The US dollar continues to lead all global transactions:
The share of international transactions in US dollars through the SWIFT system has increased to 50.5%, the highest level since 2023. This rate has increased by 11.6 percentage points compared to four years ago. The Euro remains in second place with 21.9%, followed by the British pound (6.7%), the Canadian dollar (3.4%), and the Japanese yen (3.4%). In comparison, China's renminbi accounts for only 2.7%, nearly unchanged over the past three years. Meanwhile, SWIFT processed 13.4 billion transaction orders in 2024, up from 11.9 billion in 2023. The US dollar's position in the international financial sector remains very strong.
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The US dollar continues to lead all global transactions:
The share of international transactions in US dollars through the SWIFT system has increased to 50.5%, the highest level since 2023.
This rate has increased by 11.6 percentage points compared to four years ago.
The Euro remains in second place with 21.9%, followed by the British pound (6.7%), the Canadian dollar (3.4%), and the Japanese yen (3.4%).
In comparison, China's renminbi accounts for only 2.7%, nearly unchanged over the past three years.
Meanwhile, SWIFT processed 13.4 billion transaction orders in 2024, up from 11.9 billion in 2023.
The US dollar's position in the international financial sector remains very strong.