Recent Developments and the Causes of Globalization for the Chinese Yuan Based on Statistical Analysis

Table 1

RMB as an international payment currency.

Time	Ranking of RMB as an international payment currency	Proportion (%)
Oct. 2010	35
Oct. 2011	17	0.29
Oct. 2012	16	0.42
Oct. 2013	12	0.84
Oct. 2014	7	1.59
Oct. 2015	5	1.92
Oct. 2016	6	1.67
Oct. 2017	7	1.46
Oct. 2018	6	1.7
Oct. 2019	6	1.65
Oct. 2020	6	1.66
Oct. 2021	5	1.85
July. 2022	5	2.20

Source: http://www.swift.com.