Loading...

Home pages - full list (A-Z)

EUR to ZAR - Rate Guide

Euro 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.

 

EUR/ZAR update & alerts

1 EUR = 16.51 ZAR

At 16.51 EUR/ZAR was trading near its 90-DAY average 16.48 with HIGH-LOW 17.21-15.46. There are currently no alerts. Updated: 14:11-AEDT 04:11-BST 23:11-EDT
 

More Charts

EUR/ZAR Exchange Rates and Providers Compared

This guide to the Euro to South African Rand exchange rate with 90-day chart & alerts, historic rates, forecasts and EUR to ZAR comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. Calculate amounts and rate margins with the EUR/ZAR 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 EUR/ZAR International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
  

EUR to ZAR International Money Transfers

  

Foreign Transfer ProvidersReceive ZAR(R)Exchange RateFee EURTotal CostDeal Links
OFX logo
R80,750
Best Overall
16.150 for BER users (normally $15)2.18%
WorldFirst logo
R82,150
R1,400 more
16.4300.49%
TorFX logo
R80,650
R100 less
16.1302.3%
HSBC logo
R79,031
R1,719 less
15.83€7.54.26%
Deutsche Bank International Money Transfers
Deutsche Bank logo
R78,309
R2,441 less
15.82€505.14%
Citibank International Money Transfers
Citibank logo
R78,262
R2,488 less
15.69125.2%
Santander International Money Transfers
Santander logo
R77,788
R2,962 less
15.62205.77%
Banks - Average Rate
Deutsche Bank logo Santander logo Citibank logo Sparkasse Bank logo HSBC logo Bank of Ireland logo Crédit Agricole logo AIB Bank logo BNP Paribas logo
R77,434
R3,316 less
15.59126.2%
Bank of Ireland International Money Transfers
Bank of Ireland logo
R77,319
R3,431 less
15.62€506.34%
BNP Paribas International Money Transfers
BNP Paribas logo
R77,220
R3,530 less
15.6€506.46%
Crédit Agricole International Money Transfers
Crédit Agricole logo
R76,775
R3,975 less
15.51€507%
AIB Bank International Money Transfers
AIB Bank logo
R76,428
R4,322 less
15.44€507.42%
Sparkasse Bank International Money Transfers
Sparkasse Bank logo
R75,772
R4,978 less
15.2158.21%
 

OFX logo

OFX: Foreign Transfer EUR→ZAR
From Amount (EUR)€5,000
Fee:0 for BER users (normally $15)
Exchange Rate:16.15 (2.18% from mid-rate)
To Amount (ZAR) R80,750
Total Cost:2.18%
Time:
Rate Fetched: Sat Oct 19 2019 17:12:16 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 EUR→ZAR
From Amount (EUR)€5,000
Fee:
Exchange Rate:16.43 (0.49% from mid-rate)
To Amount (ZAR) R82,150
Total Cost:0.49%
Difference:
R1,400 ZAR more than using OFX
Time:18:02 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
 

TorFX logo

TorFX: Foreign Transfer EUR→ZAR
From Amount (EUR)€5,000
Fee:0
Exchange Rate:16.13 (2.3% from mid-rate)
To Amount (ZAR) R80,650
Total Cost:2.3%
Difference:
R100 ZAR less than using OFX
Time:18:02 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
 

HSBC logo

HSBC: Foreign Transfer EUR→ZAR
From Amount (EUR)€5,000
Fee:€7.5 EUR (.15%)
Exchange Rate:15.83 (4.12% from mid-rate)
To Amount (ZAR) R79,031
Total Cost:4.26%
Difference:
R1,719 ZAR less than using OFX
Time:18:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Deutsche Bank logo

Deutsche Bank: Foreign Transfer EUR→ZAR
From Amount (EUR)€5,000
Fee:€50 EUR (1%)
Exchange Rate:15.82 (4.18% from mid-rate)
To Amount (ZAR) R78,309
Total Cost:5.14%
Difference:
R2,441 ZAR less than using OFX
Time:18:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Citibank logo

