Currency exchange rates play a fundamental role in global finance, international trade, and even everyday transactions. They affect everything from the price of imported goods at your local store ...

Whether you’re planning a vacation, running an international business, or investing internationally, understanding how to calculate and interpret foreign exchange rates is an essential skill.

How to read a foreign exchange quote A foreign exchange pair is made up of two parts. The "base currency" is listed first. The "quote currency" is listed second. Thus, in the case of EUR/USD, the ...

Learn how to interpret a foreign exchange quote and how to think about gains and losses -- with examples.