. Canadian Dollar

canadian-dollar

The Canadian dollar lands on no. 7 spot for the list of the most heavily traded currencies globally. The Canadian dollar accounts for over 4 percent of all transaction in the FOREX market daily.

 

8. Swedish Krone

swedish-krone1

The Swedish Krone makes it in the top 10 list of the most active currencies in the FOREX market. It accounts for more than 2 percent of all the transactions that happen in the FOREX market on a daily basis.

 

9. Hong Kong Dollar

hong-kong-dollar

The Hong Kong dollar takes the 9th spot of the most heavily traded currency in the FOREX market. It accounts for almost 2 percent of the daily transactions in the FOREX market.

 

10. Norwegian Krone

norwegian-krone

The Norwegian Krone completes our list of the 10 most heavily traded currencies in the FOREX market. About 1.5 percent of the daily transactions in the FOREX market involve the Norwegian Krone.

 

About The Author

Google+

441 Responses

  1. jak poderwac dziewczyne

    This is really attention-grabbing, You are an overly professional blogger. I’ve joined your feed and look forward to searching for extra of your excellent post. Also, I have shared your website in my social networks

    Reply
  2. Kieran

    The British pound is stronger than the euro and much stronger than the US dollar. The Japanese yen could take the top place out of those five but the recent natural disaster hit Japan hard, it would be fight between the GBP (Great-British-Pound ‘£’) and the Japanese Yen.

    Reply
  5. JosephBelry

    clean cbd gummies put up a convenient and enjoyable feeling to face the effects of this compound. These gummies fingers on in diverse flavors, potencies, and formulations, providing users with controlled dosing and long-lasting effects. Profuse consumers recognize them for the purpose relaxation, stress relief. Putting, it’s prominent to digest them responsibly, as effects may pilfer longer to recoil in compared to smoking or vaping. Always check dosage guidelines and ensure compliance with adjoining laws up front purchasing or consuming.

    Reply
  6. xxx sex

    Sexuality is an essential aspect of a man’s physical and emotional well-being. A healthy sexual life contributes positively to mental and physical health. Open communication with partners, understanding desires, and mutual respect are key for a fulfilling experience. Sexuality should be approached with care, respect, and consent, ensuring both partners’ needs are met and emotional connections are strengthened. Healthy relationships foster trust and intimacy, enhancing the overall quality of life. It is important to address concerns and seek guidance if needed, as sexual well-being is a crucial component of holistic health

    Reply
  126. Jetton casino

    Готовы покорить мир онлайн-казино?
    Добро пожаловать в Jetton Casino – премиальное казино, где представлен широкий каталог слотов.
    Jet ton казино и почувствуйте
    настоящий драйв!

    Что делает нас лучшими?

    Лучшие игровые автоматы – слоты,
    рулетка, покер, блэкджек.

    Выгодные акции – программа лояльности для постоянных игроков.

    Мгновенные выплаты – поддержка криптовалют и электронных кошельков.

    Удобная навигация – быстрая загрузка игр.

    Дружелюбные операторы – онлайн-чат и e-mail 24/7.

    Начните выигрывать уже сегодня и получите максимум
    удовольствия!

    Reply

Leave a Reply

Your email address will not be published.