How to determine the base currency

by Jun 29, 2020Trading Guides

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.

 

 

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