BASE/QUOTE, for example EUR/USD (euro vs. U.S. dollar). The base currency is the first one, and the quote currency is the second. The price of the pair shows how much of the quote currency is needed to buy one unit of the base. For example, EUR/USD = 1.10 means 1 EUR = 1.10 USD. All currency trades involve a pair (you buy one and sell the other simultaneously).
Currency Pair
Currency Pair - The quotation of two currencies traded in forex. It is written as