Forex Market Holidays 2024. – Bank Holidays Around the World

Forex market holiday calendar

Presented forex market holiday calendar from 2024. (bank holidays calendar)  will show each holiday in the year with full descriptions for countries such as UK bank holidays, USA bank holidays, etc. In the table below, we can see what holidays the forex market closed on. The Forex calendar has 195 countries and a vital holiday list for each country.

The presented holiday calendar has a database for the last ten years to check forex market holidays in 2023,2022, 2021, 2020, etc.

In the figure below, we can see all the famous world holidays. In addition, you can find a full description in the text for each holiday.

Holidays Around the World (all countries):

Essential National holidays list (bank holidays worldwide) – World Bank holidays

Forex market holiday calendar for 2023/2024 shows that the only two holidays the market is officially closed are Christmas Day (December 25th) and New Year’s Day (January 1st). However, there are a lot of nonworking days (holidays) around the world. Each country has a different holiday calendar. 

 

To learn how to use this bank holiday calendar, see my video:

 

Learn about trading days and holidays:

Forex Market Holidays in 2024

In this Table, you can choose the month and country and check forex bank holidays for particular countries. For example, go to the down corner of the Table and choose the preferred country and month:

how to choose countries in forex holiday calendar

There is the following list of countries and their holidays:

  • Forex holidays in Afghanistan
  • Forex holidays in Albania
  • Forex holidays in Algeria
  • Forex holidays in Andorra
  • Forex holidays in Angola
  • Forex holidays in Antigua and Barbuda
  • Forex holidays in Argentina
  • Forex holidays in Armenia
  • Forex holidays in Australia
  • Forex holidays in Austria
  • Forex holidays in Azerbaijan
  • Forex holidays in the Bahamas
  • Forex holidays in Bahrain
  • Forex holidays in Bangladesh
  • Forex holidays in Barbados
  • Forex holidays in Belarus
  • Forex holidays in Belgium
  • Forex holidays in Belize
  • Forex holidays in Benin
  • Forex holidays in Bhutan
  • Forex holidays in Bolivia
  • Forex holidays in Bosnia and Herzegovina
  • Forex holidays in Botswana
  • Forex holidays in Brazil
  • Forex holidays in Brunei
  • Forex holidays in Bulgaria
  • Forex holidays in Burkina Faso
  • Forex holidays in Burundi
  • Forex holidays in Côte d’Ivoire
  • Forex holidays in Cabo Verde
  • Forex holidays in Cambodia
  • Forex holidays in Cameroon
  • Forex holidays in Canada
  • Forex holidays in the  Central African Republic
  • Forex holidays in Chad
  • Forex holidays in Chile
  • Forex holidays in China
  • Forex holidays in Colombia
  • Forex holidays in Comoros
  • Forex holidays in Congo (Congo-Brazzaville)
  • Forex holidays in Costa Rica
  • Forex holidays in Croatia
  • Forex holidays in Cuba
  • Forex holidays in Cyprus
  • Forex holidays in Czechia (Czech Republic)
  • Forex holidays in the Democratic Republic of the Congo
  • Forex holidays in Denmark
  • Forex holidays in Djibouti
  • Forex holidays in Dominica
  • Forex holidays in the Dominican Republic
  • Forex holidays in Ecuador
  • Forex holidays in Egypt
  • Forex holidays in El Salvador
  • Forex holidays in Equatorial Guinea
  • Forex holidays in Eritrea
  • Forex holidays in Estonia
  • Forex holidays in Eswatini (fmr. “Swaziland”)
  • Forex holidays in Ethiopia
  • Forex holidays in Fiji
  • Forex holidays in Finland
  • Forex holidays in France
  • Forex holidays in Gabon
  • Forex holidays in the Gambia
  • Forex holidays in Georgia
  • Forex holidays in Germany
  • Forex holidays in Ghana
  • Forex holidays in Greece
  • Forex holidays in Grenada
  • Forex holidays in Guatemala
  • Forex holidays in Guinea
  • Forex holidays in Guinea-Bissau
  • Forex holidays in Guyana
