Source: IMF COFERQ4 2025
🇨🇦
Canadian Dollar
CAD Reserve Currency
2.49%Global Share
$327.2BTotal Amount
-0.11ppQoQ Change
The Canadian Dollar has steadily grown as a reserve currency, reflecting Canada's economic stability and resource wealth. At approximately 2.5%, it has become one of the beneficiaries of reserve diversification away from the US Dollar, similar to the Australian Dollar.
Year over Year
+4.9%
GrowingAmount change YoY
5-Year Trend
+0.39pp
GrowingShare change since 2020
Rank
#7
of 8 currenciesBy reserve share
Reserve Holders
9
reporting countriesKnown major holders
CAD Historical Trend
Share of global reserves, 2015-2025
Top CAD Reserve Holders
| # | Country | Estimated Holdings | Share of CAD Reserves |
|---|---|---|---|
| 1 | 🇨🇳China | 18.9% | |
| 2 | 🇯🇵Japan | 15.9% | |
| 3 | 🇨🇭Switzerland | 13.8% | |
| 4 | 🇮🇳India | 11.6% | |
| 5 | 🇭🇰Hong Kong | 8.6% | |
| 6 | 🇰🇷South Korea | 7.6% | |
| 7 | 🇸🇬Singapore | 6.7% | |
| 8 | 🇧🇷Brazil | 5.5% | |
| 9 | 🇷🇺Russia | 4.6% |
Frequently Asked Questions
How has the Canadian Dollar grown as a reserve currency?
The Canadian Dollar has grown from about 1.8% to 2.5% of global reserves over the past decade, benefiting from Canada's economic stability and the broader trend of reserve diversification.