Triennial forex daily volume with 39 different currencies 2001-2022

Forex daily volume was nearly six billion U.S. dollars for the USD currency, an amount three times higher than for the euro (EUR). The forex - or foreign exchange market - turnover per day is a figure that is not often measured, only once every three years. No figures are available for 2020, for instance. What figures are available, however, indicate that the USD currency far outweighs that of many other currencies all over the world. What is the forex market? The forex market is based on the fluctuations in the value of currency interest rates. For example, the U.S. dollar performs differently against other major currencies. If one can properly predict these fluctuations, they can buy a weaker currency with a stronger one. After the currencies rebalance, the original currency will be worth more terms of the exchange rate, giving the investor a profit. There are many foreign exchange trading services, including many multinational banks which already work in multiple currencies.Other currency trading functions Countries and central banks often hold foreign currencies. These international reserves help facilitate the transactions in international trade, which is one reason China’s foreign reserves are so high. Countries can buy and sell foreign currencies to maintain a particular exchange rate. This is necessary for currencies which are pegged to another currency, such as the U.S. dollar. However, some countries are accused of exchange rate manipulation in order to make their exports seem more attractive. Finally, certain currencies are considered safer. Citizens and firms in a country with an unstable currency will buy these currencies to avoid volatility, or even hyperinflation, in their home currency.

美元货币的每日外汇交易量接近六十亿美元，是欧元（EUR）的三倍。外汇市场，或称外汇交易市场，的每日交易额是一项鲜少被测量的数据，通常每三年才统计一次。例如，2020年的数据便无从查证。然而，现有数据表明，美元在全球众多货币中占据着举足轻重的地位。那么，何谓外汇市场？外汇市场是以货币利率波动的价值变动为基础的。例如，美元与其他主要货币的表现各不相同。若能准确预测这些波动，投资者便可以利用更强的货币购买较弱的货币。在货币重新平衡后，原始货币相对于汇率将增值，从而为投资者带来利润。外汇交易服务众多，包括众多跨国银行在内的多家金融机构已涉足多种货币的交易。此外，各国央行也常持有外币储备。这些国际储备有助于促进国际贸易的顺利进行，这也是中国外汇储备如此之高的一个原因。各国可以通过买卖外币来维持特定的汇率，这对于钉住其他货币的货币来说是必要的，例如美元。然而，一些国家因涉嫌操纵汇率以使出口更具吸引力而受到指责。最后，某些货币被认为更具安全性。在货币不稳定的国家的公民和公司会购买这些货币，以规避其本国货币的波动，甚至避免恶性通货膨胀。