What the Data Shows
Taipei foreign-exchange turnover is split by whether a transaction involved the New Taiwan dollar in July 2025. The two groups reconcile to the official market total of US$1,057.5B. Third-currency pairs accounted for 61.1%, equal to US$645.7B. New Taiwan dollar-linked pairs represented 38.9%, or US$411.8B.
Data table
Unit: percent of total FX turnover · Period: July 2025
| Rank | Entry | Value | Period |
|---|
| 1 | Third-currency pairs | 61.1% | July 2025 |
| 2 | New Taiwan dollar-linked pairs | 38.9% | July 2025 |
Sources
Source 1: Taipei foreign-exchange market composition, July 2025
Publisher: Central Bank of the Republic of China (Taiwan)
Dataset/table: Taipei foreign-exchange market composition, July 2025
Units: percent of total FX turnover
Date checked: 2026-07-18
Evidence: Provides the complete currency-pair distribution needed to separate New Taiwan dollar-linked and third-currency turnover.
Data notes & caveats
Third-currency trading exchanges two currencies other than the New Taiwan dollar. Both groups reconcile to the full July FX market total.
Methodology
NTD/USD and NTD/other-currency turnover were combined as New Taiwan dollar-linked trading. All remaining published currency-pair turnover forms the third-currency group.
Source consistency notes
All inputs use one central-bank release, July 2025, the same US-dollar valuation and complete currency-pair universe.
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