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AUD to ZAR - Rate Guide

Australian Dollar to South African Rand exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

AUD/ZAR update & alerts

1 AUD = 10 ZAR

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AUD to ZAR - Trading Range (90 Day)
no alerts
90-DAY TREND: At 10 AUD/ZAR is trading 1% below the average 10.1 with a range 9.91 to 10.41. There are no current alerts.
Update: 06-Dec 16:01-EST 21:01-GMT 08:01-AEDT(+1D)

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AUD/ZAR Exchange Rates and Providers Compared

This guide to the Australian Dollar to South African Rand exchange rate with 90-day chart & alerts, historic rates, forecasts and AUD to ZAR comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. If you want to calculate equivalent amounts in foreign currencies or rate margins then use our AUD/ZAR Quick Calculator.

Exchange rates can vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for AUD/ZAR International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
Foreign Transfer ProvidersReceive ZAR(R)Exchange RateFee AUDTotal CostDeal Links
TorFX logo
R97,903
Best Overall
9.790302.12%
OFX (OzForex) logo
R98,001
R98 more
9.80010^2.02%
WorldFirst logo
R99,520
R1,617 more
9.95200.5%
BankSA International Money Transfers
BankSA logo
R96,326
R1,577 less
9.651920.013.69%
Commonwealth Bank (CBA) logo
R96,218
R1,685 less
9.62766 3.8%
St George Bank logo
R95,988
R1,915 less
9.618204.03%
ANZ Bank logo
R95,933
R1,970 less
9.6106184.09%
Banks - Average Rate
National Australia Bank (nab) logo Westpac logo ANZ Bank logo Commonwealth Bank (CBA) logo St George Bank logo BankSA logo
R95,793
R2,110 less
9.5963154.23%
National Australia Bank (nab) logo
R95,731
R2,172 less
9.5942224.29%
Westpac logo
R94,563
R3,340 less
9.4753205.46%
 

TorFX logo

TorFX: Foreign Transfer AUD→ZAR
From Amount (AUD)A$10,000
Fee:0
Exchange Rate:9.7903 (2.12% from mid-rate)
To Amount (ZAR) R97,903
Total Cost:2.12%
Time:6:00 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
 

OFX (OzForex) logo

OFX (OzForex): Foreign Transfer AUD→ZAR
From Amount (AUD)A$10,000
Fee:0^ - No fees for BestExchangeRates users (normally $15 for transfers over $10K)
Exchange Rate:9.8001 (2.02% from mid-rate)
To Amount (ZAR) R98,001
Total Cost:2.02%
Difference:
R98 ZAR more than using TorFX
Time:
Rate Fetched: Sat Dec 07 2019 06:00:40 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 

WorldFirst logo

WorldFirst: Foreign Transfer AUD→ZAR
From Amount (AUD)A$10,000
Fee:
Exchange Rate:9.9520 (0.5% from mid-rate)
To Amount (ZAR) R99,520
Total Cost:0.5%
Difference:
R1,617 ZAR more than using TorFX
Time:6:00 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
 

BankSA logo

BankSA: Foreign Transfer AUD→ZAR
From Amount (AUD)A$10,000
Fee:20.01
Exchange Rate:9.6519 (3.5% from mid-rate)
To Amount (ZAR) R96,326
Total Cost:3.69%
Difference:
R1,577 ZAR less than using TorFX
Time:
Rate Fetched: website - 6:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Commonwealth Bank (CBA) logo

Commonwealth Bank (CBA): Foreign Transfer AUD→ZAR
From Amount (AUD)A$10,000
Fee:6
Exchange Rate:9.6276 (3.74% from mid-rate)
To Amount (ZAR) R96,218
Total Cost:3.8%
Difference:
R1,685 ZAR less than using TorFX
Time:
Rate Fetched: website - Sat Dec 07 2019 05:02:02 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1.2/5.0
Reviews:
 

St George Bank logo

St George Bank: Foreign Transfer AUD→ZAR
From Amount (AUD)A$10,000
Fee:20
Exchange Rate:9.6180 (3.84% from mid-rate)
To Amount (ZAR) R95,988
Total Cost:4.03%
Difference:
R1,915 ZAR less than using TorFX
Time:
Rate Fetched: website - 6:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 

