Let's compare currency pair KRW/AUD by taking into account the value of KRW against the value of AUD . Thanks to this currency pair we can know that it takes 0.00113$AUD to be able to buy a KRW.
Going into terminology, in this case KRW is the transaction currency or base currency just as AUD is called a counter currency or quote currency.
To be as descriptive as possible, we are going to comment that in the last few hours the minimum price this pair has reached has been 0.00112, but the maximum price has reached 0.00113 And thanks to this observation, we conclude a variation of 0.00001 or, in other words, with a percentage variation of 1.27000%.