---
title: What is a Base Currency?
description: The Base currency is the first currency quoted in a currency pair. For example, in the GBP/CHF pair, the Base currency would be the GBP.
url: "https://ms.wmmarkets.com/knowledge-base/trading/what-is-a-base-currency/"
updated: "2024-10-09"
category: Trading
---

# What is a Base Currency?

The Base currency is the first currency quoted in a currency pair. For example, in the GBP/CHF pair, the Base currency would be the GBP.