78% of retail investor accounts experience cash losses as a result of trading CFDs with this CFD provider.
CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
93.832 RUB
-0 (-0.35%)
1H
4H
1D
1W
1MN

EURRUB Key Statistics

Open price
94.1605
High today
94.0969
Low today
92.949
52 Week high
118.4748
52 Week low
87.654
Trading hours
-12:00
-11:00
-10:00
-09:00
-08:00
-07:00
-06:00
-05:00
-04:00
-03:00
-02:00
-01:00
UTC 00:00
+01:00
+02:00
+03:00
+03:30
+04:00
+04:30
+05:00
+05:30
+05:45
+06:00
+07:00
+08:00
+09:00
+09:30
+10:00
+11:00
+12:00
+12:45
+13:00
+14:00
UTC 00:00
Symbol trading specification
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EURRUB
93.832 
-0.33 (-0.35%)  
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About EURRUB

The EURRUB pair represents the exchange rate between the currency of the Eurozone, i.e. EURO, and Russia's currency, i.e. Ruble. The former is the second most traded currency globally, and the latter has a relatively low trading volume. In the EURRUB pair, the base currency is EURO which is quoted against the counter currency, RUB.

What is EURRUB?

The EURRUB is an exotic pair as it contains a major currency, i.e. EURO, and an emerging currency, i.e. RUB. It has lower trading volumes, wider bid-ask spreads, and higher volatility than other major pairs such as EURUSD or USDJPY. Besides, it's correlated with several other currencies too. For instance, EURRUB is negatively correlated to USDRUB and less strongly correlated with EURUSD and EURJPY pairs. Further, The EURRUB currency pair is traded 24 hours a day from Sunday to Friday on the forex market and its value is significantly affected by the factors such as central bank policies promoting economic growth of the Eurozone or Russia, geopolitical tensions, prices of exports, and internal economic conditions. Besides, market sentiment also plays a vital role in determining the value of the EURRUB pair. However, it must be noted that these factors can vary over time, so investors must carry out a detailed analysis of the pair before investing money in it. If investors want to know how to trade EURRUB, it’s essential to keep tabs on these factors.

How does EURRUB work?

It works through trading in the forex market on online platforms like SimpleFX. It provides solutions such as a demo account, which enables traders eager to learn how to invest in EURRUB start without risking their real assets. Besides, traders use various tools, such as technical analysis, fundamental analysis, etc., to make well-informed trading decisions. On the SimpleFX platform, both novice and experienced traders can find tools enabling conducting such analyses.

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