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EUR to ZAR - Exchange Rates Guide

Euro to South African Rand exchange rates can vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 
 

EUR/ZAR exchange rate (wholesale):

1 EUR = 18.95 ZAR

Sell EUR / Buy ZAR 

 
EUR to ZAR chart and trends
ALERT:14-DAY LOWS |
EUR/ZAR at 18.95 was trading 3.8% below AVG:19.69 with LO:18.8 and HI:20.66 (90 days). ALERT: EUR/ZAR dropped to 14-DAY LOWS.

Euro to South African Rand - Quick Conversions

EUR ZAR
€ 1 R 18.95
€ 5 R 94.75
€ 10 R 189.50
€ 20 R 379.00
€ 50 R 947.50
€ 100 R 1,895
€ 250 R 4,738
€ 500 R 9,475
€ 1,000 R 18,950
€ 2,000 R 37,900
€ 5,000 R 94,750
€ 10,000 R 189,500
€ 50,000 R 947,500
€ 100,000 R 1,895,000
More amounts
EUR ZAR
0.0528 R 1
0.2638 R 5
0.5276 R 10
1.0552 R 20
2.6379 R 50
5.2758 R 100
13.19 R 250
26.38 R 500
52.76 R 1,000
105.52 R 2,000
263.79 R 5,000
527.58 R 10,000
2,638 R 50,000
5,276 R 100,000
More amounts

To calculate other EUR/ZAR amounts try our home-page Convert EUR to ZAR quick converter.


Comparing Retail Exchange Rates

The total cost for 'Retail' exchange rates you receive from your bank or foreign exchange provider consists of the margin from the 'Wholesale' rate (interbank mid-rate) plus any fixed or percentage fees.

These margins and fees can vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Also the exchange rate margin will also vary depending on the currency pair and total amount.

 
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South African Rand (ZAR) Country Guides

South AfricaSouth Africa (ZAR)

Euro and South African Rand Forecasts

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)

EUR will fall to 0.80 against the British pound according to Standard Bank. The coronavirus pandemic has replaced Brexit in the headlines and means that the deadline for a trade deal with the Eurozone this year could either be pushed back, delaying a risk for the currency, or see more favorable terms given to the U.K.

Rabobank told Bloomberg TV in early April that they see the Euro holding its value in an otherwise difficult virus affected year for most currencies.

The Euro spent 2019 on a downwards trajectory, starting the year with highs at US1.1550 but then slid all year until October where it bottomed out at US$1.09 on Oct 1, close to long-term lows. Since then it has climbed back up towards the average rate for the year of US1.12, perhaps due to the less uncertainty around Brexit.

Read more in the article EUR Forecasts.

 

South African Rand (ZAR)

Rabobank told Bloomberg TV in early April that they see a difficult virus affected year in 2020 for the South African rand.

How to get Best EUR to ZAR Exchange Rates

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).

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.

 

What is a good EUR to ZAR exchange rate?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Euro vs South African Rand current value is to look the EUR/ZAR historic rate and change over a range of periods.

The following table looks at the change in the EUR to ZAR exchange rate over periods from the previous week back to the last 10 years.

EUR/ZAR rateChangePeriod
03 Jul 2020 : 19.13671% ▼1 Week
10 Jun 2020 : 18.78400.9% ▲30 Days
11 Apr 2020 : 19.74774% ▼90 Days
11 Jul 2019 : 15.708020.7% ▲1 Year
12 Jul 2015 : 13.887636.5% ▲5 Years
13 Jul 2010 : 9.589897.7% ▼10 Years
EUR/ZAR 10 year historic rates & changes to 10-Jul-2020 : 18.9548
 

When is the best time to exchange EUR to ZAR?

Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.

Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.

Setup BER.me FX Alerts