Trade Euro / South African Rand CFD

The base currency – EUR. The counter currency – ZAR. The EUR to ZAR chart is the euro to the South African rand currency pair. It reflects how much the EUR is worth when measured against the ZAR. The Eurozone unites 19 nations and euro is used by more than 320 million Europeans. South Africa is a middle-income emerging market and the largest global producer of gold, platinum and chromium. The word “Rand” in South African rand stands for the ridge in Johannesburg with the country’s largest deposits of gold. ZAR has a relatively high interest rate, which makes it a popular trading currency. Follow the EUR to ZAR rates and explore this noteworthy trade vehicle.