IMF COFER

The world's foreign exchange reserves

How has the dollar's share changed? Follow the currency mix of foreign assets held by central banks and monetary authorities around the world.

Observations through Q2 2026 · Retrieved 2026-10-09

The largest share. A changing mix.

Compare the dollar, the euro–yen–pound group, and nontraditional currencies on a consistent basis over time.

US dollar

70.8%56.7%

Q1 2000 → Q2 2026

Euro, yen and pound

26.3%30.1%

Q1 2000 → Q2 2026

Nontraditional currencies

2.9%13.2%

Q1 2000 → Q2 2026

In this analysis, nontraditional currencies include the renminbi, Canadian dollar, Australian dollar, Swiss franc and other currencies. The three groups sum to 100%.

Which currencies explain the rise?

The renminbi is only part of the story. Separating today's composition from changes over time reveals the role of other currencies.

Inside nontraditional reserves

The renminbi currently makes up 16.1% of nontraditional reserves. Other currencies make up the remaining 83.9%.

Q2 2026

This entire bar represents 100% of nontraditional reserves, equivalent to 13.2% of world FX reserves.

CurrencyOf world FX reservesOf nontraditional reserves
Other currencies6.1%46.0%
Canadian dollar2.5%18.8%
Australian dollar2.2%17.1%
Chinese renminbi2.1%16.1%
Swiss franc0.3%2.0%

Split the +10.3 pp change into two periods

Q1 2000 → Q4 2016

+4.9 pp

Before all five categories were separately identified

Q4 2016 → Q2 2026

+5.4 pp

All five categories are comparable

Each period shows the change in the combined nontraditional share. The earlier increase is not an increase in today's Other currencies category.

Over the full period, the renminbi can explain at most +2.1 pp (20.5%) of the increase. Other currencies explain at least +8.2 pp.

How is this upper bound calculated?

Subtract the renminbi's current share of 2.1% from the overall increase of +10.3 pp. Its initial share is unidentified but cannot be negative, so its increase cannot exceed its current share. This is a mathematical upper bound, not an estimated contribution that assumes the initial share was zero. The calculation includes exchange rate and price effects on shares.

The period we can break down by currency

Change the start quarter to see how each currency contributed to the change in the combined nontraditional share through the latest quarter.

Through Q2 2026

Change in the nontraditional share+5.4 pp

CurrencyStartLatestChangeShare of net increase
Other currencies2.6%6.1%+3.5 pp64.4%
Chinese renminbi1.0%2.1%+1.1 pp20.6%
Australian dollar1.9%2.2%+0.4 pp6.9%
Canadian dollar2.1%2.5%+0.3 pp6.3%
Swiss franc0.2%0.3%+0.1 pp1.7%

Contribution = currency's percentage-point change ÷ net increase in the nontraditional share × 100. Negative contributions offset the increase; contributions can exceed 100% when other currencies decline. Percentages are shown as — when the total is unchanged or falls. Percentage-point changes use all world FX reserves as the denominator. Rounding may affect totals.

Beyond the dollar

The dollar is hidden initially to make smaller shares easier to read. The chart starts in Q4 2016, when all nine categories became separately identifiable.

Total FX reserves

$13.2 trillion

Q2 2026

Latest currency composition
CurrencyShareHoldings (USD billions)
US dollar USD56.7%7494.5
Euro EUR20.6%2722.9
Other currencies 6.1%800.6
Japanese yen JPY5.0%656.2
Pound sterling GBP4.6%604.3
Canadian dollar CAD2.5%326.7
Australian dollar AUD2.2%296.7
Chinese renminbi CNY2.1%279.4
Swiss franc CHF0.3%35.4

What changed over your chosen period?

Compare the difference in currency shares in percentage points. This does not trace proceeds from dollar sales into other currencies.

The end quarter must be the same as or later than the start quarter. Selecting the same quarter gives a change of 0.0 percentage points for every currency.

Q4 2016 → Q2 2026

CurrencyStartEnd quarterChange
US dollar64.7%56.7%-8.0 pp
Euro18.9%20.6%+1.7 pp
Japanese yen4.0%5.0%+1.0 pp
Pound sterling4.7%4.6%-0.1 pp
Chinese renminbi1.0%2.1%+1.1 pp
Canadian dollar2.1%2.5%+0.3 pp
Australian dollar1.9%2.2%+0.4 pp
Swiss franc0.2%0.3%+0.1 pp
Other currencies2.6%6.1%+3.5 pp

Before reading the numbers

Shares are not transaction flows

Shares change with exchange rates, asset prices, reserve accumulation and trading. This page shows official observations without exchange rate adjustments and does not estimate actual transactions.

