Volatility
Most volatile currencies
Annualised volatility of daily moves against the US Dollar, over the last 12 months.
Data as of 2026-07-30.
| # | Currency | Volatility (annualised) |
|---|---|---|
| 1 | XA XAG Silver (troy oz) | 66.4% |
| 2 | BC BCH Crypto Bitcoin Cash | 56.6% |
| 3 | ET ETH Crypto Ethereum | 55.2% |
| 4 | XP XPD Palladium (troy oz) | 54.7% |
| 5 | XP XPT Platinum (troy oz) | 53.7% |
| 6 | XR XRP Crypto XRP | 53.3% |
| 7 | LT LTC Crypto Litecoin | 52.3% |
| 8 | BT BTC Crypto Bitcoin | 36.1% |
| 9 | XA XAU Gold (troy oz) | 27.5% |
| 10 | ZA ZAR Fiat South African Rand | 11.5% |
| 11 | HU HUF Fiat Hungarian Forint | 11.2% |
| 12 | SE SEK Fiat Swedish Krona | 9.2% |
| 13 | IL ILS Fiat Israeli Shekel | 9.1% |
| 14 | KR KRW Fiat South Korean Won | 8.8% |
| 15 | NO NOK Fiat Norwegian Krone | 8.4% |
| 16 | NZ NZD Fiat New Zealand Dollar | 8.2% |
| 17 | AU AUD Fiat Australian Dollar | 7.8% |
| 18 | TH THB Fiat Thai Baht | 7.6% |
| 19 | PL PLN Fiat Polish Zloty | 7.5% |
| 20 | JP JPY Fiat Japanese Yen | 7.4% |
| 21 | MX MXN Fiat Mexican Peso | 7.4% |
| 22 | CH CHF Fiat Swiss Franc | 6.7% |
| 23 | CZ CZK Fiat Czech Koruna | 6.7% |
| 24 | GB GBP Fiat British Pound | 6.4% |
| 25 | RO RON Fiat Romanian Leu | 6.2% |
| 26 | DK DKK Fiat Danish Krone | 5.6% |
| 27 | EU EUR Fiat Euro | 5.6% |
| 28 | IN INR Fiat Indian Rupee | 5.3% |
| 29 | CA CAD Fiat Canadian Dollar | 4.1% |
| 30 | SG SGD Fiat Singapore Dollar | 3.7% |
| 31 | CN CNY Fiat Chinese Yuan | 2.2% |
| 32 | TR TRY Fiat Turkish Lira | 1.5% |
| 33 | HK HKD Fiat Hong Kong Dollar | 0.9% |
How this is calculated
Volatility is the standard deviation of daily logarithmic returns of each currency's US-Dollar value over the past year, annualised by multiplying by the square root of 252 trading days, and shown as a percentage. Crypto assets typically sit at the top; major fiat currencies at the bottom.