Format: YYY/ZZZ

  • First currency is the “base”
  • Second currency is the “counter”
  • Quotes are expressed as the value of unit of the base Currency in term of the

counter currency as following:

  • EUR/USD 1.3790 means 1 EURO = 1.3790 US Dollars
  • GBP/USD 2.0304 means 1 British Pound = 2.0304 US Dollars
  • USD/JPY 108.02 mean 1 US Dollar = 108.02 Japanese Yen