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Notes on ECB reference rates
Short explanations of the figures behind over 350 of the most popular currency pairs. No market calls, and no mailing list.
24 September 2026
How to read a currency pair
USD/EUR means how many Euros you get for one Dollar. A short guide to base, quote, inverses, and the way Currency Quokka URLs are written.
12 September 2026
What “indicative ECB rates” actually mean
European Central Bank reference rates are a benchmark, not a price you can trade. Here is what the date on a Currency Quokka result is telling you.