These reserves exclude gold

COFER excludes monetary gold, SDR holdings and reserve positions in the IMF. Individual countries' currency compositions and individual currencies within the other category, including the Korean won, are not disclosed.

Historical figures are revised too

From Q3 2025, the IMF imputes the currency composition of previously unallocated reserves, revising the series back to Q1 2000. This page uses a single revised vintage for the whole time series.

Not separately identified does not mean zero

The Australian and Canadian dollars are separately identified from Q4 2012, and the renminbi from Q4 2016. Earlier holdings are included in other currencies; we neither replace missing values with zero nor estimate them retrospectively.

Share of total FX reserves whose currency composition was imputed by the IMF in the latest quarter: 10.6%.

Sources and data

ChartKo aggregates IMF currency shares into three groups and calculates changes between periods. Displayed values are rounded to one decimal; calculations and CSV retain source precision. Rounded shares may not sum to 100%.

Download data CSV
Data table for all quarters

Not identified means a currency was not yet reported separately, not that its holdings were zero.

QuarterUS dollar (%)Euro (%)Japanese yen (%)Pound sterling (%)Chinese renminbi (%)Canadian dollar (%)Australian dollar (%)Swiss franc (%)Other currencies (%)
Q2 202656.7%20.6%5.0%4.6%2.1%2.5%2.2%0.3%6.1%
Q1 202657.2%20.0%5.4%4.4%2.0%2.5%2.1%0.2%6.1%
Q4 202556.5%20.3%5.8%4.4%2.0%2.5%2.0%0.2%6.2%
Q3 202556.6%20.5%5.8%4.5%1.9%2.7%2.1%0.2%5.7%
Q2 202556.9%20.3%5.7%4.7%2.0%2.6%2.1%0.2%5.5%
Q1 202558.4%19.1%5.8%4.6%2.0%2.6%2.0%0.2%5.3%
Q4 202458.4%18.9%5.6%4.6%2.1%2.8%2.0%0.2%5.3%
Q3 202457.8%19.2%5.7%4.9%2.1%2.8%2.2%0.2%5.2%
Q2 202458.9%18.8%5.5%4.8%2.1%2.7%2.2%0.2%4.9%
Q1 202459.5%18.9%5.5%4.8%2.1%2.5%2.1%0.2%4.4%
Q4 202359.0%19.2%5.4%4.8%2.3%2.5%2.1%0.2%4.4%
Q3 202359.7%18.9%5.2%4.8%2.4%2.4%2.0%0.2%4.3%
Q2 202359.8%18.9%5.5%4.7%2.5%2.5%1.9%0.2%4.1%
Q1 202360.1%18.7%5.4%4.6%2.6%2.3%1.9%0.3%4.0%
Q4 202259.0%19.7%5.4%5.0%2.6%2.5%2.2%0.2%3.3%
Q3 202260.4%18.9%5.1%4.8%2.6%2.6%2.2%0.2%3.2%
Q2 202260.0%19.0%5.4%4.9%2.8%2.6%2.1%0.2%3.1%
Q1 202259.4%19.2%5.6%4.9%2.8%2.6%2.1%0.2%3.2%
Q4 202159.4%19.8%5.5%4.9%2.9%2.4%2.0%0.2%2.9%
Q3 202159.9%19.8%5.6%4.7%2.7%2.3%2.0%0.2%2.8%
Q2 202159.8%19.8%5.6%4.8%2.6%2.3%2.0%0.2%2.8%
Q1 202160.1%19.8%5.8%4.7%2.5%2.2%2.0%0.2%2.7%
Q4 202059.5%20.6%6.0%4.8%2.3%2.1%2.0%0.2%2.5%
Q3 202061.0%19.9%5.8%4.6%2.2%2.1%1.9%0.2%2.4%
Q2 202061.9%19.5%5.7%4.5%2.1%2.0%1.8%0.1%2.4%
Q1 202062.3%19.3%6.1%4.4%2.0%1.8%1.7%0.1%2.2%
Q4 201961.3%19.8%5.8%4.7%2.0%1.9%1.8%0.1%2.5%
