China's yuan has surpassed the Swiss franc to become the seventh most-used currency in the world in January, according to global transaction services organization SWIFT. This is the third consecutive month when the currency has been ranked among the 10 most-used currencies.

 

It has a global market share of 1.39 percent, followed closely by the Swiss franc at 1.38 percent. Let's have a look at the 10 most-used currencies in the world market.

 

No 1 US dollar

No 2 European euro

No 3 UK pound sterling

No 4 Japanese yen

No 5 Canadian dollar

No 6 Australian dollar

No 7 Chinese yuan

No 8 Swiss franc

No 9 Singapore dollar

No 10 Hong Kong dollar