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Based out of Auckland, New Zealand, we bring an institutional trading experience to the retail market.

How to determine the base currency

How to determine the base currency

When looking at a currency pair, the base currency is the first currency quoted. For example, in GBP/AUD, GBP would be the base currency. The currency after the base currency is the quote currency. The notation is how much of the quote currency would you need to get 1 unit of the base currency.