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What are the Base and Quote Currencies?

Analytic Dave

May 26, 2022

In a forex pair, the Base Currency is the 1^st currency. On the other hand, the Quote currency is the 2^nd currency in the pair. For example, in EUR/USD, EUR (Euro) is the base currency while USD (US Dollar) is the Quote Currency.

Analytic Dave

AnalyticalDave is a personal financial analysis portfolio that captures my Derivatives trading, stock, and investing journey. My portfolio does NOT act as a financial advisor to any community. It is only purposed for journaling my story as a self-taught trader and investor.

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