EURZAR Price | SimpleFX: Free Trading & Investing App ```json { "@context": "https://schema.org", "@type": "FinancialProduct", "name": "EUR/ZAR", "description": "Trade EUR/ZAR with SimpleFX. Real-time forex trading with competitive spreads, and professional trading platform.", "identifier": "EURZAR", "category": "Forex", "provider": { "@type": "FinancialService", "name": "SimpleFX", "url": "https://basitfx.com", "description": "Online Trading Platform", "areaServed": "Worldwide" }, "mainEntityOfPage": { "@type": "WebPage", "@id": "https://basitfx.com/instruments/eurzar" }, "url": "https://basitfx.com/instruments/eurzar", "sameAs": [ "https://www.resbank.co.za/pages/default.aspx" ], "offers": { "@type": "Offer", "price": 19.271, "priceCurrency": "ZAR", "availability": "https://schema.org/InStock", "seller": { "@type": "FinancialService", "name": "SimpleFX" } }, "additionalProperty": [ { "@type": "PropertyValue", "name": "Spread", "value": "0.01089 pips" }, { "@type": "PropertyValue", "name": "Contract Size", "value": 100000 }, { "@type": "PropertyValue", "name": "Margin Currency", "value": "ZAR" } ] } ``` ```json { "@context": "https://schema.org", "@type": "InvestmentOrDeposit", "name": "EURZAR Trading", "description": "Learn how to trade EURZAR with SimpleFX's professional trading platform.", "category": "Trading Strategy", "provider": { "@type": "FinancialService", "name": "SimpleFX" }, "mainEntityOfPage": { "@type": "WebPage", "@id": "https://basitfx.com/instruments/eurzar" } } ``` ```json { "@context": "https://schema.org", "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://basitfx.com" }, { "@type": "ListItem", "position": 2, "name": "Instruments", "item": "https://basitfx.com/instruments" }, { "@type": "ListItem", "position": 3, "name": "Forex", "item": "https://basitfx.com/instruments/?category=forex" }, { "@type": "ListItem", "position": 4, "name": "EURZAR" } ] } ``` ```json { "@context": "https://schema.org", "@type": "FAQPage", "mainEntity": [ { "@type": "Question", "name": "What is EUR/ZAR (EURZAR) and how can I trade it?", "acceptedAnswer": { "@type": "Answer", "text": "EUR/ZAR (EURZAR) is a forex CFD available on SimpleFX. You can trade it by creating a free account, depositing funds, and opening a position directly from the trading platform. No minimum deposit is required." } }, { "@type": "Question", "name": "What is the spread on EURZAR?", "acceptedAnswer": { "@type": "Answer", "text": "The target spread on EURZAR at SimpleFX is 0.01089 pips. SimpleFX uses a spreads-only pricing model with no additional commissions." } }, { "@type": "Question", "name": "What leverage is available for EURZAR?", "acceptedAnswer": { "@type": "Answer", "text": "EURZAR can be traded with up to 1:100 leverage on SimpleFX, which corresponds to a margin requirement of 1.00%. Leverage amplifies both potential gains and losses." } }, { "@type": "Question", "name": "What currency is EURZAR margined in?", "acceptedAnswer": { "@type": "Answer", "text": "EURZAR positions on SimpleFX are margined in ZAR. Your account balance in ZAR is used to cover the margin requirement for this instrument." } }, { "@type": "Question", "name": "What is the contract size for EURZAR?", "acceptedAnswer": { "@type": "Answer", "text": "The standard contract size for EURZAR on SimpleFX is 100000. Position sizes are calculated based on this contract unit." } } ] } ``` 78% of retail investor accounts experience cash losses as a result of trading CFDs with this CFD provider. CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 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English AR - العربية ES - Español FR - Français HI - Hindi ID - Bahasa Indonesia KO - Korean MY - Malay PT-BR - Português RU - Русский TH - ภาษาไทย TR - Türkçe VI - Tiếng Việt ZH - 中文 * [](/ "Home") * [Instruments search](/instruments) * [Forex instruments](/instruments/?category=forex) * EURZAR [EURZAR exchange rate](https://app.basitfx.com/instruments/EURZAR) ================================================================== EUR/ZAR ------- 19.26527 ZAR \-0.10 (-0.51%) 1H 4H 1D 1W 1MN EURZAR Key Statistics --------------------- Open price 19.3773 High today 19.3922 Low today 19.23978 52 Week high 21.01001 52 Week low 18.658 ##### Trading hours \-12:00 \-11:00 \-10:00 \-09:00 \-08:00 \-07:00 \-06:00 \-05:00 \-04:00 \-03:00 \-02:00 \-01:00 UTC 00:00 +01:00 +02:00 +03:00 +03:30 +04:00 +04:30 +05:00 +05:30 +05:45 +06:00 +07:00 +08:00 +09:00 +09:30 +10:00 +11:00 +12:00 +12:45 +13:00 +14:00 UTC 00:00 Sunday \- Monday \- Tuesday \- Wednesday \- Thursday \- Friday \- Saturday \- ##### Symbol trading specification Description EURZAR Exchange OTC Base Currency EUR Quote Currency ZAR Contract size 100000 Margin 1.00%\* \* for 1:1000 account leverage Tick size 0.00001 Target Spread 0.01089 Stop levels 0 Swap - Buy \-0.0265% Swap - Sell \-0.0008% Minimum contract size 0.01 Maximum contract size 1 Type Forex [Trade EUR/ZAR](https://app.basitfx.com/instruments/EURZAR/chart) ### About EURZAR **Following the great commercial relations between the European Union and South Africa, the EURZAR index is important. South Africa is a major export nation, and its currency's value and fluctuations could be essential to your investment portfolio.