Breaking News
Home / Technical / Forex Rate | Foreign Exchange Rate | Open Market Currency Rate
First Coin

Forex Rate | Foreign Exchange Rate | Open Market Currency Rate

Forex rate in currency pairs with prominent order

Therefore In today’s class, I will teach you forex rate in prominent order in currency pairs.

and therefore all of you will be able to know what are they and how they are created by ISO code as well.

So Each currency of the country is given a three-letter code as set out by the International Standards Organization (ISO) and governed by the ISO 4217.


while The eight most commonly traded currencies are.

Major Currencies available for MT4 Platform.

1. USD (U.S. dollar)
2. EUR (Euros)
3. GBP (Great Britain pound)
4. AUD (Australian dollar)
5. JPY (Japanese yen)
6. CHF (Swiss franc)
7. CAD (Canadian dollar)
8. NZD (New Zealand dollar).

forex rate-urdu forex training

even you maybe question arise in mind that how ISO created forex rate in prominent order.

and which method they are using to manage prominent order with the different trading platform like MT 4.

Because they actually created with their order of strength, demand, and supply mostly trading  between central banks and commercial bank and dominate the forex market in terms of traded volume.

Since January 2012, it is estimated that the seven majors account for over 85% of the daily traded volume in the forex market.

consequently, now  I will show you how they created with orders.

Prominent order Currency.

Therefore it has 8 currencies list and they even start from 1 to 8. And from EUR TO JPY.

  1. EUR – (Euro Zone Euro)
  2. GBP – (Great Britain Pound)
  3. AUD – (Australian Dollar)
  4. NZD – (New Zealand Dollar)
  5. USD – (United States Dollar)
  6. CAD – (Canadian Dollar)
  7. CHF – (Swiss Franc)
  8. JPY – (Japanese Yen)

Now it is very important to keep in mind that in above forex rate in prominent order of Euro Zone (EUR) currency is first in order and Japanese Yen(JPY) is last in order.

if you as well as ISO which done before as you would like to make Major as well as cross currency pairs so what you have to do.

Step -1.

First of all, you know currency in order above always be in base currency and second currency must be counted and quote currency like first currency is 1. EUR – (Euro Zone Euro) and the second currency is 2. GBP – (Great Britain Pound).

EUR/GBP.

Now you can create others currency pairs like.

All below are major currency pairs.

forex rate-forex training

Major Currency Pairs

EUR/USD – Euro Dollar.
GBP/USD – Pound Dollar.
AUD/USD – Aussie Dollar.
NZD/USD – Kiwi Dollar.
USD/CAD – Dollar Loonie.
USD/CHF – Dollar Swissy.
USD/JPY – Dollar-Yen.

Cross Currency Pairs

EUR/GBP – Euro Pound.
EUR/CHF – Euro Swissy.
EUR/JPY – Euro Yen.
GBP/AUD – Pound Aussie.
GBP/JPY – Pound Yen.
AUD/CHF – Aussie Swissy.
NZD/JPY – Kiwi Yen

That’s all about is forex rate of prominent order.

Try Also,

About Muhammad Shahid

Check Also

forex training and trading in urdu with easy forex way

Forex | Forex Training and Trading Courses

Forex training and trading in urdu with easy way Forex training and trading course by ...

7 comments

  1. hello, i just started my classes with sir shahid , its one to one class , its very informative and knowledgeable class i am actually learning all trading in depth just because of sir shahid knowledge and good style of teaching, and i am feeling so much confidence that with the help of sir shahid i will be able to trade by myself with in one month or later.

  2. Thanks for appreciation and In shaa Allah you will be able to trade professionally very soon.

    Best Regards,

    Muhammad Shahid Memon,
    +92-345-3423650

  3. First time I contacted with Sir Shahid about 6 months before. There were two other persons where agreed for the class. Then because of financial problems I quit the classes. Then talked with many people but no one was so nice like Sir Shahid. I spent some money too to attend about 5-6 webinars and skype classes but in vain. Yet we didn’t started the classes still I assume that He will surely make me a good forex trade in the near future. Thumbs up to Sir Shahid.

  4. Nice stuff and good presentation of Shapes to understand better about the forex trading. I suggest to give option where people can comment on every video.

  5. Hello friends.
    I’m just new in forex but i am very satisfied shahid sir and inshallah i will understand very soon.

  6. Muhammad Siddique Saleem

    Assalamo Alaikum
    Sir Shahid is really has hold on his topic and good techniques of teaching the different concepts of forex.

  7. sir Shahid is a good teacher of forex and have a expertese in forex trining.

Leave a Reply

Your email address will not be published. Required fields are marked *