US Dollar Share in SWIFT Payments Reaches Record 51.1% in March
The US Dollar's share of international payments through SWIFT increased to a record 51.1% in March, up 1.9 points from the previous month, according to @KobeissiLetter. This marks a 13-point rise since 2022. The Euro accounts for about 21% of such payments.
en.mercopress.comThe share of the US Dollar in international payments processed via SWIFT rose by 1.9 percentage points in March to reach 51.1%, according to a report from @KobeissiLetter. This level represents a record high for the currency's dominance in the system. Since 2022, the US Dollar's share has increased by 13 percentage points overall, the report stated.
comparison, the Euro represents approximately 21% of SWIFT payments, @KobeissiLetter reported. The report did not provide details on other currencies following the Euro in share.
The report noted this rise occurred amid ongoing conflict involving Iran. SWIFT is a global messaging network used by banks for international transactions. The data reflects transactions in March 2026, based on the current date of April 25, 2026.
Key Facts
Story Timeline
2 events- March 2026
US Dollar share in SWIFT payments rose 1.9 points to 51.1%.
1 source@KobeissiLetter - Since 2022
US Dollar share in SWIFT payments has risen 13 points overall.
1 source@KobeissiLetter
Potential Impact
- 01
Increased US Dollar dominance could affect global trade settlement preferences.
- 02
Ongoing conflict may sustain upward trend in US Dollar usage.
- 03
Euro's lower share may influence European financial transaction volumes.
Transparency Panel
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