There are nearly 200 active currencies in the world. But much of the foreign trade and other forex activities are done only with a small number of currencies. According to the Bank of International Settlements, a staggering $6.6 trillion worth of currencies trade daily on the foreign exchange market. Here we take a look at the ten most traded currencies in the world. The ranking is based on data from the Bank of International Settlements.Every forex trade involves two currencies, or a currency pair. The most popular currency pairs in the world are the USD/EUR, USD/JPY, and USD/GBP. Each curren…
