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    Gavin Mai
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    Currency Dominance

    I’m exploring what people mean when they say the dollar dominates.

    How to read this & what to try

    This looks at the foreign currencies central banks keep in reserve—their stash of other countries’ money.

    Central banks help manage a country’s money. Imagine dividing their reserves into piles of dollars, euros, yen, and other currencies. The share chart shows how big each pile is compared with the total. A currency’s share can fall even while the amount held grows, if the other piles grow faster.

    Try this: Select two currencies and compare them over time. Switch between share and dollar value to see why those views can tell different stories.

    This is one measure of currency use. It does not show all trade, payments, or savings, and it excludes gold. The charts use the IMF’s published reserve data.

    Total reserves
    $13.10T
    US dollar share
    57.13% +0.71 pp vs prior quarter
    Latest quarter
    Q1 2026

    Reserve share over time

    % of total reserves

    Select currencies to compare. The vertical scale adjusts to your selection.

    Latest composition

    Q1 2026

    Select a currency to see its history.

    Exact values & data downloads
    Q1 2026 · Total reserves $13.10T
    CurrencyShareHoldings (USD)
    US dollar57.13%$7.49T
    Euro20.03%$2.63T
    Renminbi1.99%$260.1B
    Japanese yen5.44%$713.1B
    Pound sterling4.40%$576.5B
    Australian dollar2.11%$276.8B
    Canadian dollar2.48%$324.6B
    Swiss franc0.24%$32.0B
    Other currencies6.18%$809.9B

    A dash means the currency was not yet reported separately, not a zero holding.

    Source & methodology

    The revised IMF series covers total foreign exchange reserves, including estimates for unreported currency composition. History from 2000 is revised consistently. The estimated portion is 10.65% in Q1 2026.

    AUD and CAD are reported separately from Q4 2012; renminbi from Q4 2016. Before those dates they are included in “Other currencies.” Gold, SDRs, and reserve positions at the IMF are excluded. Dollar valuations move with exchange rates as well as reserve purchases and sales.

    IMF COFER methodology ↗

    IMF release: Jul 1, 2026 · Checked: Sep 19, 2026 · Checks for updates every 6 hours.