Base currency
Updated 2026-09-20
Definition
The first currency in a pair: the price shows how many units of the quote currency you need to buy one.
Why it matters
In EUR/USD the euro is the base currency. Buying the pair means buying the base and selling the quote.
Practical example
EUR/USD = 1.1000: one euro costs 1.10 dollars.
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Educational content, not financial advice. Trading involves risk.