IPFS News Link • Currencies
Here's How Reserve Currencies Have Evolved Over 120 Years
• https://www.zerohedge.com by Tyler DurdenFor example, in the year 1900, the U.S. dollar and pound sterling made up 0% and 62% of global reserves respectively. But, fast forward to 2020, and Visual Capitalist's Aran Ali notes, the pound now represents just 4.7% of global currency reserves, while the U.S. dollar stands at nearly 60%.
Today's motion graphic from James Eagle looks at the year-over-year change in currency reserves as a portion of total reserves, spread across 120 years.
For example, in the year 1900, the U.S. dollar and pound sterling made up 0% and 62% of global reserves respectively. But, fast forward to 2020, and Visual Capitalist's Aran Ali notes, the pound now represents just 4.7% of global currency reserves, while the U.S. dollar stands at nearly 60%.
Today's motion graphic from James Eagle looks at the year-over-year change in currency reserves as a portion of total reserves, spread across 120 years.