Q3 201962.1%19.5%5.7%4.5%2.0%1.9%1.8%0.1%2.3%
Q2 201961.7%19.8%5.6%4.5%2.0%1.9%1.8%0.1%2.4%
Q1 201962.2%19.5%5.4%4.6%2.0%2.0%1.8%0.1%2.4%
Q4 201862.1%20.0%5.1%4.5%2.0%1.8%1.7%0.1%2.6%
Q3 201862.3%19.7%5.1%4.5%1.9%2.0%1.8%0.1%2.5%
Q2 201862.6%19.6%4.9%4.6%1.9%1.9%1.8%0.2%2.4%
Q1 201862.9%19.9%4.6%4.8%1.5%1.9%1.9%0.2%2.5%
Q4 201762.7%19.8%4.8%4.7%1.2%2.1%2.0%0.2%2.5%
Q3 201763.3%19.8%4.4%4.7%1.1%2.1%1.9%0.2%2.4%
Q2 201763.5%19.7%4.5%4.7%1.0%2.1%1.9%0.2%2.3%
Q1 201764.2%19.0%4.5%4.6%1.0%2.1%2.0%0.2%2.5%
Q4 201664.7%18.9%4.0%4.7%1.0%2.1%1.9%0.2%2.6%
Q3 201663.8%19.5%4.3%4.7%Not identified2.1%1.9%0.2%3.4%
Q2 201664.0%19.5%4.2%4.9%Not identified2.1%1.9%0.2%3.3%
Q1 201663.9%19.8%3.8%5.0%Not identified2.1%1.9%0.2%3.3%
Q4 201564.2%19.4%3.9%5.2%Not identified2.1%1.8%0.3%3.2%
Q3 201564.2%19.6%3.8%5.1%Not identified2.1%1.6%0.3%3.4%
Q2 201563.5%19.7%3.9%5.1%Not identified2.2%1.8%0.3%3.4%
Q1 201563.5%19.7%4.1%4.8%Not identified2.3%1.7%0.3%3.5%
Q4 201462.7%20.5%4.1%4.7%Not identified2.3%1.8%0.3%3.7%
Q3 201462.4%20.7%4.1%4.7%Not identified2.3%1.9%0.3%3.6%
Q2 201461.3%21.6%4.2%4.7%Not identified2.4%1.9%0.3%3.5%
Q1 201461.3%21.8%4.2%4.7%Not identified2.3%1.9%0.3%3.5%
Q4 201361.7%21.5%4.1%4.8%Not identified2.3%1.9%0.3%3.4%
Q3 201361.7%21.3%4.3%4.7%Not identified2.3%1.8%0.3%3.5%
Q2 201362.0%21.1%4.3%4.6%Not identified2.3%1.8%0.3%3.5%
Q1 201362.1%21.0%4.2%4.6%Not identified2.2%1.8%0.3%3.7%
Q4 201261.8%21.4%4.3%4.7%Not identified2.1%1.7%0.3%3.6%
Q3 201261.8%21.3%4.5%4.8%Not identifiedNot identifiedNot identified0.3%7.2%
Q2 201262.2%21.9%4.2%4.6%Not identifiedNot identifiedNot identified0.3%6.9%
Q1 201261.9%21.7%4.3%4.7%Not identifiedNot identifiedNot identified0.3%7.1%
Q4 201162.5%21.7%4.1%4.6%Not identifiedNot identifiedNot identified0.2%6.8%
Q3 201162.2%22.2%4.1%4.7%Not identifiedNot identifiedNot identified0.4%6.4%
Q2 201161.6%22.9%4.1%4.8%Not identifiedNot identifiedNot identified0.2%6.5%
Q1 201161.8%22.8%4.1%4.8%Not identifiedNot identifiedNot identified0.2%6.3%
Q4 201061.9%22.9%4.1%4.8%Not identifiedNot identifiedNot identified0.2%6.0%
Q3 201061.8%23.3%4.0%4.8%Not identifiedNot identifiedNot identified0.2%5.8%
Q2 201062.6%23.0%3.8%4.9%Not identifiedNot identifiedNot identified0.2%5.5%
Q1 201061.8%23.8%3.6%5.1%Not identifiedNot identifiedNot identified0.2%5.5%
Q4 200962.2%24.0%3.3%5.0%Not identifiedNot identifiedNot identified0.2%5.2%
Q3 200961.3%24.2%3.5%5.2%Not identifiedNot identifiedNot identified0.2%5.6%
Q2 200962.4%24.1%3.5%5.1%Not identifiedNot identifiedNot identified0.2%4.8%
Q1 200963.8%23.3%3.6%4.7%Not identifiedNot identifiedNot identified0.2%4.3%
Q4 200862.9%23.4%4.3%4.9%Not identifiedNot identifiedNot identified0.2%4.3%
