Definition of Currency Pair
Two currencies quoted together showing the exchange rate between them. The first is the base currency and the second is the quote currency. Example: EUR/USD = 1.1000 means 1 euro costs 1.10 US dollars.
At a glance
Term
Currency Pair
URL slug
currency-pair
Category
Pricing & quotes
Short answer
Two currencies quoted together showing the exchange rate between them.
Deep dives
/guide/currency-pairs/, /tools/pip-value-calculator/
Example
Apply the definition: restate “Currency Pair” in one sentence tied to your next trade (symbol, direction, size, stop). If you cannot, re-read the definition above.
Common mistake
Common mistake: using “Currency Pair” as loose slang while your broker/platform specification defines it more narrowly.
Professional tip
Tip: bookmark this “Currency Pair” page and reopen it when reading broker specs so definitions stay consistent.
Related deep dives
Practice tools:
Related terms
FAQ
Two currencies quoted together showing the exchange rate between them.
Knowing the precise definition of “Currency Pair” prevents platform and broker-spec mistakes—a common source of size and cost errors.
Common mistake: using “Currency Pair” as loose slang while your broker/platform specification defines it more narrowly.