alapvalutáért
Alapvalutáért is a Hungarian term that translates to "base currency" in English. It refers to the standard currency against which a country's foreign exchange rate is measured. When looking at exchange rates, such as USD/EUR, the first currency listed, USD in this example, is the base currency. The exchange rate then indicates how much of the second currency, the quote currency (EUR in this case), is needed to purchase one unit of the base currency.
Understanding the base currency is crucial in foreign exchange markets, international trade, and currency exchange. It
The selection of a base currency for a particular country or economic region is often influenced by