Money Transfer to South Africa - Best Exchange Rates

What's The Best Way to Send Money to South Africa?

To send international money transfers to South Africa, you will need a foreign exchange broker for south african rands transfer. Please see following live interbank exchange rates for South Africa money transfers:

	Canada to South Africa	1 CAD = 10.202 ZAR	Money transfer to South Africa from Canada
	UK to South Africa	1 GBP = 17.809 ZAR	Money transfer to South Africa from UK
	USA to South Africa	1 USD = 13.453 ZAR	Money transfer to South Africa from USA
	Australia to South Africa	1 AUD = 10.009 ZAR	Money transfer to South Africa from Australia
	France to South Africa	1 EUR = 15.57 ZAR	Money transfer to South Africa from France
	Italy to South Africa	1 EUR = 15.57 ZAR	Money transfer to South Africa from Italy
	New Zealand to South Africa	1 NZD = 9.335 ZAR	Money transfer to South Africa from New Zealand
	Spain to South Africa	1 EUR = 15.57 ZAR	Money transfer to South Africa from Spain
	Thailand to South Africa	1 THB = 0.411 ZAR	Money transfer to South Africa from Thailand
	Turkey to South Africa	1 TRY = 2.849 ZAR	Money transfer to South Africa from Turkey
	UAE to South Africa	1 AED = 3.663 ZAR	Money transfer to South Africa from UAE
	Germany to South Africa	1 EUR = 15.57 ZAR	Money transfer to South Africa from Germany
	India to South Africa	1 INR = 0.198 ZAR	Money transfer to South Africa from India

Please note: exchange rates above are those used between banks and not available for the average consumer! You have two options when looking to source the best way to transfer money into South Africa's currency of ZAR. You can use a high street bank or a foreign exchange broker. When comparing services you'll need to check if there are any transaction fees, in addition to the ZAR exchange rate being offered. By using a specialist currency broker, you'll often find the money transfer service is fee-free, and can have better than bank exchange rates. Forex brokers also offer benefits over the banks such as dedicated FX managers, the ability to lock in an exchange rate for your south african rands and low margins.

Related News From Our FX Editorial Staff

• 9 Mar at 4 PM 2018 - Pound Euro (GBP/EUR) Exchange Rate Rises as Draghi Downplays Latest ECB Rate Meeting

  - ECB Removes Easing Bias but Extends QE Measures until SEPTEMBER – Euro (EUR) Exchange Rates Suffer - The Pound Euro (GBP/EUR) exchange rate climbed on Friday, capitalising on comments from European Central Bank (ECB) President Mario Draghi which downplayed the bank’s decision to remove its easing bias in the March statement. The removal of said bias was initially deemed a hawkish indication from the central bank, with markets leaping at the prospect that the ECB was preparing to...

• 6 Mar at 5 PM 2018 - Euro to US Dollar Exchange Rate Jumps as Risk-Sentiment Pressures US Dollar

  Despite Eurozone political uncertainties and a lack of particularly impressive Eurozone ecostats in recent sessions, the Euro to US Dollar (EUR/USD) exchange rate easily surged on Tuesday thanks to political news made investors less eager to hold on to ‘safe haven’ currencies like the US Dollar. If market demand for ‘safe haven’ currencies remains low, EUR/USD could see stronger gains this week. Last week the pair only edged slightly higher from 1.2293 to 1.2316, but since Monday has...

• 1 Mar at 3 PM 2018 - British Pound to Euro Exchange Rate Recovery Limited Ahead of Friday’s Key Brexit Speech

  Thanks to some decent UK ecostats, the British Pound to Euro exchange rate edged higher from its worst levels on Thursday. However, as investors anticipated a major Brexit speech from UK Prime Minister Theresa May on Friday, the Pound has only had limited appeal against the Euro. Since opening this week at the level of 1.1361, GBP/EUR has generally trended lower. On Wednesday the pair reacted to the latest Brexit developments by shedding almost a cent and hitting a two-week-low of 1.1269,...