** #### What is EURZAR? The EURZAR index shows the relationship between the Euro currency and the South African Rand. It's a relatively new index since it was adopted in 2002, after introducing the Euro to the world monetary and forex markets. The European Central Bank and the South African Central Bank regulate the index, which operates with free bids for the two currencies. Everyone who wants to know [how to trade EURZAR](/how-to-trade/EURZAR) should pay attention to the relationship between both central banks. #### How does the EURZAR market work? The EURZAR index increases or decreases according to the relative value of the two currencies. When there is a high demand for South African Rands in the market, the index goes down, or otherwise, it will go up. It works through trading in the forex market on online platforms like SimpleFX. It provides solutions such as a demo account, which enables traders eager to learn [how to invest in EURZAR](/how-to-invest-in/EURZAR) start without risking their real assets. #### EURZAR price history The latest EURZAR price history is briefed below. However, investors must remember that referring to the past performance of this asset may not be a reliable indicator of future results. **2018** For most of the year, the price of EURZAR was close to 16 South African Rands for 1 Euro. That was the median price for a long time, showing the stability of the commercial relations between the two economic regions. **2019** During 2019 there were a lot of fluctuations in the EURZAR index. However, the price was close to 15 South African Rands for 1 Euro, which is one of the lowest in recent history. That made many investors win and have great returns for their investments. **2020** 2020 was a bad year for the South African economy, which was barred from exporting goods and services. The EURZAR index went up in favor of the common European currency, reaching the level of 20 South African Rands per 1 Euro. It remained there till the end of the year, showing the recession in the South African economic area. **2021** Things returned to normal in 2021 when the South African economy jumpstarted again. The EURZAR index went down to favor the South African Rand, close to 16 Rands for 1 Euro. That was the reason for the spike in South African exports to the European Union right after the pandemic outbreak. **2022** During 2022 the fears of global recession affected the South African economy. There were issues with overprinting of South African Rands, and that's why the index went up in favor of the Euro. The median price for the year was about 17.5 South African Rands for 1 Euro, allowing EU customers to have privileged access to goods and services from the South African economic region. #### Current EURZAR price The current **EURZAR price** is subject to fluctuation due to the volatility of the forex market. Investors can check it on the chart or the SimpleFX Webtrader platform. #### Is EURZAR a good investment? Whether EURZAR is a good investment depends on factors such as interest rates, monetary policies, geopolitical events, etc. The answer depends on analyzing these factors and the potential returns on investment. If the factors are also stable and there are more chances of return, this currency pair brings more interest from investors eager to learn [how to invest in forex](/how-to-invest-in/forex) worldwide. [Read more Close](#) Similar instruments [CHF/PLN CHFPLN 4.64393  +0.00 (+0.06%)](/instruments/CHFPLN)  [EUR/AUD EURAUD 1.61627  \-0.01 (-0.33%)](/instruments/EURAUD)  [EUR/CAD EURCAD 1.60322  \-0.00 (-0.24%)](/instruments/EURCAD)  [EUR/CHF EURCHF 0.91555  \-0.00 (-0.07%)](/instruments/EURCHF)  [EUR/CZK EURCZK 24.3315  +0.02 (+0.08%)](/instruments/EURCZK)  [EUR/DKK EURDKK 7.47316  +0.00 (+0.01%)](/instruments/EURDKK)  [EUR/GBP EURGBP 0.86666  +0.00 (+0.03%)](/instruments/EURGBP)  [EUR/HKD EURHKD 9.16516  \-0.02 (-0.22%)](/instruments/EURHKD)  [EUR/HUF EURHUF 359.601  +1.64 (+0.46%)](/instruments/EURHUF)   ##### Trade EUR/ZAR the Simplest way. [Trade EURZAR](https://app.basitfx.com/instruments/EURZAR/chart) Don't have an account yet? [Open it!](https://app.basitfx.com/signup) Simple account opening. Simple way to start investing. 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