USDZAR

US Dollar vs South African Rand

Forex spot

-0.05%

Low - High

14.85556 - 15.01535

Spread

Swap Long

-422.76

Swap Short

171.64

Margin Req.

Trading Size

0.01 - 1000

Contract Size

100000

Leverage Up To

1:50

3-Day SWAPs

Wednesday

Commission per lot (single side)

CLASSIC $0 PRO $3 VIP $1.5

Open	Monday 00:05

Close

Friday 23:59

Server Time

GMT+2

Daily Break

23:59-00:05

About

USDZAR

The USDZAR pairing represents two important global currencies; the US dollar and the South African rand. It is one of the most popular exotic currencies in the Forex market, and its performance is highly dependent on the correlation of the two economies. South Africa is a major economic power in Africa that relies heavily on foreign trade. The South African Rand, therefore, represents an emerging market that can be impacted greatly by developments in global commodities markets. The USD is one of the most stable forex currencies and remains as the world's primary reserve currency. The USD/ZAR is a preferred carry trade pair due to its interest rate differentials.

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