EURZAR

Euro vs South African Rand

Forex spot

1.77%

Low - High

17.86354 - 18.23767

Spread
Swap Long
-433.65
Swap Short
140.5
Margin Req.
0.2%
Trading Size
0.01 - 1000
Contract Size
100000
Leverage Up To
1:500
3-Day SWAPs
Wednesday

EUR ZAR Chart

Commission per lot (single side)

CLASSIC $0  PRO $3  VIP $1.5

Open

Monday 00:05

Close

Friday 23:59

Server Time

GMT+3

Daily Break

23:59-00:05

EUR ZAR

About

EURZAR

The EURZAR shows the ratio of the euro to the South African rand. The EURZAR is significantly affected by the US dollar as the currency pair is a cross-rate against it. The USD has a great influence on both currencies. When analysing the currency pair’s possible movements consider major US macroeconomic indicators such as the discount rate, the GDP, labor market data, the interest rate, the inflation rate and more. However, changes in the US economy can affect the euro and the South African rand in different ways. South Africa is an active trading partner of the EU. Its economy is based on the extraction and export of minerals, precious stones (such as diamonds) and metals (such as gold) and car manufacturing and any fluctuation in the prices of these sectors can affect the South African rand exchange rate.

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