What Are Crypto Trading Pairs?
— Euro, Exchange rate, Cost, Foreign exchange rate, Crypto, Us104, Eur, Traveler would research, May 12, 1 euro — 1 min read
Let’s say an American traveler would research the exchange rate of the euro against the U.S. dollar to help budget the trip and understand the cost of things in France. The foreign exchange rate for the trading pair of EUR/USD on May 12, 2022, would have been about US$1.04 for 1 euro. So to get 1 euro, it would take $1.05 for 1 dollar to get the euro, which would have cost US$2.04. To get a euro, the price of 1 euro in France would have gone from US$0.04 to $0.05 in May 2022, which is about $2.05 per dollar. The exchange rate is about 1 euro per euro. Source