Following Follow this topic Unfollow Follow this topic Base Currencies ...more info The Base Currency also referred to as the "primary currency", is the first currency listed in a currency cross or pair. It is either the domestic currency or the dominant forex currency. Some firm, for accounting reasons, chooses to use the base currency to represent all profits and losses. I.e. If you were looking at the CADUSD currency pair, the Canadian dollar would be the base currency and the U.S. dollar would be the quote currency. Sign up to comment Characters left: Attach images or documents You can only attach a maximum of 10 images Browse... Tag your Squawks to reach a wider audience. Close Say it now! Show next 3 calender events Be the first to write a squawk about Base Currencies by typing into the box above.