About this pair
XPD/EUR: what to know
The XPD/EUR rate shows how much EUR you get for 1 XPD. Right now, 1 XPD buys 1,123.60 EUR at the mid-market rate. In the other direction, 1 EUR is worth 0.000889995 XPD.
In the short term XPD is driven mainly by auto demand and tight supply, while EUR responds to ECB policy and eurozone growth.
Palladium is used mainly in petrol-engine catalytic converters. The Euro (EUR) is issued by European Central Bank (ECB). The euro is the world’s second most-traded currency, after the US dollar.
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.