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Think of currency pairs like a price tag in a foreign shop. The base currency is the item you're "buying," and the quote currency is the price you're paying.
For example, in EUR/USD, the Euro is the base (the item) and the US Dollar is the quote (the price). If EUR/USD is 1.10, it means 1 Euro costs 1.10 US Dollars. Simple, right? The base always comes first, and the quote tells you its price.
What else can I help you with?
What is difference between direct qoute and indirect quote in Forex?
1$=Rs. 55 consider above example when the left hand currency in the quote is forrien currency than it is said to be direct quote and if the left hand currency is home currency than quote is said to be indirect. in above example we can say it is a direct quote in the point of view of India and can say indirect quote for US.
Whats the difference between shopping for clothes today and shopping for clothes after world war 2?
I think the shipping is depend on how much the goods, the destination you receive as well as the quote of express company.
What is the difference between a quote and estimate?
An Estimate is what someone thinks it will cost. A Quote is a fixed price to get the job done.
What is the difference between indirect and direct quote life insurance?
The difference between indirect and direct quote life insurance is that the insurance level will differ. Direct is when someone dies, indirect involves other factors.
What was King Arthur's famous quote to his knights?
whats the quote that goes with catching the sword
What is the difference between quote and reply?
a quote is something a person eg " you should live life large". And a reply is an answer to a question. hope that helps bye.
How are prices established in the foreign exchange market?
The rates are quoted in two ways: A direct exchange rate (or direct quote) is the price of the foreign currency in terms of the home currency; and Indirect exchange rate (or indirect quote) is the price of the home currency in terms of the foreign currency.
What currency are internet prices in?
They can be in any currency. - A UK website will usually quote prices in British pounds - A French website will quote prices in Euros - An Australian website will quote prices in Australian Dollars. Many websites which sell to more than one country, for example airlines, will give you a choice of which currency the prices are in, and will charge you in whatever currency you choose.
The only difference between ordinary and extraordinary is that little extra What movie is this quote from?
The quote is from the movie "Waiting..." with Ryan Reynolds, Justin Long and Dane Cook.
Whats a good aunt quote?
"Don't talk to your mother like that!"
The difference between an indirect and direct quote?
A direct quote is a quote that you take from another source. You must put this in quotation marks and give a reference in parenthesis after the quote. An indirect quote is when somebody else's idea or data is taken and paraphrased. For this, quotation marks are not needed, but it still needs to be cited.
What is the meaning of this quote from romeo and Juliet what must be shall be?
It means that whats meant to happen will
