---
title: What is a Term / Quote Currency?
description: The Term or Quote currency is the second currency quoted in a currency pair. For example, in the EUR/USD pair, the Term/Quote currency would be the USD.
url: "https://ms.wmmarkets.com/knowledge-base/trading/what-is-a-term-quote-currency/"
updated: "2024-10-09"
category: Trading
---

# What is a Term / Quote Currency?

The Term or Quote currency is the second currency quoted in a currency pair. For example, in the EUR/USD pair, the Term/Quote currency would be the USD.