Compare AUD/ZAR Exchange Rates
The below table is a snapshot of the costs charged by FX specialists and banks for AUD/ZAR International Money Transfers. Costs are calculated against the amount when AUD is converted to ZAR at mid-rate.
AUD-ZAR Foreign Transfers - Compare
| Foreign Transfer Providers Ratings & Reviews | Receive ZAR(R) | Exchange Rate | Fee AUD | Total Cost | Transfer Services | Transfer Speed | Deal Links |
|---|---|---|---|---|---|---|---|
   TorFX provide no fee transfers with good exchange rates and excellent customer service. More info▾ | 101,400 ZAR Best Overall | 10.14 | 0 | 1.35% | Bank Transfers - Online & Phone | 1-2 days | |
 OFX exchange rates are highly competitive for global money transfers, great customer service. ^Zero transfer fees for BestExchangeRates customers. More info▾ | 101,500 ZAR 100 ZAR | 10.15 | 0^ | 1.26% | Bank Transfers - Online & Phone | 1-2 days | |
Banks - Average Rate       Average rate from selected banks. Click icons for each bank's costs. More info▾ | 98,532 ZAR 2,868 ZAR | 9.8707 | 15 | 4.14% | Online, Branch, Bank Transfers | 2-3 days |
The below table shows a snapshot of the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.
ZAR Travel Money - Compare
| Travel Money Providers Ratings & Reviews | Amount ZAR(R) | Exchange Rate | Fee AUD | Total Cost | Currency Services | Delivery/Collect | Deal Links |
|---|---|---|---|---|---|---|---|
 Get better rates when you order online (via Travelex) for pickup at your local AusPost branch. More info▾ | 9,919.3 ZAR 199 ZAR | 9.9193 | $0 BPay, Card 0.72%-1% | 3.5% | Online order, Branch pickup, $10 fee for orders under $1000 | 2-3 days | |
Banks - Average Rate Average rate from selected banks. Click icons for each bank's costs. More info▾ | 9,726 ZAR 392 ZAR | 9.8411 | 10 | 5.38% | Branch | - | |
 Get great travel money rates from Travelex when you order online. More info▾ | 9,529.9 ZAR 588 ZAR | 9.5299 | $0 BPay, Card 0.72%-1% | 7.29% | Online order, Branch pickup, Home delivery | 2-3 days |
AUD to ZAR interbank exchange rate = 10.2621
Right now the AUD/ZAR interbank exchange rate is 10.2621. It’s also called the mid-market rate or just the mid-rate and is the rate that banks use when trading large amounts of foreign currencies with one another.
It's the reference rate we use to calculate how much you are being charged to convert South African Rand to Australian Dollar.
This AUD/ZAR Converter calculates equivalent Australian Dollar to South African Rand amounts at the market mid-rate. You can also enter your own rates to find out the percentage difference to the latest market rates you are being charged.
AUD / ZAR converter & margin calculator
Compare how much you can save on
AUD/ZAR exchange rates for:
Australian Dollar |
South African Rand |
|---|---|
| 10 AUD | 102.62 ZAR |
| 100 AUD | 1,026.21 ZAR |
| 1,000 AUD | 10,262.10 ZAR |
| 2,000 AUD | 20,524.20 ZAR |
| 10,000 AUD | 102,621.00 ZAR |
| See more | |
Australian Dollar |
South African Rand |
|---|---|
| 0.9745 AUD | 10 ZAR |
| 9.7446 AUD | 100 ZAR |
| 97.45 AUD | 1,000 ZAR |
| 194.89 AUD | 2,000 ZAR |
| 974.46 AUD | 10,000 ZAR |
| See more | |
| ZAR Country Guides |
|---|
 South Africa |
Australian Dollar to South African Rand (AUD-ZAR) - 10 Year History
The below table shows the historic variation in the AUD/ZAR exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of AUD versus other currencies : AUD historical charts.
| Date | Exchange Rate | Period | Change |
|---|---|---|---|
| 19 Mar 2019 | 10.2534 | Latest | |
| 12 Mar 2019 | 10.1385 | 1 Week | +1.13% |
| 17 Feb 2019 | 10.0661 | 1 Month | +1.86% |
| 20 Sep 2018 | 10.4279 | 6 Months | -1.67% |
| 19 Mar 2018 | 9.2660 | 1 Year | +10.66% |
| 19 Mar 2017 | 9.7980 | 2 Years | +4.65% |
| 20 Mar 2014 | 9.8288 | 5 Years | +4.32% |
| 21 Mar 2009 | 6.6338 | 10 Years | +54.56% |
Why can't I just get the AUD/ZAR market rate I see on Google or in the Media?
The AUD/ZAR mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the AUD / ZAR was traded (bought or sold) in the international markets.
Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.
The closer your final exchange rate is to the market AUD/ZAR midrate the better deal you are getting.
Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.
The three things you need in order to get a good AUD to ZAR exchange rate
- Know the latest AUD/ZAR market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
- Compare your Bank's transaction costs
to several
licensed FX providers, remember to compare
the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions. - Review up-to-date Currency News and Forecasts for both the and currencies, if available.
Currency news and forecasts for Australian Dollar and South African Rand
Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.
So it follows that if you are determining the best time to transact, in this case the AUD vs ZAR, you should pay attention to both Australian Dollar and South African Rand news and forecasts.
Australian Dollar (AUD) - Market news and forecasts
Following a flash crash in early January, which saw the Australian dollar briefly trade at a 10-year low of $0.674, the Aussie recovered to $0.73, but then, as it had done before the flash crash, it commenced with a slow and steady decline, and it was back at $0.705 in mid-March and was predicted to fall further.
In February, HSBC predicted a year-end AUD/USD rate of $0.66. In March, Westpac and JP Morgan were slightly more upbeat and argued for $0.68.
Fuelling lower exchange rate forecasts is the Australian economic story, for which major themes include a housing market slump, Chinese growth and the US-China trade spat. The RBA slashed growth forecasts in February and markets are now pricing in 1-2 interest rate cuts this year.
Another Aussie exchange rate worth mentioning is AUD/GBP, which sank in mid-March to its lowest level in nearly 3 years, at just £0.53. The Australian dollar has been unable to compete with the pound of late, since the latter benefits every time the British government fails to make a decision on how to deliver Brexit (every time Brexit appears less likely or to be delayed).
South African Rand (ZAR) - Market news and forecasts
18-January-19: 2018 was a grim year for the rand: it lost 14 percent of its value against the US dollar, lost nearly 10 percent against the euro, and lost 4.4 percent against the Australian dollar.
Though the rand has had a good start to 2019 (by January-18 it was up 2-3 percent against many major currencies), its outlook took a disappointing turn in January following a dovish meeting of the South African Reserve Bank.
At its meeting, the SARB pointed to significant improvements to the inflation outlook in South Africa, and indicated that this meant less of an incentive to raise interest rates. The SARB predicted only one further increase in rates between now and the end of 2021, down from a predicted three increases in November.
In addition, 2019’s general election will undoubtedly add uncertainty given the divisions within South Africa's ruling ANC party, and uncertainty usually leads to lower currency prices.
In mid-January, year-end forecasts offered by TradingEconomics.com signalled rand weakness worth nearly 10 percent from levels at the time of writing. USD/ZAR will end 2019 at 15.31, TE has said, and EUR/ZAR will end at 17.14.
