quotevaluuttaa
Quotevaluutta is a term that refers to the second currency in a currency pair on the foreign exchange market. When looking at an exchange rate, such as EUR/USD, the first currency (EUR) is the base currency, and the second currency (USD) is the quote currency. The quote currency represents the value of one unit of the base currency. For example, if the EUR/USD exchange rate is 1.10, it means that one Euro is worth 1.10 US Dollars.
In the context of trading, the quote currency is the one you are buying or selling when
Understanding the roles of the base and quote currencies is fundamental for anyone involved in foreign exchange