The info comes via the global survey compiled by the Bank of International Settlements (BIS) released today. This survey is taken once every three years.

The RBNZ have issued a media release noting that:

  • The NZD has fallen to be the 14th most traded currency globally
  • The NZD had held the number 10 spot since 2010, but has been overtaken by the Singapore dollar, Swedish krona, Korean won and Norwegian krone respectively.
  • The US dollar retained the number one spot — being on one side of 88% of all foreign exchange (FX) trades — followed by the euro and the Japanese yen respectively.
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