diff --git a/app/scripts/controllers/metametrics.js b/app/scripts/controllers/metametrics.js
index d815607d27e8..d799249bb71b 100644
--- a/app/scripts/controllers/metametrics.js
+++ b/app/scripts/controllers/metametrics.js
@@ -837,6 +837,7 @@ export default class MetaMetricsController {
         metamaskState.useTokenDetection,
       [MetaMetricsUserTrait.UseNativeCurrencyAsPrimaryCurrency]:
         metamaskState.useNativeCurrencyAsPrimaryCurrency,
+      [MetaMetricsUserTrait.CurrentCurrency]: metamaskState.currentCurrency,
       ///: BEGIN:ONLY_INCLUDE_IF(build-mmi)
       [MetaMetricsUserTrait.MmiExtensionId]: this.extension?.runtime?.id,
       [MetaMetricsUserTrait.MmiAccountAddress]: mmiAccountAddress,
diff --git a/shared/constants/metametrics.ts b/shared/constants/metametrics.ts
index daec305bfb11..0ad1bc9e1deb 100644
--- a/shared/constants/metametrics.ts
+++ b/shared/constants/metametrics.ts
@@ -468,6 +468,10 @@ export enum MetaMetricsUserTrait {
   MmiIsCustodian = 'mmi_is_custodian',
   ///: END:ONLY_INCLUDE_IF
   PetnameAddressCount = 'petname_addresses_count',
+  /**
+   * Identified when the user selects a currency from settings
+   */
+  CurrentCurrency = 'current_currency',
 }
 
 /**
@@ -514,6 +518,7 @@ export enum MetaMetricsEventName {
   BridgeLinkClicked = 'Bridge Link Clicked',
   BitcoinSupportToggled = 'Bitcoin Support Toggled',
   BitcoinTestnetSupportToggled = 'Bitcoin Testnet Support Toggled',
+  CurrentCurrency = 'Current Currency',
   DappViewed = 'Dapp Viewed',
   DecryptionApproved = 'Decryption Approved',
   DecryptionRejected = 'Decryption Rejected',
diff --git a/ui/pages/settings/settings-tab/settings-tab.component.js b/ui/pages/settings/settings-tab/settings-tab.component.js
index 45407ece008d..d798b62f77ba 100644
--- a/ui/pages/settings/settings-tab/settings-tab.component.js
+++ b/ui/pages/settings/settings-tab/settings-tab.component.js
@@ -119,7 +119,16 @@ export default class SettingsTab extends PureComponent {
               id="select-currency"
               options={currencyOptions}
               selectedOption={currentCurrency}
-              onChange={(newCurrency) => setCurrentCurrency(newCurrency)}
+              onChange={(newCurrency) => {
+                setCurrentCurrency(newCurrency);
+                this.context.trackEvent({
+                  category: MetaMetricsEventCategory.Settings,
+                  event: MetaMetricsEventName.CurrentCurrency,
+                  properties: {
+                    current_currency: newCurrency,
+                  },
+                });
+              }}
             />
           </div>
         </div>