Euro vs Polish Zloty
EURPLN
Pricing is indicative. Past performance is not a reliable indicator of future results. Client sentiment is provided for general information only, is historical in nature and is not intended to provide any form of trading or investment advice - it must not form the basis of your trading or investment decisions.
Trading Conditions
ATP Margin
0.004
Contract Size Currency per 1 Lot Symbol
EUR 100,000
Min/Max Trade Size (lots)
0.01 / 50
Schedule and Fees
Market Open
Monday 00:01 MT Server
Market Closed
Friday 23:58 MT Server
Trading Break
23:59 - 00:01 MT Server
3 Day Financing
Wednesday
Long & Short Position Overnight Fee
displayed on the trading platform
Upcoming Calendar Events
| August 24 | Monday | Volatility | Actual | Previous | Consensus | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 15:30 |  US | USD | 3-Month Bill Auction | LOW | 3.715 | ||||||||
| 15:30 | US | USD | 6-Month Bill Auction | LOW | 3.78 | ||||||||
FAQ
The EUR/PLN currency pair indicates the exchange rate between the euro and the Polish zloty, or the number of zlotys (the quote currency) required to buy one euro (the base currency). The currency pair is susceptible to volatility and can offer diversification opportunities to forex traders.
The Narodowy Bank Polski (NBP) National Bank of Poland issues and manages the Polish zloty, the country's official currency. It was officially introduced to supplant the Polish marka on February 28, 1919, and circulation began in 1924. In 1995, Poland's post-communist government instituted a new zloty at a rate of 10,000 old zlotys to one new zloty in an effort to stimulate the economy. In Central and Eastern Europe, the zloty is the most traded currency.
The euro is the official currency of the Eurozone, which consists of 19 of the 27 European Union member states. In 1999, it was introduced digitally, and in 2002, it was introduced physically. Under the watch of the European Central Bank (ECB), it functions as an international reserve currency and medium of exchange. Even though Poland joined the European Union (EU) in 2004, it has yet to set a target date for adopting the euro, though it intends to do so as soon as possible.
