ZAR is one of the most tradable exotics. It is the national currency of South Africa, which is rich in mineral resources and has the potential for economic growth. EURZAR links South Africa’s developing economy to Europe’s more mature economic base. Since each position is valued at approximately 0.7 USD per lot, it brings a lot of opportunities for adopting aggressive investment strategies. EURZAR has a volatility of 2,000–2,500 points per day, which you can use to your advantage.
Spreads and conditions
- Minimum spread
- 78
- Average spread
- 110
- Swap short (pips)
- 200.00
- Swap long (pips)
- -370.00
- Contract size
- 100 000 EUR
- Pip price (USD/LOT)
- 0.00
- Islamic acc fee (short)
- 200.00
- Islamic acc fee (long)
- -370.00