EUR/ZAR

EUR/ZAR

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EUR/ZAR TRADING


History of the Euro

The euro was released on 1 January 1999, following a decade of preparations: for the first three years, it was a 'invisible' currency, used exclusively for accounting purposes and electronic payments. Coins and banknotes were introduced on 1 January 2002, and the largest currency changeover in history occurred in 12 EU countries.

History of the South African Rand

It was first made in 1961 when South Africa became a country. It took the place of the South African pound, which had been the legal currency of the Union of South Africa since 1910, when it was set up as a British colony.

EUR/ZAR Forex Chart
Instrument: EUR/ZAR
Spread: floating
Leverage: 1:20
Margin: 5.00%
Minimum Nominal Trade Size: 1000
Overnight Interest (daily) Sell: -3.9377 %
Overnight Interest (daily) Buy: -180.27%
Trading Hours (GMT): 24/5
MT5 / MT4 Symbol: EUR/ZAR

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EUR/ZAR Trading FAQs

With some currencies seeing rapid growth, foreign currency pairings serve as investment tools that expand alongside them. The forex market is now flooded with pairs with relatively significant volatility and a plethora of profit opportunities, one of which is EUR/ZAR.

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