Convert EUR to ZAR
The exchange rate of the EUR/ZAR currency pair experiences fluctuations on the release of important economic data from the Eurozone and South Africa, including GDP, employment rate, inflation, business confidence, trade balance, retail sales, PPI and PMI readings for manufacturing and services sectors.
The EUR/ZAR forex pair experiences the maximum volatility when markets in Europe and South Africa are open for trading, making it the best time to enter into trades. Consider trading this pair between 07:00 GMT and 16:00 GMT.
EUR/ZAR strengthened to a high of 20.9342 on 10 August 2020. This was the highest level this currency pair touched during 2020.