Monthly international payments currency share in SWIFT 2019-2023

Most used currency in the world for international payments in SWIFT from January 2019 to October 2023, based on share in total transaction value

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Release date

November 2023



Survey time period

January 2019 to October 2023

Special properties

Wire transfers based on SWIFT MT103 and MT202 format, i.e. both customer initiated as well institutional payments; The source separates international payments - stylized via MT103 and MT202 - from trade finance. That latter category uses MT400 and MT700; Excludes payments within the Eurozone

Supplementary notes

Transactions do not not include physical exchanges of cash, or digital payments such as PayPal, Apple Pay, Alipay or WeChat Pay.

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