Citibank: Foreign Transfer EUR→ZAR
From Amount (EUR)€5,000
Fee:12
Exchange Rate:15.69 (4.97% from mid-rate)
To Amount (ZAR) R78,262
Total Cost:5.2%
Difference:
R2,488 ZAR less than using OFX
Time:18:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Santander logo

Santander: Foreign Transfer EUR→ZAR
From Amount (EUR)€5,000
Fee:20
Exchange Rate:15.62 (5.39% from mid-rate)
To Amount (ZAR) R77,788
Total Cost:5.77%
Difference:
R2,962 ZAR less than using OFX
Time:18:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2/5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer EUR→ZAR
From Amount (EUR)€5,000
Fee:12
Exchange Rate:15.57 (5.69% from mid-rate)
To Amount (ZAR) R77,434
Total Cost:6.2%
Difference:
R3,316 ZAR less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

Bank of Ireland logo

Bank of Ireland: Foreign Transfer EUR→ZAR
From Amount (EUR)€5,000
Fee:€50 EUR (1%)
Exchange Rate:15.62 (5.39% from mid-rate)
To Amount (ZAR) R77,319
Total Cost:6.34%
Difference:
R3,431 ZAR less than using OFX
Time:18:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

BNP Paribas logo

BNP Paribas: Foreign Transfer EUR→ZAR
From Amount (EUR)€5,000
Fee:€50 EUR (1%)
Exchange Rate:15.6 (5.51% from mid-rate)
To Amount (ZAR) R77,220
Total Cost:6.46%
Difference:
R3,530 ZAR less than using OFX
Time:18:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Crédit Agricole logo

Crédit Agricole: Foreign Transfer EUR→ZAR
From Amount (EUR)€5,000
Fee:€50 EUR (1%)
Exchange Rate:15.51 (6.06% from mid-rate)
To Amount (ZAR) R76,775
Total Cost:7%
Difference:
R3,975 ZAR less than using OFX
Time:18:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

AIB Bank logo

AIB Bank: Foreign Transfer EUR→ZAR
From Amount (EUR)€5,000
Fee:€50 EUR (1%)
Exchange Rate:15.44 (6.48% from mid-rate)
To Amount (ZAR) R76,428
Total Cost:7.42%
Difference:
R4,322 ZAR less than using OFX
Time:18:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Sparkasse Bank logo

Sparkasse Bank: Foreign Transfer EUR→ZAR
From Amount (EUR)€5,000
Fee:15
Exchange Rate:15.2 (7.94% from mid-rate)
To Amount (ZAR) R75,772
Total Cost:8.21%
Difference:
R4,978 ZAR less than using OFX
Time:18:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 10/19/2019 - 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.

  

South African rand Travel Money

  

Travel Money ProvidersAmount ZAR(R)Exchange RateFee EURTotal CostDeal Links
Travelex Online logo
R15,140
Best Overall
15.139508.3%
Deutsche Bank Foreign Currency
Deutsche Bank logo
R15,139
R1 less
15.37€158.3%
BNP Paribas Foreign Currency
BNP Paribas logo
R15,071
R69 less
15.3€158.72%
Citibank Foreign Currency
Citibank logo
R15,068
R72 less
15.22€108.73%
Banks - Average Rate
Deutsche Bank logo Citibank logo Sparkasse Bank logo HSBC logo Bank of Ireland logo Crédit Agricole logo AIB Bank logo BNP Paribas logo
R14,919
R221 less
15.08€109.64%
Crédit Agricole Foreign Currency
Crédit Agricole logo
R14,913
R227 less
15.14€159.67%
Bank of Ireland Foreign Currency
Bank of Ireland logo
R14,890
R250 less
15.04€109.81%
AIB Bank Foreign Currency
AIB Bank logo
R14,860
R280 less
15.01€109.99%
Sparkasse Bank Foreign Currency
Sparkasse Bank logo
R14,751
R389 less
14.9€1010.65%
HSBC logo
R14,660
R480 less
14.66011.21%
 

