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Home Trading Trading Instruments EURZAR

EURZAR

20.58653
(+16.41%)
Buy 20.59829 Sell 20.58653
Supply/demand: 20.58653/20.59829
Day range: 20.7572/20.6538
Close: 20.6538
Open: 20.7698
EUR/ZAR: reflects the rate of euro to the South African rand. It’s a cross rate, extremely volatile that may reach 2,500 pips a day. Trading activity peaks during the European trading session. Due to its high volatility, the par can be used for scalping, since it allows for quick profit.
The pair’s closest positive correlation is with USD/ZAR.
South Africa is a resource-based economy, which means that the ZAR rate heavily depends on the prices of raw materials, diamonds, non-ferrous and precious metals. The currency’s price is hugely affected by the country’s balance of trade.
Main factors influencing EUR/ZAR:
—employment in both countries;
—major economic indicators of South Africa and EU;
—monetary policy of the banks;
—statements by the officials of the central banks of both countries.
Instrument Bid Ask Spread Percentage
AUDCAD 0.89454 0.89474 0.1 -0.82%
AUDCHF 0.52279 0.52294 0.1 -17.91%
AUDJPY 96.825 96.838 0.1 +3.43%
AUDNZD 1.09223 1.09237 0.1 +1.21%
AUDUSD 0.65167 0.65174 0.1 -3.65%
CADCHF 0.58435 0.58454 0.1 -17.34%
CADJPY 108.233 108.245 0.1 +4.18%
CHFJPY 185.205 185.220 0.1 +26.26%
CHFSGD 1.59991 1.60044 0.1 +9.95%
EURAUD 1.78521 1.78532 0.1 +16.03%
EURCAD 1.59710 1.59724 0.1 +15.09%
EURCHF 0.93336 0.93355 0.1 -4.96%
EURGBP 0.86559 0.86568 0.1 +0.81%
EURHKD 9.12963 9.13192 0.1 +12.38%
EURJPY 172.872 172.886 0.1 +19.97%
EURNOK 11.8773 11.8835 0.1 +15.18%
EURNZD 1.94991 1.95018 0.1 +17.37%
EURRUB 95.56000 95.66250 0.1 +53.30%
EURSEK 11.25938 11.26701 0.1 +4.08%
EURSGD 1.49350 1.49386 0.1 +4.36%
EURUSD 1.16345 1.16350 0.1 +11.83%
EURZAR 20.58653 20.59829 0.1 +16.41%
GBPAUD 2.06228 2.06247 0.1 +15.27%
GBPCAD 1.84501 1.84517 0.1 +14.29%
GBPCHF 1.07825 1.07845 0.1 -5.58%
GBPDKK 8.62026 8.62425 0.1 -0.28%
GBPJPY 199.691 199.711 0.1 +19.06%
GBPNOK 13.7200 13.7290 0.1 +14.51%
GBPNZD 2.25255 2.25293 0.1 +16.64%
GBPSEK 13.00542 13.01765 0.1 +3.25%
GBPSGD 1.72538 1.72570 0.1 +3.63%
GBPUSD 1.34398 1.34417 0.1 +11.01%
NZDCAD 0.81892 0.81916 0.1 -1.94%
NZDCHF 0.47855 0.47882 0.1 -18.93%
NZDJPY 88.642 88.658 0.1 +2.21%
NZDSGD 0.76572 0.76622 0.1 -11.08%
NZDUSD 0.59657 0.59671 0.1 -4.73%
USDCAD 1.37278 1.37287 0.1 +2.93%
USDCHF 0.80226 0.80235 0.1 -14.90%
USDCNY 7.1801 7.1816 0.1 +0.18%
USDDKK 6.41405 6.41594 0.1 -10.18%
USDHKD 7.84676 7.84891 0.1 +0.51%
USDJPY 148.572 148.584 0.1 +7.24%
USDMXN 18.7289 18.7424 0.1 -3.24%
USDNOK 10.2077 10.2146 0.1 +3.07%
USDRUB 78.13257 78.31303 0.1 +29.72%
USDSEK 9.67775 9.68360 0.1 -6.91%
USDSGD 1.28365 1.28398 0.1 -6.66%
USDTRY 40.37593 40.38207 0.1 +117.70%
USDZAR 17.69488 17.70326 0.1 +4.22%

How to make money
EURZAR

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