ANZ Bank logo

ANZ Bank: Foreign Transfer AUD→ZAR
From Amount (AUD)A$10,000
Fee:18
Exchange Rate:9.6106 (3.91% from mid-rate)
To Amount (ZAR) R95,933
Total Cost:4.09%
Difference:
R1,970 ZAR less than using TorFX
Time:
Rate Fetched: website - Sat Dec 07 2019 05:03:03 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 3/5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer AUD→ZAR
From Amount (AUD)A$10,000
Fee:15
Exchange Rate:9.7167 (2.85% from mid-rate)
To Amount (ZAR) R95,793
Total Cost:4.23%
Difference:
R2,110 ZAR less than using TorFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

National Australia Bank (nab) logo

National Australia Bank (nab): Foreign Transfer AUD→ZAR
From Amount (AUD)A$10,000
Fee:22
Exchange Rate:9.5942 (4.08% from mid-rate)
To Amount (ZAR) R95,731
Total Cost:4.29%
Difference:
R2,172 ZAR less than using TorFX
Time:
Rate Fetched: website - Sat Dec 07 2019 05:05:03 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2.1/5.0
Reviews:
 

Westpac logo

Westpac: Foreign Transfer AUD→ZAR
From Amount (AUD)A$10,000
Fee:20
Exchange Rate:9.4753 (5.27% from mid-rate)
To Amount (ZAR) R94,563
Total Cost:5.46%
Difference:
R3,340 ZAR less than using TorFX
Time:
Rate Fetched: website - Fri Dec 06 2019 21:30:05 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2/5.0
Reviews:
 
Snapshot 12/07/2019 - See full table

Example 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.

Travel Money ProvidersAmount ZAR(R)Exchange RateFee AUDTotal CostDeal Links
Australia Post logo
R9,651.9
Best Overall
9.6519$0 BPay, Card 0.72%-1%3.5%
ANZ Bank logo
R9,514.49
R137 less
9.6106A$104.87%
BankSA Foreign Currency
BankSA logo
R9,507.12
R145 less
9.6519A$154.95%
Commonwealth Bank (CBA) logo
R9,476.08
R176 less
9.5718A$105.26%
Banks - Average Rate
Westpac logo ANZ Bank logo Commonwealth Bank (CBA) logo St George Bank logo National Australia Bank (nab) logo BankSA logo
R9,445
R207 less
9.5567105.57%
St George Bank logo
R9,418.77
R233 less
9.5622A$155.83%
Westpac logo
R9,380.55
R271 less
9.4753A$106.21%
National Australia Bank (nab) logo
R9,373.82
R278 less
9.4685106.28%
Travelex Online AU logo
R9,244.2
R408 less
9.2442$0 BPay, Card 0.72%-1%7.58%
Foreign Xchange logo
R9,171.8
R480 less
9.1718$10 Home Delivery & AusPost collect8.3%
 

Australia Post logo

Australia Post: Travel Money AUD→ZAR
From Amount (AUD)A$1,000
Fee:$0 BPAY, 0.77% MasterCard debit, 0.94% MasterCard credit, 0.72% Visa debit and 1% Visa credit
Exchange Rate:9.6519 (3.5% from mid-rate)
To Amount (ZAR) R9,651.9
Total Cost:3.5%
Time:6:01 Local
Currency Services:Online order, Branch pickup, $10 fee for orders under $1000
Delivery/Collect:2-3 days
Rating:
 
: 4/5.0
Reviews:
 

ANZ Bank logo

ANZ Bank: Travel Money AUD→ZAR
From Amount (AUD)A$1,000
Fee:A$10 AUD (1%)
Exchange Rate:9.6106 (3.91% from mid-rate)
To Amount (ZAR) R9,514.49
Total Cost:4.87%
Time:
Rate Fetched: website - Sat Dec 07 2019 05:03:03 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 3/5.0
Reviews:
 

BankSA logo

BankSA: Travel Money AUD→ZAR
From Amount (AUD)A$1,000
Fee:A$15 AUD (Minimum fee)
Exchange Rate:9.6519 (3.5% from mid-rate)
To Amount (ZAR) R9,507.12
Total Cost:4.95%
Time:
Rate Fetched: website - 6:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Commonwealth Bank (CBA) logo

Commonwealth Bank (CBA): Travel Money AUD→ZAR
From Amount (AUD)A$1,000
Fee:A$10 AUD (1%)
Exchange Rate:9.5718 (4.3% from mid-rate)
To Amount (ZAR) R9,476.08
Total Cost:5.26%
Time:
Rate Fetched: website - Sat Dec 07 2019 05:02:02 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1.2/5.0
Reviews:
 

