Exchange Currency

base currency

The first currency in a currency pair. In a currency exchange, the exchange rate is quoted as the units of one currency in terms of a single unit of a base currency. For example, in a currency exchange of U.S. dollars for Japanese Yen, the base currency is the U.S. dollar.

Related information about base currency:
  1. Base Currency Definition | Investopedia
    The first currency quoted in a currency pair on forex. It is also typically considered the domestic currency or accounting currency. For accounting purposes, a firm ...
     
  2. Currency pair - Wikipedia, the free encyclopedia
    The currency that is used as the reference is called the counter currency or quote currency and the currency that is quoted in relation is called the base currency ...
     
  3. What is base currency? definition and meaning
    Definition of base currency: The first currency in a currency pair. In a currency exchange, the exchange rate is quoted as the units of one currency in terms of a ...
     
  4. Base Currency - Financial Dictionary - The Free Dictionary
    Applies mainly to international equities. Currency in which gains or losses from operating an international portfolio are measured.
     
  5. Base Currency | IB Knowledge Base
    The term Base Currency is used for accounting purposes to refer to the currency in which an investor maintains its book of accounts. For purposes of an IB ...
     
  6. Account Configuration - Base Currency -
    Interactive Brokers account types, ira classes, and base currency.
     
  7. Base Currency
    The Base Currency page lets you modify the base currency for your account. Your base currency determines the currency of translation for your statements, the ...
     
  8. Base Currency - IB Knowledge Base
    IB offers market venues and trading platforms which are directed towards both forex-centric traders as well as traders whose occasional forex activity originates ...