Swap Calculator GBP/ZAR
Using estimated rate
Calculate swap for GBP/ZAR
Inputs
Calculate daily swap
-5.00 × $1.0000
= $-5.00
Calculate weekly swap
$-5.00 × 7 days
= $-35.00
For GBP/ZAR swap/rollover fees: GBP/ZAR uses standard 4-decimal pricing where one pip equals 0.0001. This exotic pair has wider spreads (100-150 pips) due to lower trading volume.
Frequently Asked Questions
What swap rate can I expect holding GBP/ZAR overnight?
Swap rates for GBP/ZAR depend on the interest rate differential between GBP and ZAR. Rates vary by broker and change based on central bank policies.
Is GBP/ZAR swap positive or negative for long positions?
Whether you pay or earn swap on GBP/ZAR depends on relative interest rates. If GBP has higher rates than ZAR, long positions typically earn positive swap.
How is triple swap calculated for GBP/ZAR?
Most brokers charge triple swap on GBP/ZAR for Wednesday positions (to cover the weekend). This triples your swap cost or credit for holding through that day.