bázisvalutára

Bázisvalutára refers to the currency in which an exchange rate is quoted. In a currency pair, for example, EUR/USD, the euro (EUR) is the bázisvalutára. This means that the exchange rate indicates how many US dollars (USD) are needed to buy one euro. The bázisvalutára is the base unit of the transaction, while the quote currency is the counter unit. When you see an exchange rate, the first currency listed is always the bázisvalutára.

Understanding the bázisvalutára is crucial for foreign exchange trading and international finance. It helps traders and investors determine the value of one currency relative to another. For instance, if the EUR/USD exchange rate is 1.10, it signifies that 1 euro is equivalent to 1.10 US dollars. This indicates that the euro is stronger than the US dollar in this particular quote. Conversely, if the quote was USD/EUR at 0.91, it would mean that 1 US dollar is equivalent to 0.91 euros, implying the US dollar is weaker. The bázisvalutára is fundamental to interpreting and executing currency trades accurately.