Travelex Online logo

Travelex Online: Travel Money EUR→ZAR
From Amount (EUR)€1,000
Fee:undefined
Exchange Rate:15.1395 (8.3% from mid-rate)
To Amount (ZAR) R15,140
Total Cost:8.3%
Time:
Rate Fetched: Sat Oct 19 2019 18:00:04 GMT+0000 (UTC)
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 

Deutsche Bank logo

Deutsche Bank: Travel Money EUR→ZAR
From Amount (EUR)€1,000
Fee:€15 EUR (Minimum fee)
Exchange Rate:15.37 (6.91% from mid-rate)
To Amount (ZAR) R15,139
Total Cost:8.3%
Time:18:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

BNP Paribas logo

BNP Paribas: Travel Money EUR→ZAR
From Amount (EUR)€1,000
Fee:€15 EUR (Minimum fee)
Exchange Rate:15.3 (7.33% from mid-rate)
To Amount (ZAR) R15,071
Total Cost:8.72%
Time:18:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Citibank logo

Citibank: Travel Money EUR→ZAR
From Amount (EUR)€1,000
Fee:€10 EUR (1%)
Exchange Rate:15.22 (7.81% from mid-rate)
To Amount (ZAR) R15,068
Total Cost:8.73%
Time:18:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Travel Money EUR→ZAR
From Amount (EUR)€1,000
Fee:€10 EUR (1%)
Exchange Rate:14.58 (11.69% from mid-rate)
To Amount (ZAR) R14,919
Total Cost:9.64%
Currency Services:Branch
Delivery/Collect:-
 

Crédit Agricole logo

Crédit Agricole: Travel Money EUR→ZAR
From Amount (EUR)€1,000
Fee:€15 EUR (Minimum fee)
Exchange Rate:15.14 (8.3% from mid-rate)
To Amount (ZAR) R14,913
Total Cost:9.67%
Time:18:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Bank of Ireland logo

Bank of Ireland: Travel Money EUR→ZAR
From Amount (EUR)€1,000
Fee:€10 EUR (1%)
Exchange Rate:15.04 (8.9% from mid-rate)
To Amount (ZAR) R14,890
Total Cost:9.81%
Time:18:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

AIB Bank logo

AIB Bank: Travel Money EUR→ZAR
From Amount (EUR)€1,000
Fee:€10 EUR (1%)
Exchange Rate:15.01 (9.09% from mid-rate)
To Amount (ZAR) R14,860
Total Cost:9.99%
Time:18:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Sparkasse Bank logo

Sparkasse Bank: Travel Money EUR→ZAR
From Amount (EUR)€1,000
Fee:€10 EUR (1%)
Exchange Rate:14.9 (9.75% from mid-rate)
To Amount (ZAR) R14,751
Total Cost:10.65%
Time:18:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

HSBC logo

HSBC: Travel Money EUR→ZAR
From Amount (EUR)€1,000
Fee:
Exchange Rate:14.66 (11.21% from mid-rate)
To Amount (ZAR) R14,660
Total Cost:11.21%
Time:18:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Snapshot 10/19/2019 - See full table

EUR / ZAR converter & margin calculator

€EUR
RZAR
mid-rates

Compare how much you can save on EUR/ZAR exchange rates for:

