Euro
EUR Reserve Currency
The Euro, introduced in 1999, quickly became the second most important reserve currency after the US Dollar. Its share has remained remarkably stable around 20% for the past decade, reflecting both the eurozone's economic weight and structural limitations. It is followed by the Japanese Yen and British Pound in the reserve currency hierarchy.
Year over Year
+2.0%
GrowingAmount change YoY
5-Year Trend
+0.37pp
GrowingShare change since 2020
Rank
#2
of 8 currenciesBy reserve share
Reserve Holders
16
reporting countriesKnown major holders
EUR Historical Trend
Share of global reserves, 2015-2025
Top EUR Reserve Holders
| # | Country | Estimated Holdings | Share of EUR Reserves |
|---|---|---|---|
| 1 | 🇨🇭Switzerland | 11.7% | |
| 2 | 🇨🇳China | 10.9% | |
| 3 | 🇯🇵Japan | 10.5% | |
| 4 | 🇷🇺Russia | 7.3% | |
| 5 | 🇮🇳India | 6.4% | |
| 6 | 🇹🇼Taiwan | 5.4% | |
| 7 | 🇰🇷South Korea | 4.7% | |
| 8 | 🇭🇰Hong Kong | 4.1% | |
| 9 | 🇧🇷Brazil | 3.6% | |
| 10 | 🇸🇬Singapore | 3.4% |
Frequently Asked Questions
What is the Euro share in global reserves?
The Euro represents approximately 20.25% of global foreign exchange reserves, making it the second most held reserve currency after the US Dollar.
Has the Euro gained as a reserve currency?
The Euro share has been remarkably stable around 20% for the past decade. While it has not significantly gained share, it has maintained its position as the clear second choice for reserves.