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Base Currency

   Also found in: Wikipedia 0.06 sec.
Base Currency
The first currency quoted in a currency pair on forex. It is sometimes referred to as the primary currency.

Notes:
For example, if you were looking at the CAD/USD currency pair, the Canadian dollar would be the base currency and the US dollar would be the quote currency.

Base currency
Applies mainly to international equities. Currency in which gains or losses from operating an international portfolio are measured.
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The local expenses are converted into the base currency for organization-wide analysis, planning and management.
Avotus[R] Corp by Financial Executive
Cross correlations is caused by the common components induced by the numeraire country's base currency and price index.
Real exchange rate stationarity in developing countries a new panel ... by Hassanain, K. / Journal of Academy of Business and Economics
If an investment is denominated in a currency other than your base currency, changes in the rate of exchange may have an adverse effect on value, price or income.
Sagio Asset Management Announces Investment Opinion on PALM, Inc.; ... by Business Wire
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