valutaárfolyampárok

Valutaárfolyampár is the Hungarian term for currency pair. It represents the value of one currency in relation to another. In the foreign exchange market, currencies are always traded in pairs. For example, EUR/USD signifies the exchange rate between the Euro and the US Dollar, indicating how many US Dollars are needed to buy one Euro. The first currency in the pair is called the base currency, and the second is called the quote currency or counter currency. The exchange rate tells you the value of the base currency in terms of the quote currency.

When the exchange rate of a valutaárfolyampár increases, it means the base currency has strengthened against the quote currency. Conversely, a decrease in the exchange rate signifies a weakening of the base currency. Traders and investors use these valutaárfolyampárok to speculate on future currency movements or to hedge against potential losses. The most commonly traded valutaárfolyampárok are known as major pairs, which typically involve the US Dollar and include currencies like the Euro, Japanese Yen, British Pound, and Swiss Franc. Minor pairs involve currencies from developed economies that do not include the US Dollar, while exotic pairs consist of one major currency and one currency from an emerging market. The fluctuations in valutaárfolyampárok are influenced by a multitude of economic, political, and social factors.