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Quote currency - Financial definition

Tags: 
Translations:      FR  devise cotée (n.f.) , devise de cotation (n.f.)     ES  divisa de cotización (n.f.) , moneda cotizada (n.f.)     DE  Kurswährung (n.f.) , Notierungswährung (n.f.) 
Synonyms:  price currency, quoted currency, counter currency

Concise definition of the term quote currency

In a foreign exchange rate quotation, the quote currency is the currency the price of the base currency is expressed in. By convention it is the second currency in a currency pair.

Comprehensive definition of the term quote currency

In the currency quotation EUR/USD 1.2161, EUR would be the base currency, and USD would be the quote currency.

Additional information related to this definition

Definition of related term

Base currency

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