  • Forex holidays in Haiti
  • Forex holidays in Holy See
  • Forex holidays in Honduras
  • Forex holidays in Hungary
  • Forex holidays in Iceland
  • Forex holidays in India
  • Forex holidays in Indonesia
  • Forex holidays in Iran
  • Forex holidays in Iraq
  • Forex holidays in Ireland
  • Forex holidays in Israel
  • Forex holidays in Italy
  • Forex holidays in Jamaica
  • Forex holidays in Japan
  • Forex holidays in Jordan
  • Forex holidays in Kazakhstan
  • Forex holidays in Kenya
  • Forex holidays in Kiribati
  • Forex holidays in Kuwait
  • Forex holidays in Kyrgyzstan
  • Forex holidays in Laos
  • Forex holidays in Latvia
  • Forex holidays in Lebanon
  • Forex holidays in Lesotho
  • Forex holidays in Liberia
  • Forex holidays in Libya
  • Forex holidays in Liechtenstein
  • Forex holidays in Lithuania
  • Forex holidays in Luxembourg
  • Forex holidays in Madagascar
  • Forex holidays in Malawi
  • Forex holidays in Malaysia
  • Forex holidays in Maldives
  • Forex holidays in Mali
  • Forex holidays in Malta
  • Forex holidays in the Marshall Islands
  • Forex holidays in Mauritania
  • Forex holidays in Mauritius
  • Forex holidays in Mexico
  • Forex holidays in Micronesia
  • Forex holidays in Moldova
  • Forex holidays in Monaco
  • Forex holidays in Mongolia
  • Forex holidays in Montenegro
  • Forex holidays in Morocco
  • Forex holidays in Mozambique
  • Forex holidays in Myanmar (formerly Burma)
  • Forex holidays in Namibia
  • Forex holidays in Nauru
  • Forex holidays in Nepal
  • Forex holidays in the Netherlands
  • Forex holidays in New Zealand
  • Forex holidays in Nicaragua
  • Forex holidays in Niger
  • Forex holidays in Nigeria
  • Forex holidays in North Korea
  • Forex holidays in North Macedonia
  • Forex holidays in Norway
  • Forex holidays in Oman
  • Forex holidays in Pakistan
  • Forex holidays in Palau
  • Forex holidays in Palestine State
  • Forex holidays in Panama
  • Forex holidays in Papua New Guinea
  • Forex holidays in Paraguay
  • Forex holidays in Peru
  • Forex holidays in the  Philippines
  • Forex holidays in Poland
  • Forex holidays in Portugal
  • Forex holidays in Qatar
  • Forex holidays in Romania
  • Forex holidays in Russia
  • Forex holidays in Rwanda
  • Forex holidays in Saint Kitts and Nevis
  • Forex holidays in Saint Lucia
  • Forex holidays in Saint Vincent and the Grenadines
  • Forex holidays in Samoa
  • Forex holidays in San Marino
  • Forex holidays in Sao Tome and Principe
  • Forex holidays in Saudi Arabia
  • Forex holidays in Senegal
  • Forex holidays in Serbia
  • Forex holidays in Seychelles
  • Forex holidays in Sierra Leone
  • Forex holidays in Singapore
  • Forex holidays in Slovakia
  • Forex holidays in Slovenia
  • Forex holidays in the  Solomon Islands
  • Forex holidays in Somalia
  • Forex holidays in South Africa
  • Forex holidays in South Korea
  • Forex holidays in South Sudan
  • Forex holidays in Spain
  • Forex holidays in Sri Lanka
  • Forex holidays in Sudan
  • Forex holidays in Suriname
  • Forex holidays in Sweden
  • Forex holidays in Switzerland
  • Forex holidays in Syria
  • Forex holidays in Tajikistan
  • Forex holidays in Tanzania
  • Forex holidays in Thailand
  • Forex holidays in Timor-Leste
  • Forex holidays in Togo
  • Forex holidays in Tonga
  • Forex holidays in Trinidad and Tobago
  • Forex holidays in Tunisia
  • Forex holidays in Turkey
  • Forex holidays in Turkmenistan
  • Forex holidays in Tuvalu
  • Forex holidays in Uganda
  • Forex holidays in Ukraine
  • Forex holidays in the United Arab Emirates
  • Forex holidays in the United Kingdom
  • Forex holidays in the United States of America
  • Forex holidays in Uruguay
  • Forex holidays in Uzbekistan
  • Forex holidays in Vanuatu
  • Forex holidays in Venezuela
  • Forex holidays in Vietnam
  • Forex holidays in Yemen
  • Forex holidays in Zambia
  • Forex holidays in Zimbabwe

