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. This makes ZAR attractive for investors. Since export revenues account for over 50% of South Africa's GDP, USDZAR is strongly influenced by changes in the volume of exported goods and is highly volatile. The pair is great for long-term strategies, as well as for determining indicators or trading advisors on long timeframes.
Spreads and conditions
- 100 000 USD