Forex daily volume was nearly *** billion U.S. dollars for the USD currency, an amount ***** 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 in 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 typically 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 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.

Foreign Exchange Reserves in the United States decreased to 38470 USD Million in May from 38565 USD Million in April of 2025. This dataset provides - United States Foreign Exchange Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Greece / U.S. Foreign Exchange Rate (DISCONTINUED) (EXGRUS) from Apr 1981 to Dec 2000 about Greece, exchange rate, currency, rate, and USA.

A graphic that displays the dollar performance against other currencies reveals that economic developments had mixed results on currency exchanges. The third quarter of 2023 marked a period of disinflation in the euro area, while China's projected growth was projected to go up. The United States economy was said to have a relatively strong performance in Q3 2023, although growing capital market interest rate and the resumption of student loan repayments might dampen this growth at the end of 2023. A relatively weak Japanese yen Q3 2023 saw pressure from investors towards Japanese authorities on how they would respond to the situation surrounding the Japanese yen. The USD/JPY rate was close to ***, whereas analysts suspected it should be around ** given the country's purchase power parity. The main reason for this disparity is said to be the differences in central bank interest rates between the United States, the euro area, and Japan. Any future aggressive changes from, especially the U.S. Fed might lower those differences. Financial markets responded somewhat disappoint when Japan did not announce major plans to tackle the situation. Potential rent decreases in 2024 Central bank rates peak in 2023, although it is expected that some of these will decline in early 2024. That said, analysts expect overall policies will remain restrictive. For example, the Bank of England's interest rate remained unchanged at **** percent in Q3 2023. It is believed the United Kingdom's central bank will ease its interest rate in 2024 but less than either the U.S. Fed or the European Central Bank. This should be a positive development for the pound compared to either the euro or the dollar.

Foreign exchange reserves, billion currency units in Taiwan, April, 2025 The most recent value is 18845.4 billion Taiwanese New Dollar as of April 2025, a decline compared to the previous value of 19354.12 billion Taiwanese New Dollar. Historically, the average for Taiwan from May 1987 to April 2025 is 8516.02 billion Taiwanese New Dollar. The minimum of 1883.54 billion Taiwanese New Dollar was recorded in June 1990, while the maximum of 19354.12 billion Taiwanese New Dollar was reached in March 2025. | TheGlobalEconomy.com

Foreign Exchange Reserves in China increased to 3317000 USD Million in June from 3285000 USD Million in May of 2025. This dataset provides - China Foreign Exchange Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Trade Weighted U.S. Dollar Index: Other Important Trading Partners, Goods (DISCONTINUED) (TWEXO) from 1995-01-04 to 2020-01-01 about trade-weighted, trade, exchange rate, currency, goods, rate, indexes, and USA.

Foreign exchange reserves, billion currency units in the USA, March, 2025 The most recent value is 245.63 billion U.S. Dollar as of March 2025, an increase compared to the previous value of 241.21 billion U.S. Dollar. Historically, the average for the USA from January 1960 to March 2025 is 71.67 billion U.S. Dollar. The minimum of 12.13 billion U.S. Dollar was recorded in August 1971, while the maximum of 253.22 billion U.S. Dollar was reached in August 2021. | TheGlobalEconomy.com

Foreign exchange reserves, billion currency units in Indonesia, March, 2025 The most recent value is 157.09 billion U.S. Dollar as of March 2025, an increase compared to the previous value of 154.51 billion U.S. Dollar. Historically, the average for Indonesia from January 1971 to March 2025 is 45.14 billion U.S. Dollar. The minimum of 0.11 billion U.S. Dollar was recorded in June 1971, while the maximum of 157.09 billion U.S. Dollar was reached in March 2025. | TheGlobalEconomy.com

Graph and download economic data for U.S. / U.K. Foreign Exchange Rate in the United Kingdom (USUKFXUKM) from Jan 1791 to Jan 2017 about academic data, United Kingdom, exchange rate, and rate.

Graph and download economic data for Trade-Weighted Exchange Value of U.S. Dollar vs G-10 Countries (DISCONTINUED) (TWEXMTHY) from Jan 1971 to Dec 1998 about trade-weighted, exchange rate, currency, rate, and USA.

The DXY exchange rate rose to 97.3823 on July 24, 2025, up 0.17% from the previous session. Over the past month, the United States Dollar has weakened 0.30%, and is down by 6.67% over the last 12 months. United States Dollar - values, historical data, forecasts and news - updated on July of 2025.

Graph and download economic data for Canadian Dollars to U.S. Dollar Spot Exchange Rate from 1971 to 2024 about Canada, exchange rate, currency, rate, and USA.

Graph and download economic data for Spain / U.S. Foreign Exchange Rate (DISCONTINUED) (EXSPUS) from Jan 1973 to Dec 2001 about Spain, exchange rate, currency, rate, and USA.

Graph and download economic data for Germany / U.S. Foreign Exchange Rate (DISCONTINUED) (EXGEUS) from Jan 1971 to Dec 2001 about Germany, exchange rate, currency, rate, and USA.

Graph and download economic data for U.S. / Ireland Foreign Exchange Rate (DISCONTINUED) (EXUSIR) from Jan 1971 to Dec 2001 about Ireland, exchange rate, currency, rate, and USA.

Foreign exchange reserves, billion currency units in China, June, 2025 The most recent value is 3627.08 billion U.S. Dollar as of June 2025, an increase compared to the previous value of 3593.46 billion U.S. Dollar. Historically, the average for China from November 1980 to June 2025 is 1366.41 billion U.S. Dollar. The minimum of 2.93 billion U.S. Dollar was recorded in March 1981, while the maximum of 4020.65 billion U.S. Dollar was reached in June 2014. | TheGlobalEconomy.com

Graph and download economic data for Belgium / U.S. Foreign Exchange Rate (DISCONTINUED) (EXBEUS) from Jan 1971 to Dec 2001 about Belgium, exchange rate, currency, rate, and USA.

Graph and download economic data for Equity Market Volatility Tracker: Exchange Rates (EMVEXRATES) from Jan 1985 to Jun 2025 about volatility, uncertainty, equity, exchange rate, rate, and USA.

Interactive historical chart showing the daily Euro - U.S. Dollar (EURUSD) exchange rate back to 1999.