Q3 200863.9%22.2%4.4%5.2%Not identifiedNot identifiedNot identified0.2%4.0%
Q2 200862.7%23.3%4.4%5.3%Not identifiedNot identifiedNot identified0.2%4.0%
Q1 200863.1%23.3%4.3%5.2%Not identifiedNot identifiedNot identified0.2%3.9%
Q4 200762.6%23.3%4.2%5.7%Not identifiedNot identifiedNot identified0.2%4.0%
Q3 200762.7%23.8%3.8%5.3%Not identifiedNot identifiedNot identified0.2%4.1%
Q2 200763.4%22.9%4.0%5.5%Not identifiedNot identifiedNot identified0.2%4.0%
Q1 200763.7%23.3%3.9%5.1%Not identifiedNot identifiedNot identified0.2%3.8%
Q4 200663.7%22.6%4.5%5.3%Not identifiedNot identifiedNot identified0.2%3.7%
Q3 200664.6%22.1%4.3%5.2%Not identifiedNot identifiedNot identified0.2%3.5%
Q2 200664.1%22.5%4.4%5.2%Not identifiedNot identifiedNot identified0.2%3.6%
Q1 200664.9%22.1%4.4%5.0%Not identifiedNot identifiedNot identified0.2%3.4%
Q4 200564.9%21.9%4.8%4.7%Not identifiedNot identifiedNot identified0.2%3.5%
Q3 200565.0%22.3%4.6%4.7%Not identifiedNot identifiedNot identified0.2%3.2%
Q2 200564.7%22.7%4.7%4.7%Not identifiedNot identifiedNot identified0.2%3.1%
Q1 200564.2%23.1%4.8%4.7%Not identifiedNot identifiedNot identified0.2%3.0%
Q4 200463.3%23.1%5.7%4.6%Not identifiedNot identifiedNot identified0.2%3.1%
Q3 200464.4%22.2%5.8%4.3%Not identifiedNot identifiedNot identified0.2%3.0%
Q2 200464.9%21.8%6.1%4.1%Not identifiedNot identifiedNot identified0.2%3.0%
Q1 200464.7%21.8%6.4%4.0%Not identifiedNot identifiedNot identified0.2%2.9%
Q4 200363.5%23.1%6.1%3.9%Not identifiedNot identifiedNot identified0.2%3.1%
Q3 200364.9%22.7%5.7%3.5%Not identifiedNot identifiedNot identified0.2%3.0%
Q2 200364.7%23.1%5.5%3.5%Not identifiedNot identifiedNot identified0.2%3.0%
Q1 200364.6%22.7%6.1%3.5%Not identifiedNot identifiedNot identified0.2%2.9%
Q4 200264.9%22.9%5.6%3.7%Not identifiedNot identifiedNot identified0.4%2.5%
Q3 200266.7%21.2%5.8%3.6%Not identifiedNot identifiedNot identified0.3%2.5%
Q2 200267.8%20.1%6.2%3.3%Not identifiedNot identifiedNot identified0.3%2.4%
Q1 200270.5%19.0%4.7%3.3%Not identifiedNot identifiedNot identified0.3%2.2%
Q4 200170.8%18.4%5.4%3.1%Not identifiedNot identifiedNot identified0.2%2.1%
Q3 200170.8%18.0%5.7%3.1%Not identifiedNot identifiedNot identified0.3%2.2%
Q2 200171.4%17.2%5.8%3.1%Not identifiedNot identifiedNot identified0.3%2.3%
Q1 200170.7%17.2%5.9%3.4%Not identifiedNot identifiedNot identified0.3%2.5%
Q4 200069.7%17.5%6.6%3.4%Not identifiedNot identifiedNot identified0.3%2.4%
Q3 200070.6%16.4%7.1%3.3%Not identifiedNot identifiedNot identified0.2%2.3%
Q2 200070.7%16.8%6.8%3.3%Not identifiedNot identifiedNot identified0.2%2.2%
Q1 200070.8%16.5%6.0%3.8%Not identifiedNot identifiedNot identified0.3%2.6%