Variable currency: Difference between revisions

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* [[Base currency]]
* [[Base currency]]
* [[FCU]]
* [[FCU]]
* [[Variable]]




== Other resources ==
== Other resources ==
[[Media:June_16_TT_Base_jumper.pdf| Base jumper - applying variable and base currencies, The Treasurer]]
[[Media:June_16_TT_Base_jumper.pdf| Base jumper - applying variable and base currencies, The Treasurer]]
[[Category:The_business_context]]
[[Category:Manage_risks]]

Latest revision as of 13:33, 11 August 2021

The variable currency in a foreign exchange quotation is the currency which there is a variable number of.

For example in the quotation GBP/USD 1.4600 or 1 GBP = 1.4600 USD, the variable currency is USD; meaning the variable number 1.4600 US dollars is exchanged for one British pound.


Also known as the Terms currency or the Underlying currency.


See also


Other resources

Base jumper - applying variable and base currencies, The Treasurer