Why has the use of the euro as a settlement currency declined over the past decade?

According to SWIFT data, the euro's share of global payments has decreased by 6.83% since 2014, indicating a significant decline in its usage for international settlements. Factors contributing to this decline may include geopolitical shifts, currency preferences, and the rise of other dominant currencies like the US dollar.

What is the current percentage of global payments using the euro according to SWIFT?

As of the latest data, only 22.29% of global payments employ the euro as a settlement currency, reflecting its reduced role in international transactions over the last decade.

How does the euro's decline compare to other currencies on SWIFT charts?

The euro has experienced a notable decline in SWIFT share, while the US dollar continues to thrive and dominate the international payment landscape. The data suggests a shift in currency preferences, with the dollar maintaining its leading position in global transactions.

Euro Usage Tanks, Leading Decline Among Currencies On SWIFT Over The Last 10 Years

Bitcoin TradingOctober 19, 2026

Euro Usage Tanks, Leading Decline Among Currencies on SWIFT Over the Last 10 Years

According to data released by SWIFT, the use of the euro as a settlement currency for international payments has fallen significantly. Its utilization share has decreased by 6.83% compared to 2014, with only 22.29% of global payments employing it. Euro Tanks, Dollar Thrives in Swift Share Charts The future seems bleak for the euro, as […]

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