USDZAR

US Dollar vs South African Rand

Forex spot

-0.14%

Low - High

14.2621 - 14.32084

Spread
Swap Long
-275.98
Swap Short
35.58
Margin Req.
2%
Trading Size
0.01 - 1000
Contract Size
100000
3-Day SWAPs
Wednesday

Commission per lot (single side)

CLASSIC $0  PRO $3  VIP $1.5

Open

Monday 00:05

Close

Friday 23:59

Server Time

GMT+3

Daily Break

23:55-00:30
About

USDZAR

The USDZAR pairing represents two important global currencies; the US dollar and the South African rand. It is one of the most popular exotic currencies in the Forex market, and its performance is highly dependent on the correlation of the two economies. South Africa is a major economic power in Africa that relies heavily on foreign trade. The South African Rand, therefore, represents an emerging market that can be impacted greatly by developments in global commodities markets. The USD is one of the most stable forex currencies and remains as the world's primary reserve currency. The USD/ZAR is a preferred carry trade pair due to its interest rate differentials.

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