The Concept of Forex Market Holidays

The Forex market is an international decentralized or over-the-counter (OTC) market for the trading of currencies. Since it involves various currencies worldwide, it doesn’t close down entirely on any day except weekends. However, when discussing Forex market holidays, we refer to the days when major financial markets worldwide are closed for a holiday.

The four primary Forex trading centers globally are New York, London, Tokyo, and Sydney. Each of these centers follows its schedule and observes its holidays. Therefore, when a significant market is observing a holiday, the overall trading volume in the Forex market decreases, which can lead to lower liquidity and higher volatility.

Major Forex Market Holidays

Here is an overview of the significant holidays observed by the four primary financial markets:

1. New York (U.S. Market)

  • New Year’s Day (January 1)
  • Martin Luther King Jr. Day (third Monday in January)
  • Presidents’ Day (third Monday in February)
  • Good Friday (varies, March or April)
  • Memorial Day (last Monday in May)
  • Independence Day (July 4)
  • Labor Day (the first Monday in September)
  • Thanksgiving Day (the fourth Thursday in November)
  • Christmas Day (December 25)

2. London (U.K. Market)

  • New Year’s Day (January 1)
  • Good Friday (varies, March or April)
  • Easter Monday (varies, March or April)
  • Early May Bank Holiday (first Monday in May)
  • Spring Bank Holiday (last Monday in May)
  • Summer Bank Holiday (last Monday in August)
  • Christmas Day (December 25)
  • Boxing Day (December 26)

3. Tokyo (Japanese Market)

  • New Year’s Day (January 1)
  • Coming of Age Day (second Monday in January)
  • Foundation Day (February 11)
  • Emperor’s Birthday (February 23)
  • Vernal Equinox Day (around March 20)
  • Showa Day (April 29)
  • Constitution Memorial Day (May 3)
  • Greenery Day (May 4)
  • Children’s Day (May 5)
  • Marine Day (the third Monday in July)
  • Mountain Day (August 11)
  • Respect for the Aged Day (third Monday in September)
  • Autumnal Equinox Day (around September 23)
  • Health and Sports Day (second Monday in October)
  • Culture Day (November 3)
  • Labour Thanksgiving Day (November 23)

4. Sydney (Australian Market)

  • New Year’s Day (January 1)
  • Australia Day (January 26)
  • Good Friday (varies, March or April)
  • Easter Monday (varies, March or April)
  • Anzac Day (April 25)
  • Queen’s Birthday (second Monday in June)
  • Christmas Day (December 25)
  • Boxing Day (December 26)

It’s important to note that if a holiday falls on a weekend, the market may be closed or have modified hours on the nearest weekday.

The Impact of Forex Market Holidays

Forex market holidays can impact the market in several ways:

  1. Reduced Liquidity: When a significant financial market is closed for a holiday, it decreases global Forex trading volume, resulting in reduced liquidity. This means trades may not be executed as quickly or smoothly as during regular trading hours.
  2. Higher Volatility: Reduced liquidity can also lead to higher volatility. With fewer traders in the market, price swings can become more exaggerated, leading to increased risk and potential for both gains and losses.
  3. Wider Spreads: Forex brokers may increase the spread (the difference between the buy and sell price of a currency pair) during holiday periods due to reduced liquidity and higher volatility.

Conclusion

Understanding Forex market holidays and their impact on market conditions is crucial for Forex traders. Holidays can affect liquidity, volatility, and spreads, all of which can influence the success of trades. While the Forex market itself doesn’t close on these holidays, the reduced activity can create unique trading conditions that traders should prepare for. Therefore, keeping an eye on the international holiday calendar and adjusting your trading strategy accordingly is always recommended.

 

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