How to Read Currency Pairs: Forex Quotes Explained
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:max_bytes(150000):strip_icc()/Forex_Money_for_Exchange_in_Currency_Bank-8969537b771b43279fd1350b1d0447aa.jpg "Why Isn't the EUR/USD Currency Pair Quoted as USD/EUR?")
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BabyPips - When buying, the exchange rate tells you how much you have to pay in units of the quote currency to buy ONE unit of the base currency. In the example
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How to Read Currency Pairs: Forex Quotes Explained
