Päävaluutat

Päävaluutat, often translated as "major currencies," refers to the most actively traded and widely used currencies in the global foreign exchange market. These currencies are typically issued by developed economies with stable political and economic systems. The most prominent among these are the United States Dollar (USD), the Euro (EUR), the Japanese Yen (JPY), the British Pound Sterling (GBP), the Swiss Franc (CHF), the Canadian Dollar (CAD), and the Australian Dollar (AUD).

The trading volume of päävaluutat is significantly higher than that of other currencies, making them highly liquid. This liquidity means that large transactions can be executed quickly and with minimal impact on the price. Due to their widespread use, these currencies are often used as benchmarks for pricing other financial assets and for international trade and investment. Central banks of countries issuing these currencies play a crucial role in managing their value through monetary policy. Fluctuations in the exchange rates of päävaluutat can have significant ripple effects on the global economy.