Foreign Transfers Travel Money

Foreign Transfers Travel Money

Euro

South African Rand

1 EUR 16.51 ZAR
5 EUR 82.55 ZAR
10 EUR 165.10 ZAR
20 EUR 330.20 ZAR
50 EUR 825.50 ZAR
100 EUR 1,651.00 ZAR
250 EUR 4,127.50 ZAR
500 EUR 8,255.00 ZAR
1,000 EUR 16,510.00 ZAR
2,000 EUR 33,020.00 ZAR
5,000 EUR 82,550.00 ZAR
10,000 EUR 165,100.00 ZAR
50,000 EUR 825,500.00 ZAR
100,000 EUR 1,651,000.00 ZAR
See more

Euro

South African Rand

0.0606 EUR 1 ZAR
0.3028 EUR 5 ZAR
0.6057 EUR 10 ZAR
1.2114 EUR 20 ZAR
3.0285 EUR 50 ZAR
6.0569 EUR 100 ZAR
15.14 EUR 250 ZAR
30.28 EUR 500 ZAR
60.57 EUR 1,000 ZAR
121.14 EUR 2,000 ZAR
302.85 EUR 5,000 ZAR
605.69 EUR 10,000 ZAR
3,028.45 EUR 50,000 ZAR
6,056.90 EUR 100,000 ZAR
See more
Country Guides (EUR & ZAR)
EurozoneEurozone (EUR)Aaland IslandsAaland Islands (EUR)AndorraAndorra (EUR)
AustriaAustria (EUR)BelgiumBelgium (EUR)CyprusCyprus (EUR)
EstoniaEstonia (EUR)FinlandFinland (EUR)FranceFrance (EUR)
French GuineaFrench Guinea (EUR)French Southern TerritoriesFrench Southern Territories (EUR)GermanyGermany (EUR)
GreeceGreece (EUR)GuadeloupeGuadeloupe (EUR)Vatican CityVatican City (EUR)
IrelandIreland (EUR)ItalyItaly (EUR)LuxembourgLuxembourg (EUR)
MaltaMalta (EUR)MartiniqueMartinique (EUR)MayotteMayotte (EUR)
MonacoMonaco (EUR)MontenegroMontenegro (EUR)NetherlandsNetherlands (EUR)
PortugalPortugal (EUR)ReunionReunion (EUR)Saint BarthélemySaint Barthélemy (EUR)
Saint MartinSaint Martin (EUR)Saint Pierre And MiquelonSaint Pierre And Miquelon (EUR)San MarinoSan Marino (EUR)
SlovakiaSlovakia (EUR)SloveniaSlovenia (EUR)South AfricaSouth Africa (ZAR)
SpainSpain (EUR)

EUR/ZAR - Historical Trends

This table shows historic rates and trends of Euro to South African Rand over periods upto 10 years.

PeriodChange*EUR/ZARDate
7 Day+1.2%16.308211 Oct 2019
30 Day+1.9%16.203818 Sep 2019
3 Month+5.5%15.648420 Jul 2019
1 Year-0.2%16.543018 Oct 2018
5 Year+16.8%14.138819 Oct 2014
10 Year+50.4%10.976920 Oct 2009

*For period to 18-Oct 21UTC when EUR/ZAR was 16.5073

You can use our EUR interactive charts to check EURZAR historic trends.

Get a Better FX Deal when you Send and Spend Abroad.

 

EUR and ZAR in the Markets

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

Euro (EUR)

Euro sentiment dipped in mid-June after the ECB, like other major central banks of the world, ramped up its dovish rhetoric. It said that there was “considerable room” for further quantitative easing and that it would consider negative interest rates. Ordinarily, this would spark an extended euro decline but since other major currencies are also wrestling with easier central bank policies, euro depreciation may be contained.

In spite of Brexit, a slowdown in economic growth, Italian risks and persistently weak inflation — an important measure of inflation expectations fell in June to a record low — the euro did fantastically well against the Australian dollar, New Zealand dollar and British pound between mid-April and mid-June. Due to a stronger US dollar, EUR/USD was down 2 percent on the year at $1.12, close to long-term lows.

Read more in the article EUR 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 EUR/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 EUR / 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 EUR Exchange Rates