EURZAR
Market is open. Closes in 110h 11m
Euro vs South African Rand
19.87398
-0.1157
(-0.58%)
Chart
Specification
| Details | |
|---|---|
|
Contract size
|
100000 |
|
Min volume, lot
|
0.01 |
|
Max volume, lot
|
100 |
|
Step volume, lot
|
0.01 |
|
Stops level
|
0 |
|
Avg spread, pips
|
332.3 |
|
Commission, per lot/side USD
|
0 |
|
Margin
|
0.5% |
|
Long swap, points
|
-500.4 |
|
Short swap, points
|
0 |
|
3 days swap
|
Wednesday |
|
Profit currency
|
EUR |
| Trading time (MT server time) | |
|---|---|
| Market is open. Closes in 110h 11m | |
| Sunday | - |
| Monday | 00:02 - 24:00 |
| Tuesday | 00:00 - 24:00 |
| Wednesday | 00:00 - 24:00 |
| Thursday | 00:00 - 24:00 |
| Friday | 00:00 - 23:58 |
| Saturday | - |
Description
The EURZAR pair indicates the exchange rate between the euro (EUR) and the South African rand (ZAR). It reflects the economic and trade relationship between Europe and South Africa, with the rand often influenced by commodity exports and emerging market trends.
Factors influencing EURZAR:
- European Central Bank (ECB) policy: Interest rate decisions and economic policies affect the euro’s strength.
- South African economic health: Inflation, GDP growth, and commodity exports (especially gold and platinum) impact the rand.
- Global market conditions: Emerging market risk and global commodity prices heavily influence the pair.
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