cookie

This site uses cookies to provide you with a great user experience. By visiting monetamarkets.com, you accept our cookie policy.

Allow all

Currency Pair

BBack

Back to Glossary

Description

A forex rate expressed as the value of one currency against another, e.g., EUR/USD.

A currency pair is the quotation of two different currencies, with the value of one expressed in terms of the other, e.g., EUR/USD. This pair’s exchange rate is pivotal in forex trading, reflecting relative currency strength.

Start Trading in 3 Simple Steps

1
REGISTER

Open a live account and start trading in just minutes.

2
FUND

Fund your account using a wide range of funding methods.

3
TRADE

Access 1000+ instruments across all asset classes

open chat
close chat