
AED
United Arab Emirates Dirham
FX Spot | FX Forward |
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Delivery date: T; T+1; T+2 | Maximum maturity: 24 months |
Liquidity: Good | Liquidity: Good |
There are no particular restrictions on the purchase and sale of ZAR.
Expert opinion
The ZAR tends to appreciate in the event of rising commodity prices, and gold in particular as South Africa is a major producer of the metal. In contrast, the ZAR tends to depreciate in times of market stress as it is considered a risky asset in comparison with other currencies.
The following information is required:
Public Holidays 2018 (subject to change) | |||
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New Year’s Day | 1 January | Youth Day | 15 June |
Human Rights Day | 21 March | National Women’s Day | 9 August |
Good Friday | 30 March | Heritage Day | 24 September |
Easter Monday (Family Day) | 2 April | Reconciliation Day | 16 December |
Freedom Day | 27 April | Christmas | 25 December |
Labour Day | 1 May | Goodwill Day | 26 December |