How foreign currencies are quoted and priced (MODUL 2-1)

How are foreign currencies quoted and price?

Now let’s take a look at how foreign currencies are quoted and priced. Currencies are designated by three-letter symbols. The standard symbols for some of the most commonly traded currencies are shown below.


EUR
Euro

USD
United States dollar

CAD
Canadian dollar

GBP
British pound

JPY
Japanese yen

AUD
Australian dollar

CHF
Swiss franc

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