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HomeMarketsForexSouth African Rand / Japanese Yen

Trade South African Rand / Japanese Yen

SummaryHistorical Data
Trading Conditions
Spread0.011
Long position overnight fee
Long position overnight fee
Margin. Your investment
JP¥1,000
Overnight fee
Charges from full value of position
0.01745 %
(JP¥3)

Trade size with leverage ~ JP¥20,000

Short position overnight fee ~ JP¥19,000

0.01745%
Short position overnight fee
Short position overnight fee
Margin. Your investment
JP¥1,000
Overnight fee
Charges from full value of position
-0.02567 %
(-JP¥5)

Trade size with leverage ~ JP¥20,000

Short position overnight fee ~ JP¥19,000

-0.02567%
Overnight fee time21:00 (UTC)
CurrencyJPY
Min traded quantity1000
Margin5
Stock exchange
Commission on trade10%

Information_provided_by_capital
1Our charge for executing your trade is the spread, the difference between the buy and sell price. Please consult the Charges and Fees section of our website for further information

ZAR/JPY

The base currency – ZAR. The counter currency – JPY. The ZAR to JPY chart is the South African rand to the Japanese yen currency pair. It shows how much the ZAR is worth when measured against JPY. The ZAR/JPY is an exotic currency pair that is not traded as often as the majors, but also enjoys popularity among traders. The official currency of South Africa, the rand is also a legal tender in Swaziland, Namibia and Lesotho. The rand experienced high volatility, when the currency was depreciating after the apartheid period sanctions. The ZAR looks stronger when investors decide to take on more risk in the developing countries. The official currency of Japan, the Japanese yen, is the 3rd most widely-traded currency in the world, after the American dollar (USD) and euro (EUR). It accounts for 23% of daily Forex turnover. Follow the ZAR to JPY rate and explore this noteworthy trade vehicle.