G10 currencies
From Infogalactic: the planetary knowledge core
G10 Currencies
The G10 currencies are 10 of the most heavily traded currencies in the world. The G10 currencies are also the world's most liquid currencies (see Market_liquidity). Traders buy and sell them in an open market regularly with minimal impact on their own international exchange rates.
The origin of the term G10 currencies is not clear, however it may be derived from G-10 countries, and their agreement to participate in the IMF General Arrangements to Borrow (GAB). There is no longer a one to one relationship of the G10 currencies to a G10 country.
List of G10 Currencies
- US Dollar (USD)
- Euro (EUR)
- Japanese Yen (JPY)
- British Pound (GBP)
- Swiss Franc (CHF)
- Australian Dollar (AUD)
- New Zealand Dollar (NZD)
- Canadian Dollar (CAD)
- Swedish Krona (SEK)
- Norwegian Krone (NOK) [1]
In certain banking circles, reference is made to the G11 currencies, which are the G10 currencies plus Danish Krone (DKK).
