What is the latest figure for China foreign exchange market turnover?

Total turnover stood at 38,726.56 100 million US dollars in Aug 2026. That is −9.1% from Jul 2026 and +14.7% from a year earlier.

How far back does the China foreign exchange market turnover data go?

The series on this page is monthly and runs from Jan 2015 to Aug 2026. Source: State Administration of Foreign Exchange (SAFE) — Statistics. Every series in the table can be charted over its full history and downloaded as CSV or Excel.

What does China's foreign exchange market turnover table measure?

The table measures monthly trading volume in China's onshore foreign exchange market for renminbi against foreign currencies. Released by SAFE, it covers spot transactions, forwards, FX and currency swaps, and options.

How is turnover split between the bank-to-client and interbank markets in China?

China's FX market turnover distinguishes between the bank-to-client market, which sums gross client purchases and sales, and the interbank market, which records bilateral transactions on a one-sided trading volume basis.

Which maturity buckets are reported for China's forward and swap contracts?

For forward contracts and foreign exchange swaps in China, SAFE reports turnover across three standard maturity tenors: up to 3 months, 3 months to 1 year, and over 1 year.

China foreign exchange market turnover

Name: China foreign exchange market turnover
Creator: State Administration of Foreign Exchange (SAFE) — Statistics
License: https://creativecommons.org/licenses/by/4.0/

China foreign exchange market turnover by instrument and structure, published monthly by SAFE.

Source: State Administration of Foreign Exchange (SAFE) — StatisticsLast updated: Oct 15, 2026, 16:52 UTCCurated by Bui Thanh Phuc

