1. USD is the largest currency in the world, accounting for 88.3% of the global foreign exchange trading volume, with a daily trading volume of 2.9 trillion USD. It is the most powerful currency issued by the Federal Reserve. The United States is one of the largest and most stable economies in the world, which helps the dollar become the dominant currency in the world.

2. Euro was introduced in 1999. It is the official currency 19 of the 27 member states of the European Union and issued by the European Central Bank in Frankfurt, Germany. The euro accounts for 32.3% of global foreign exchange transactions. The huge economic influence of the euro zone makes it the second largest trading currency in the world. It is expected that in the next few years. ...

3. The share of Japanese yen in global foreign exchange transactions decreased from 2 1.6% in 20 16 to 16.8% in 20 19. The decline in Japanese yen trading volume was mainly due to the contraction of USD/JPY trading with low volatility. The average daily trading volume of Japanese yen is about 554 billion US dollars. Japan is a world leader. ...

The pound was once the second largest currency in the world.

5. The Australian dollar accounts for 6.8% of global foreign exchange transactions and is the fifth largest currency in terms of transaction volume. The Australian dollar was launched on 1966 and issued by the Reserve Bank of Australia. Like Canada, Australia is also a major exporter of commodities. Therefore, the trading volume and price of commodities will affect the exchange rate of the Australian dollar.

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1. Foreign exchange refers to the creditor's rights held by monetary authorities (central bank, monetary management institutions, foreign exchange stabilization fund and Ministry of Finance) in the form of bank deposits, treasury bonds, long-term and short-term government securities, etc. Can be used when the balance of payments is in deficit. Including foreign currency, foreign currency deposits, foreign currency securities (treasury bonds, treasury bonds, corporate bonds, stocks, etc.). ) and foreign currency payment vouchers (bills, bank deposit vouchers, postal savings vouchers, etc.). ). By 20 15, China ranked first in the foreign exchange reserves of governments all over the world. The United States, Japan, Germany and other countries have a large number of private foreign exchange reserves, and the overall foreign exchange reserves of the country are much higher than that of China.