US Dollar vs Polish Zloty
USDPLN
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
USD 100,000
Min/Max Trade Size (lots)
0.01 / 100
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
| September 11 | Friday | Volatility | Actual | Previous | Consensus | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 18:00 | US | USD | Monthly Budget Statement | MEDIUM | -432 | -404 | |||||||
| 19:30 | UK | GBP | CFTC GBP NC Net Positions | LOW | -49.6 | ||||||||
| 19:30 | US | USD | CFTC Gold NC Net Positions | LOW | 228.1 | ||||||||
| 19:30 | US | USD | CFTC Oil NC Net Positions | LOW | 129.9 | ||||||||
| 19:30 | US | USD | CFTC S&P 500 NC Net Positions | LOW | -75.9 | ||||||||
FAQ
The USD/PLN currency pair represents the exchange rate between the US dollar and Polish zloty, or the number of zlotys (the quote currency) necessary to purchase one dollar (the base currency). The currency pair is volatile and can provide forex traders with diversification opportunities.
The Polish zloty is the country's official currency, and it is issued and managed by the Narodowy Bank Polski (NBP). It was officially introduced to supplant the Polish marka and began circulation 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 US dollar is the world's primary reserve currency and serves as legal tender in several nations, such as Ecuador and the Republic of Zimbabwe. It is also the most widely used currency in the world. Due to the stability and dependability of the US economy, the USD is the currency of choice for international transactions and reserves. In addition, the dominance of the US dollar in international trade has significant implications for exchange rates and economic policies worldwide, and it can serve as a benchmark for nations that choose to establish or peg their currencies to the USD's value.