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Indicator	08-2026	07-2026	06-2026	05-2026	04-2026	03-2026	02-2026	01-2026	12-2025	11-2025	10-2025	09-2025	08-2025	07-2025	06-2025	05-2025	04-2025	03-2025	02-2025	01-2025	12-2024	11-2024	10-2024	09-2024	08-2024	07-2024	06-2024	05-2024	04-2024	03-2024	02-2024	01-2024	12-2023	11-2023	10-2023	09-2023	08-2023
Spot2	11,290.58	14,823.04	15,133.6	12,994.28	13,484.32	16,198.86	10,256.82	14,846.19	14,783.76	12,447.99	11,640.05	13,882.46	12,842.98	13,252.87	12,418.08	13,136.22	13,262.13	13,243.6	10,751.82	11,059.68	12,327.87	13,207.03	12,055.94	13,548.78	13,851.04	13,111.39	10,058.25	10,988.53	10,407.19	10,725.94	7,338.47	11,721.98	9,951.22	9,101.09	5,686.5	8,137.29	13,387.76
Bank-to-client market2	3,887.62	4,487.28	4,645.94	3,957.1	4,102.5	4,648.96	3,368.86	4,444.36	4,890.41	3,665.61	3,741.6	4,370.18	3,693.67	4,054.21	3,545.52	3,392.99	3,943.69	3,489.78	2,960.22	3,737.66	4,227.78	3,670.06	3,787.9	3,922.62	3,520.61	3,884.97	3,498.21	3,386.54	3,534.73	3,494.38	2,775.45	3,844.12	3,685.88	3,394.61	2,948.18	3,279.95	3,582.67
Purchases of foreign exchange	1,705.69	2,171.64	2,087.57	1,829.18	1,889.1	2,318.58	1,553.68	1,883.95	2,038.73	1,815.67	1,860.53	1,992.29	1,818.85	1,952.65	1,685.64	1,664.17	2,015.04	1,774.41	1,541.5	2,093.55	2,203.72	1,840.33	1,843.71	1,746.6	1,775.06	2,242.81	1,949.33	1,824.04	2,022.58	1,892.64	1,444.1	2,047.95	1,956.59	1,881.69	1,583.96	1,780.31	1,946.09
Sales of foreign exchange	2,181.93	2,315.64	2,558.37	2,127.92	2,213.4	2,330.37	1,815.18	2,560.4	2,851.68	1,849.93	1,881.07	2,377.9	1,874.82	2,101.57	1,859.88	1,728.83	1,928.65	1,715.36	1,418.71	1,644.12	2,024.06	1,829.73	1,944.19	2,176.01	1,745.55	1,642.16	1,548.87	1,562.49	1,512.15	1,601.74	1,331.34	1,796.17	1,729.29	1,512.92	1,364.22	1,499.64	1,636.58
Interbank market	7,402.97	10,335.76	10,487.66	9,037.18	9,381.82	11,549.9	6,887.96	10,401.83	9,893.35	8,782.38	7,898.45	9,512.28	9,149.31	9,198.65	8,872.56	9,743.23	9,318.44	9,753.82	7,791.6	7,322.02	8,100.09	9,536.97	8,268.04	9,626.16	10,330.43	9,226.42	6,560.04	7,601.99	6,872.46	7,231.55	4,563.03	7,877.86	6,265.35	5,706.49	2,738.32	4,857.34	9,805.1
Forward2	919.72	1,030.24	1,086.02	940.07	1,018.08	1,097.02	571.35	903.04	843.61	569.78	533.31	684.45	578.41	734.89	620.06	595.57	615.02	576.17	451.93	584.41	540.12	612.48	567.28	653.57	575.3	590.72	470.05	460.3	509.81	647.06	392.37	542.13	454.57	473.28	291.22	544.14	669.16
Bank-to-client market5	773.38	887.7	951.77	786.71	896.98	882.59	449.7	753.79	693.98	453.07	454.51	508.12	440.73	503.78	448.93	405.47	412.46	390.81	280.7	403.8	383.15	451.39	433.43	535.27	383.72	386.99	330.14	326.45	347.18	387.45	275.79	394.86	355.39	358.14	232.63	367.76	479.26
Purchases of foreign exchange	364.99	467.3	435.06	323.52	414.06	352.37	66.84	180.22	169.66	100.79	105.29	111.84	151.32	149.56	171.13	107.17	133.47	155.4	103.8	225.47	201.61	206.31	178.67	151.42	124.54	187.39	175.18	143.45	182.01	171.02	117.64	144.07	131.22	94.64	73.59	162.79	183.89
Sales of foreign exchange	408.39	420.4	516.71	463.19	482.92	530.22	382.86	573.57	524.32	352.28	349.22	396.29	289.41	354.22	277.8	298.29	278.98	235.4	176.89	178.33	181.54	245.08	254.77	383.85	259.18	199.61	154.96	183	165.17	216.44	158.15	250.79	224.17	263.51	159.04	204.96	295.37
Up to 3 months	520.09	552.72	570.52	488.45	615.35	511.39	251.9	409.35	360.92	276.4	292.93	300.91	287.25	306.51	245.43	242.29	229.59	192.25	155.51	210.37	236.98	250.35	250.19	362.94	252.34	151.22	156.07	157.23	186.99	191.28	152.02	183.95	229.39	209.11	126.04	199.21	257.79
3 months to 1 year	231.02	269.97	290.05	247.37	215.96	309.29	142.6	286.47	290.28	119.45	105.17	152.2	126.6	145.37	182.48	156.35	154.66	163.99	111.14	152.84	118.27	129.17	134.19	156.19	117.59	187.51	138.57	121.58	132.55	159.85	105.98	159.8	105.98	134.03	85.86	142.25	187.17
