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. Like other exotic pairs, the ZARJPY's high volatility comes in periods, which involves risks but also the potential for high profit. The interest rates of both South Africa and Japan have an impact on the quotes of this currency pair. Pay attention to the news about the interest rate changes, as they typically provoke higher volatility.
Spreads and conditions
- 100 000 ZAR