About Eurpln and Eurpln Trading
What type of currency pair is EUR/PLN?
The EUR/PLN is an exotic currency pair, as it contains a major currency (EUR – the Euro) and an emerging currency (PLN – the Polish Zloty).
The Polish Zloty represents the quote currency, while the Euro is the base currency. The EUR/PLN currency pair shows traders how much the EUR is worth when compared to the PLN.
Factors impacting the EUR/PLN pair
The EUR/NOK pair value depends on multiple elements such as supply and demand, interest rates, political stability, and economic growth.
Prior to the 2008 economic crisis, the Zloty was widely used as a viable investment currency, experiencing considerable growth in the mid-2010s. However, when the global financial crisis started, the Zloty was deeply affected, losing a third of its value against the Euro by 2010.
How can you trade the EUR/PLN currency pair?
At CAPEX.com, you can follow the EUR/PLN news and analysis to trade on the price movements of this currency pair through CFDs. If you think that prices will go up, you can open a long position (BUY). If you think prices will decrease, you can open a short position (SELL).
Here at CAPEX.com, you can trade the EUR/PLN pair from Sunday to Friday, between 22:15-21:55 GMT.