Over 1 year	22.27	65	91.2	50.89	65.67	61.92	55.2	57.97	42.78	57.21	56.41	55.01	26.88	51.9	21.02	6.82	28.2	34.57	14.05	40.6	27.91	71.87	49.05	16.15	13.79	48.26	35.5	47.65	27.63	36.32	17.79	51.11	20.02	15.01	20.73	26.29	34.31
Interbank market3	146.34	142.54	134.25	153.35	121.1	214.43	121.65	149.25	149.62	116.71	78.8	176.33	137.69	231.11	171.13	190.11	202.56	185.37	171.23	180.61	156.96	161.09	133.85	118.3	191.58	203.73	139.9	133.85	162.63	259.6	116.58	147.27	99.18	115.14	58.59	176.38	189.9
Up to 3 months	96.05	105.99	104.16	107.34	94.81	169.58	82.3	114.96	104.96	91.69	59.31	96.02	94.04	155.43	115.52	102.15	136.41	124.51	101.92	121.64	106.08	91.99	104.53	87.56	152.24	138.25	86.93	76.16	104.94	195.49	76.25	103.81	74.49	87.64	35.82	114.54	152.56
3 months to 1 year	48.13	32.6	26.69	45.41	22.94	42.04	37.48	31.31	42.51	23.08	14.54	77.17	38.66	72.32	54.02	86.21	63.02	58.21	67.84	56.7	47.42	61.03	25.25	29.13	35.93	60.93	51.12	54.88	56.67	59.65	36.56	41.44	19.95	24.27	21.93	58.93	32.18
Over 1 year	2.16	3.95	3.4	0.61	3.35	2.81	1.87	2.98	2.15	1.95	4.95	3.14	4.99	3.36	1.59	1.75	3.13	2.64	1.47	2.27	3.47	8.06	4.07	1.61	3.41	4.55	1.85	2.81	1.03	4.46	3.77	2.03	4.75	3.22	0.84	2.9	5.16
FX and currency swaps2	24,101.02	24,580.48	22,513.53	18,062.9	20,575.99	23,910.16	13,821.81	21,601.08	22,522.23	19,838.26	17,507.76	21,235.29	18,530.96	23,294.67	20,379.55	19,186.42	24,574.49	21,933.07	17,701.19	17,397.02	22,884.83	22,268.55	20,389.23	19,673.45	22,209.42	24,103.5	19,609.92	21,022.71	20,196.09	22,014.87	15,123.93	21,061.99	17,394.09	21,171.71	15,681.56	16,806.71	21,272.77
Bank-to-client market2	712.91	836.2	900.07	791.71	740.33	659.02	379.24	625.6	659.14	578.59	443.38	620.51	476.53	575.43	589.73	562.7	1,036.31	921.44	648.75	690.03	629.6	520.63	443.69	562.46	520.08	535	581.89	440.22	569.33	676.23	476.71	565.42	417.66	452.37	301.81	355.27	304.04
Near leg: foreign currency in	154.53	211.38	149.12	133.77	142.42	161.89	88.41	108.41	132.48	61.15	100.46	178.42	78.12	96.25	96.99	104.54	399.52	317.35	165.72	96.97	89.51	103.96	94.27	121.94	93.7	41.61	71.67	65.99	29.37	31.14	27.19	55.92	51.01	18.16	26.78	33.47	40.52
Near leg: foreign currency out	558.38	624.81	750.95	657.94	597.91	497.12	290.83	517.19	526.66	517.43	342.92	442.09	398.41	479.18	492.74	458.16	636.79	604.09	483.03	593.06	540.09	416.66	349.42	440.51	426.38	493.39	510.22	374.23	539.96	645.09	449.53	509.5	366.64	434.2	275.03	321.8	263.53
Interbank market3	23,388.11	23,744.29	21,613.46	17,271.19	19,835.66	23,251.14	13,442.57	20,975.47	21,863.09	19,259.67	17,064.38	20,614.78	18,054.43	22,719.25	19,789.83	18,623.73	23,538.18	21,011.64	17,052.44	16,706.99	22,255.23	21,747.93	19,945.53	19,110.99	21,689.33	23,568.5	19,028.03	20,582.49	19,626.75	21,338.64	14,647.21	20,496.57	16,976.44	20,719.35	15,379.75	16,451.44	20,968.72
Up to 3 months	22,223.97	22,240.84	20,276.74	16,237.98	18,860.09	21,530.83	12,463.06	19,426.33	19,916.33	18,010.35	15,827.85	18,520.47	16,552.34	19,855.32	17,164.03	16,186.07	20,766.96	18,337.46	14,497.18	14,213.21	19,815.89	18,978.96	17,243.48	16,478.59	19,315.45	20,433.57	16,588.55	17,953.36	16,907.04	18,717.76	12,788.14	17,747.45	15,053.8	18,453.18	13,741.32	15,069.78	19,312.35
3 months to 1 year	1,153.21	1,479.95	1,304.21	1,006.45	958.52	1,693.28	953.15	1,527.74	1,925.29	1,239.2	1,224.2	2,071.74	1,469.72	2,804.92	2,589.46	2,411.13	2,724.12	2,615.73	2,469.83	2,419.7	2,395.3	2,694.08	2,667.93	2,587.13	2,325.81	3,069.96	2,387.55	2,560.6	2,667.56	2,527.28	1,825.52	2,696.57	1,895.64	2,243.46	1,623.82	1,373.71	1,641.76
Over 1 year	10.92	23.5	32.52	26.76	17.04	27.03	26.36	21.4	21.47	10.12	12.33	22.57	32.37	59.01	36.34	26.53	47.11	58.45	85.44	74.08	44.04	74.88	34.12	45.27	48.08	64.97	51.93	68.53	52.15	93.6	33.55	52.55	27	22.71	14.61	7.96	14.61
Options2	2,415.25	2,178.75	2,343.1	1,843.28	1,753.9	2,381.14	1,478.32	1,979.34	1,749.29	1,497.99	1,279.12	2,006.08	1,821.89	2,278.04	2,193.85	1,875.08	1,869.43	1,867.2	1,636.56	2,065.41	1,380.98	1,396.21	1,128.26	1,210.26	1,124.71	1,414.83	1,244.14	1,142.94	1,332.49	1,324.41	875.24	1,391.27	1,108.59	1,256.25	968.73	1,123.2	1,549.06
