EUR/XPT: what to know
The EUR/XPT rate shows how much XPT you get for 1 EUR. Right now, 1 EUR buys 0.000640 XPT at the mid-market rate. In the other direction, 1 XPT is worth 1,562.95 EUR.
In the short term EUR is driven mainly by ECB policy and eurozone growth, while XPT responds to industrial (auto) demand and supply.
The Euro (EUR) is issued by European Central Bank (ECB). The euro is the world’s second most-traded currency, after the US dollar. Platinum is rarer than gold and vital for catalytic converters.
Over the past 12 months the EUR/XPT rate has ranged between 0.000415 and 0.000862 — a change of -24.64% versus a year ago.
Because this pair involves a precious metal, the rate reflects global bullion prices per troy ounce. Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.