Banks - Average Rate

Travel Money AUD→ZAR
From Amount (AUD)A$1,000
Fee:10
Exchange Rate:9.5072 (4.95% from mid-rate)
To Amount (ZAR) R9,445
Total Cost:5.57%
Currency Services:Branch
Delivery/Collect:-
 

St George Bank logo

St George Bank: Travel Money AUD→ZAR
From Amount (AUD)A$1,000
Fee:A$15 AUD (Minimum fee)
Exchange Rate:9.5622 (4.4% from mid-rate)
To Amount (ZAR) R9,418.77
Total Cost:5.83%
Time:
Rate Fetched: website - 6:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 

Westpac logo

Westpac: Travel Money AUD→ZAR
From Amount (AUD)A$1,000
Fee:A$10 AUD (1%)
Exchange Rate:9.4753 (5.27% from mid-rate)
To Amount (ZAR) R9,380.55
Total Cost:6.21%
Time:
Rate Fetched: website - Fri Dec 06 2019 21:30:05 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 2/5.0
Reviews:
 

National Australia Bank (nab) logo

National Australia Bank (nab): Travel Money AUD→ZAR
From Amount (AUD)A$1,000
Fee:10
Exchange Rate:9.4685 (5.33% from mid-rate)
To Amount (ZAR) R9,373.82
Total Cost:6.28%
Time:
Rate Fetched: website - 6:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 2.1/5.0
Reviews:
 

Travelex Online AU logo

Travelex Online AU: Travel Money AUD→ZAR
From Amount (AUD)A$1,000
Fee:$0 BPAY, 0.77% MasterCard debit, 0.94% MasterCard credit, 0.72% Visa debit and 1% Visa credit
Exchange Rate:9.2442 (7.58% from mid-rate)
To Amount (ZAR) R9,244.2
Total Cost:7.58%
Time:
Rate Fetched: Sat Dec 07 2019 06:00:05 GMT+0000 (UTC)
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 

Foreign Xchange logo

Foreign Xchange: Travel Money AUD→ZAR
From Amount (AUD)A$1,000
Fee:$10 Home Delivery & AusPost collect, No other Fees
Exchange Rate:9.1718 (8.3% from mid-rate)
To Amount (ZAR) R9,171.8
Total Cost:8.3%
Time:6:01 Local
Currency Services:Order online. Home Delivery and Australia Post Collection for a flat $10 fee
Delivery/Collect:3 business days
Rating:
 
: 4/5.0
Reviews:
 
Snapshot 12/07/2019 - See full table

AUD and ZAR in the Markets

When determining the best time to make a foreign exchange transaction, in this case the AUD vs ZAR, you should pay attention to the recent market trends for both currencies.

Australian Dollar (AUD)

In November it was all downhill traffic for the Australian dollar dropping back from highs close to 70c at the beginning of the month to around 67c against the USD by month end. At the end of October the AUD had surged to a three month high against the US dollar following the third rate cut in a year by the US Federal Reserve. The gains were mainly due to the fall in the US dollar after the market sensed that US rates are more likely to rise now than fall further.

The RBA also added to the positive sentiment with an optimistic assessment of easing risks from the US-China trade war and Brexit. Accordingly markets are pulling back from bets that the cash rate will drop to 0.5 per cent and the possible start of quantitative easing.

Interestingly, AUD has decoupled from commodity prices in 2019. The price of iron ore (Australia’s largest export) nears multi-year highs while AUD languishes.

Further RBA interest rate cuts this year are now a certainty, and that doesn’t bode well for currency valuations. Westpac has predicted three cuts this year.

Read more in the article AUD Forecasts.

 

South African Rand (ZAR)

2018 was a grim year for the rand: it lost 14 percent of its value against the US dollar and lost 10 percent against the euro.

Stability returned in the first 5 months of 2019, with no change against the dollar and a 2 percent gain versus the euro.

Talk in May was all about the election, which was again won by the ANC party, led by Cyril Ramaphosa. This spurred a relief rally in the rand, but a serious fall in support for the ANC since 2014 suggests Ramaphosa will struggle implementing much-needed economic reforms.

With the election out of the way, analysts at Deutsche Bank are expecting the rand to weaken throughout the rest of the year.

"We think [rand] optimism will prove short-lived as the market quickly refocuses on deteriorating fundamentals," Deutsche said.

Why can't I just get the AUD/ZAR market rate I see online or in the media?

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the AUD / ZAR was traded (bought or sold) in the international markets.

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

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.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

We help you Compare & Save Money on Exchange Rates.

 

View all AUD Exchange Rates