Bank-to-client market5	956.7	893.14	1,108.26	795.79	603.01	1,058.25	563.17	757.29	524.77	410.11	389.4	739.85	597.53	547.5	538.59	393.27	415.55	458.35	407.28	784.78	425.33	480.44	352.68	535.67	335.5	350.3	371.37	300.6	422.43	413.48	277.67	490.15	267.98	340.77	297.45	451.73	444.28
Options bought	653.21	588.36	753.27	531.19	335.23	662.13	319.89	472.33	272.94	237.77	238.64	460.94	355.84	292.8	337.69	224.06	200.35	271.76	229.98	408.62	209.76	255.86	160.9	273.27	169.51	174.73	203.79	145.98	249.31	233.16	159.42	283.65	148.63	192.6	160.1	287.29	275.26
Options sold	303.5	304.78	354.98	264.6	267.78	396.12	243.28	284.97	251.83	172.34	150.75	278.9	241.68	254.7	200.9	169.21	215.19	186.59	177.3	376.16	215.56	224.58	191.78	262.39	165.99	175.57	167.58	154.62	173.12	180.31	118.26	206.5	119.34	148.17	137.36	164.44	169.01
Up to 3 months	587.48	517.28	704.77	485.46	395.73	760.86	371.88	492.33	324.4	253.83	245.76	533.5	348.5	284.02	371.67	264.32	220.26	314.87	237.27	279.62	190.17	227.15	191.55	378.58	215.39	128.72	156.64	128.14	113.75	194.49	118.76	230.97	157.11	170.7	114.47	178.44	187.99
3 months to 1 year	354.18	360.5	381.07	300.72	195.94	283.04	169.23	248.6	180.68	144.68	133.49	178.97	232.78	250.82	143.04	111.3	160.94	111.52	96.67	402.33	179.4	196.12	132.44	124.34	111.13	195.07	152.08	136.17	266.85	153.69	112.45	203.6	89.14	135.74	141.88	213.02	212.02
Over 1 year	15.04	15.36	22.42	9.61	11.34	14.36	22.06	16.36	19.69	11.61	10.14	27.37	16.24	12.66	23.87	17.64	34.35	31.96	73.34	102.83	55.76	57.18	28.69	32.74	8.98	26.5	62.65	36.28	41.83	65.29	46.47	55.58	21.73	34.34	41.1	60.27	44.27
Interbank market3	1,458.54	1,285.61	1,234.85	1,047.49	1,150.88	1,322.89	915.15	1,222.05	1,224.51	1,087.87	889.73	1,266.23	1,224.36	1,730.54	1,655.26	1,481.81	1,453.88	1,408.85	1,229.28	1,280.63	955.65	915.77	775.59	674.59	789.21	1,064.53	872.77	842.34	910.06	910.93	597.57	901.12	840.62	915.48	671.28	671.47	1,104.78
Up to 3 months	889.21	834.27	814.83	688.88	869.48	940.65	634.44	828.32	694.79	727.3	624.19	890.56	843.74	1,099.39	1,153.77	923.68	835.89	967.01	768.01	711.35	538.57	464.75	415.48	401.6	542.74	620.08	535.67	509.94	576.89	499.72	340.54	499.7	485.63	559.4	378.13	435.15	615.68
3 months to 1 year	569.33	449.32	419.73	358.32	281.25	381.98	280.63	393.73	529.6	359.43	265.53	375.22	380.04	631.15	501.49	557.8	617.96	441.78	461.06	563.18	415.88	449.39	360.11	272.98	245.27	444.17	332.2	330.9	332.97	410.11	255.63	401.32	354.97	353.77	292.14	233.72	489.07
Over 1 year	0	2.02	0.29	0.3	0.16	0.26	0.08	0	0.12	1.15	0	0.45	0.59	0	0	0.33	0.02	0.06	0.21	6.09	1.2	1.64	0	0.01	1.2	0.28	4.9	1.5	0.2	1.1	1.4	0.1	0.02	2.31	1.01	2.6	0.03
Total turnover2	38,726.56	42,612.51	41,076.25	33,840.53	36,832.28	43,587.18	26,128.3	39,329.65	39,898.89	34,354.01	30,960.24	37,808.28	33,774.24	39,560.47	35,611.54	34,793.3	40,321.06	37,620.04	30,541.5	31,106.52	37,133.79	37,484.28	34,140.72	35,086.06	37,760.46	39,220.44	31,382.35	33,614.49	32,445.57	34,712.27	23,730.02	34,717.37	28,908.48	32,002.34	22,628	26,611.33	36,878.75
Bank-to-client market	6,330.61	7,104.32	7,606.04	6,331.31	6,342.82	7,248.81	4,760.97	6,581.04	6,768.3	5,107.37	5,028.88	6,238.66	5,208.45	5,680.93	5,122.76	4,754.42	5,808	5,260.37	4,296.95	5,616.28	5,665.86	5,122.52	5,017.71	5,556.01	4,759.91	5,157.26	4,781.6	4,453.81	4,873.67	4,971.54	3,805.63	5,294.55	4,726.9	4,545.88	3,780.06	4,454.7	4,810.25
Interbank market	32,395.95	35,508.19	33,470.22	27,509.22	30,489.46	36,338.37	21,367.33	32,748.61	33,130.59	29,246.64	25,931.36	31,569.62	28,565.8	33,879.55	30,488.78	30,038.88	34,513.06	32,359.67	26,244.55	25,490.25	31,467.93	32,361.76	29,123.01	29,530.04	33,000.55	34,063.18	26,600.75	29,160.68	27,571.9	29,740.73	19,924.39	29,422.82	24,181.58	27,456.46	18,847.94	22,156.63	32,068.49

