AUD to ZAR mid-rate = 9.9247
Right now the AUD/ZAR market mid-rate is 9.9247 and represents ideally how many South African Rand you can get for one Australian Dollar.
You can calculate equivalent Australian Dollar to South African Rand currency amounts (at mid-rate) below. Then select the transaction type to compare the best exchange rates available for AUD to ZAR transfers or buying ZAR travel money.
AUD / ZAR Converter
9.9247 South African Rand
Compare how much you can save on
AUD/ZAR exchange rates for:
| 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 Jan 2019 | 9.9247 | Latest | |
| 12 Jan 2019 | 9.9844 | 1 Week | -0.6% |
| 20 Dec 2018 | 10.2349 | 1 Month | -3.03% |
| 23 Jul 2018 | 9.9356 | 6 Months | -0.11% |
| 19 Jan 2018 | 9.7495 | 1 Year | +1.8% |
| 19 Jan 2017 | 10.2563 | 2 Years | -3.23% |
| 20 Jan 2014 | 9.5679 | 5 Years | +3.73% |
| 21 Jan 2009 | 6.6572 | 10 Years | +49.08% |
Best Rates for AUD/ZAR Transfers and Travel Money
The total transaction cost you will be charged is the margin from the mid-rate offered by your foreign exchange provider plus any fixed or percentage fees. These margins and fees will vary significantly for International Money Transfers and Travel Money transactions.
You can see a sample of the margins from mid-rate in the table below which shows an example of the costs charged by FX specialist and the average bank rate when sending money transfers from AUD to ZAR.
Foreign Transfers - Exchange Rate Comparison
| Foreign Transfer Providers Ratings & Reviews | Receive ZAR(R) | Exchange Rate | Fee AUD | Total Cost | Transfer Services | Transfer Speed | Deal Links |
|---|---|---|---|---|---|---|---|
  OFX exchange rates are highly competitive for global money transfers, great customer service. ^Zero transfer fees for BestExchangeRates customers. More▾ | 97,546 ZAR Value & Rating | 9.7546 | 0^ | 1.71% | Bank Transfers - Online & Phone | 1-2 days | |
 TorFX provide no fee transfers with good exchange rates and excellent customer service. More▾ | 97,498 ZAR R48 less | 9.7498 | 0 | 1.76% | Bank Transfers - Online & Phone | 1-2 days | |
Banks - Average Rate      Average rate from these selected Banks. Click icons to see each bank's individual rate and fee. More▾ | 94,301 ZAR R3,245 less | 9.4464 | 15 | 4.98% | Online, Branch, Bank Transfers | 2-3 days |
The below table shows an example of the margins and possible savings when you order travel money online with a currency specialist versus the average bank, kiosk or post office rate to buy foreign cash.
Travel Money - Exchange Rate Comparison
| 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▾ | 9,577.3 ZAR Value & Rating | 9.5773 | $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 these selected Banks. Click icons to see each bank's individual rate and fee. More▾ | 9,303 ZAR R274 less | 9.4158 | 10 | 6.27% | Branch | - | |
 Get great travel money rates from Travelex when you order online. More▾ | 9,161.6 ZAR R416 less | 9.1616 | $0 BPay, Card 0.72%-1% | 7.69% | Online order, Branch pickup, Home delivery | 2-3 days |
Order
OrderWhy 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
17-January-19: The Australian dollar recovered strongly following a "flash crash" in early January which saw it briefly trade at a 10-year low of 67.4 US cents.
By the time of this report, AUD/USD was back at 72 cents and roughly in line with December’s median exchange rate. The Aussie was similarly strong against other major currencies following its mini crash.
Several months ago, most analysts agreed that the Aussie was heading higher in 2019, but things have changed. In recent months, investors have become increasingly certain that no increase to Australian interest rates will be seen until 2020; there is, in fact, now a 25 percent chance of an RBA cut, per derivatives pricing. Inaction on interest rates will force capital away from Australia and towards countries where rates are higher or are expected to increase.
One senior researcher at BNP Paribas said in January that the Australian dollar would “get absolutely crucified and could suffer a 25-30 percent [long-term] fall.”
In opposition to that view, at least relative to the US dollar, was a CIBC analyst, who said that at current levels the Aussie was “very undervalued” and was his “best bet” for 2019. The analyst’s view was based upon there being a positive resolution to the US-China trade spat. The Aussie could be worth as much as 78 US cents in the second half of 2019, the analyst said.
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.
