Rate direction
Euro to South African rand · EUR/ZAR trend
Review the recent market direction, current mid-market rate and significant movement alerts.
EUR/ZAR exchange rate
90-day market context
EUR to ZAR is at 7-day lows near 18.85, just 0.5% below its 3-month average of 18.95, having traded in a quite stable 5.6% range from 18.54 to 19.58
Quick EUR/ZAR forecast
Currency Forecasts related to EUR/ZAR
EUR to ZAR Exchange Rate Forecast & Outlook
Currently, EUR/ZAR is trading near 19.10, holding above its 3-month average and within a stable range. The pair’s sideways-negative bias reflects cautious risk sentiment and a lack of strong directional catalysts.
EUR to ZAR Conversion: What Is Your Money Worth?
View common conversion amounts at today’s mid-market rate
To help you understand the real-world value of the current exchange rate, the table below shows how much euro are worth in South African rand across a range of amounts.
This gives a quick view of what you’d get when converting different EUR amounts at today’s rate * :
*Converted at the current EUR-ZAR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
What is the
best Send Money conversion rate for EUR to ZAR?
The best EUR to ZAR exchange rate is 18.8 from OFX . This is -0.27% compared to the mid-market rate 18.85.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare euro (EUR) to South African rand (ZAR) rates from different sources before making a conversion.
The above Euro to Rand comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest EUR-ZAR mid-rate and the possible savings of using various providers.
How do EUR-ZAR rates compare between providers?
Looking at the full EUR to ZAR - Send Money comparison table the provider with the best EUR to ZAR exchange rate is OFX at 18.8, -0.27% from the latest mid-market rate 18.85.
The next best is XE at 18.74, -0.58% from the mid-rate.
Then Wise at 18.69, which is -0.85% from the mid-rate.
The Western Union rate is 18.57 which is -1.5% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.