Latest reading

The series on this page is monthly and runs from Jan 2015 to Aug 2026. Source: State Administration of Foreign Exchange (SAFE) — Statistics.

About this data

China foreign exchange market turnover by instrument and structure, published monthly by SAFE. Reported in 100 million US dollars, the data track trading volumes across spot, forward, FX and currency swaps, and options. Coverage is split into bank-to-client and interbank markets, with maturities up to 3 months, 3 months to 1 year, and over 1 year. Compiled by the State Administration of Foreign Exchange (SAFE), monthly records are available since 2015.

Frequently asked questions

What is the latest figure for China foreign exchange market turnover?: Total turnover stood at 38,726.56 100 million US dollars in Aug 2026. That is −9.1% from Jul 2026 and +14.7% from a year earlier.
How far back does the China foreign exchange market turnover data go?: The series on this page is monthly and runs from Jan 2015 to Aug 2026. Source: State Administration of Foreign Exchange (SAFE) — Statistics. Every series in the table can be charted over its full history and downloaded as CSV or Excel.
What does China's foreign exchange market turnover table measure?: The table measures monthly trading volume in China's onshore foreign exchange market for renminbi against foreign currencies. Released by SAFE, it covers spot transactions, forwards, FX and currency swaps, and options.
How is turnover split between the bank-to-client and interbank markets in China?: China's FX market turnover distinguishes between the bank-to-client market, which sums gross client purchases and sales, and the interbank market, which records bilateral transactions on a one-sided trading volume basis.
Which maturity buckets are reported for China's forward and swap contracts?: For forward contracts and foreign exchange swaps in China, SAFE reports turnover across three standard maturity tenors: up to 3 months, 3 months to 1 year, and over 1 year.