Settlement currency

In forex (fx) trading, the settlement currency (also referred to as payment currency) is the second currency listed in the currency pair description (example: EUR.USD).   The transaction currency multiplied by the exchange rate will indicate the settlement currency amount for the transaction.  For example, an order to buy 100,000 EUR.USD @ 1.353 has a settlement currency amount of USD 135,300



An order to buy 100,000 EUR.USD @ 1.353 has a settlement currency (USD) amount of 135,300.


see transaction currency