3.93 PLN
+0 (+0.05%)

USDPLN Key Statistics

Open price
3.93126
High today
3.94255
Low today
3.91985
52 Week high
4.25152
52 Week low
3.79715
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
Symbol trading specification
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About USDPLN

In the pair USDPLN, USD is the currency of the United States that's the most actively traded currency on the forex market. It is a reserve currency and pairs with a lot of other currencies. On the other hand, PLN is the official currency of Poland, one of Europe's fastest-growing economies.

What is USDPLN?

The USDPLN is an exotic pair first introduced in the forex market in April 2000. Since then, it has been traded on various forex platforms. The USDPLN pair measures the PLN in terms of USD. In other words, the pair tells about the number of PLN required to purchase one USD. Every trader eager to learn how to invest in USDPLN must remember the most vital information about this currency pair. The USDPLN has a lower trading volume than major pairs like USDJPY and EURUSD. Moreover, the pair has higher volatility and lower liquidity than major currency pairs.

How does USDPLN work?

The currency pair works by trading on various platforms, like SimpleFX. First, the trader needs to open an account. SimpleFX provides a demo account where investors can learn how to trade USDPLN. It gives access to the simulation of real-time market conditions without financial risks. However, it’s worth noting that everything, i.e., trading volume, volatility, and liquidity, varies with time. The reason is the price's dependency on the several factors impacting USDPLN fluctuations. Traders should include macroeconomic indicators, changes in central bank policies, commodity prices (which can strongly impact the US Dollar,) and global economic and geopolitical conditions.

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