Base Currency

The term “base currency” is widely used in forex trading. In currency trading (Forex), the base currency is the first currency in a currency pair.

Example: In the CHF/EUR currency pair, the Swiss franc (CHF) is the base currency, while the euro (EUR) is the quote currency (or counter currency).

More on this topic:
What is a counter or quote currency?
Online broker comparison: get free quotes now
Comparison of forex brokers in Switzerland

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