Forex rates – currency pairs

Introduction

Get the current forex currency pair prices on this page. We have live rates for all the major, minor and exotic currency pairs, continually updating so you have up-to-date information at your fingertips.

This page offers you the latest live rates in the currency market so that you may compare all of the pairs values at any time of day. Browse at the table below for the latest exchange rates, or keep reading to learn more about what to look out for and how to use it.

What are forex rates?

The current market rate at which any currency pair is open for trading. The format used to list forex prices is USD/GBP, where USD stands for the “base” currency and GBP for the “quote” currency. The price simply denotes the amount of ‘quote’ currency (in this case, GBP) you must exchange for a unit of ‘base’ currency (USD).

All of the currency pairs that are currently accessible for trading are listed in this rates table. This implies that regardless of how you choose to trade forex, you can locate all of the major, minor, or exotic pairs.

How do the rates work?

By presenting a live ‘bid’ and ‘ask’ price for each pair, together with any change in price from the previous day. Bid and ask merely represent the price at which you can purchase and sell, respectively. The difference between the two is known as the ‘spread’ and it exists because that is how forex brokers make their money – by adding a little fee on top of the market rate.

These prices are drawn from the live interbank rate, which is the value at which banks deal with each other. The price you pay with a broker is likely to be a little bit higher than what you see in the table, however exactly how different varies on the platform.

Why do I need to follow the live rates?

It’s the greatest method to track your favorites currencies and to understand how current events are affecting their price in real time. It’s a good idea to use them alongside a currency calendar, where you can find out about any economic or country-specific data that has been issued today.

By integrating the two, you can track how different market events and financial news influences different currency pairs. Such knowledge can then inform your trading approach, giving you insight into what to be prepared for and how to bet on price changes ahead of future data releases.

Where can I learn more about forex?

Forex ratings is jam-packed with information to assist you get started in foreign exchange. Learn how to invest in forex with our range of guides to each currency pair, or follow the latest forex news and analysis to see what’s affecting the market right now. Or, consider one of the finest forex trading classes for a 

step-by-step guide on how it all works.

Main Forex Rates