How to read the money-flow map

Each arc on the globe is a corridor: a bilateral banking relationship between two countries, drawn from the Locational Banking Statistics published by the Bank for International Settlements. Heavier, brighter corridors carry larger reported cross-border positions, and the moving particles trace the direction of each relationship.

Countries are shaded by how central they sit in the network: the brighter a country, the more of the world's cross-border banking activity routes through its banks. Drag to rotate the globe and hover a country to inspect the corridors it anchors.

This is the liquidity-graph perspective. Money between countries behaves as a network, not as a list of exchange rates. Reading countries as nodes and corridors as edges makes the structure visible: which routes are deep, which are thin, and where settlement depends on a small set of intermediaries. fxyz applies the same perspective to routing and settling value across currencies and settlement assets.

The corridor data comes from the BIS Locational Banking Statistics, which report cross-border claims and liabilities between national banking systems every quarter. The map shows the latest available reporting quarter, not a live feed. Where reported figures are not yet available, a model-based estimate keeps the picture complete.