Switch

EUR to ZAR - Best Rates Guide

We review Euro to South African Rand latest & historic FX rates along with recent EUR/ZAR Trend and Alerts.

 

Best EUR to ZAR Rate

1 EUR = 18.57 ZAR
LATEST EUR/ZAR MID-MARKET The mid-market rate is the best possible exchange rate available. Read more RATE

SELL EUR  :  BUY ZAR 
Invert Rate
ZAR to EUR
SELL ZAR  :  BUY EUR
EURZAR at 18.54 is a little above its 90-DAY average, range 17.77-19.25.
🔔 EURZAR is UP 2.0% this 4-DAY period.
|
Alert:4-DAY2.0% |
 
EUR to ZAR - Trends & Alerts

View My Alerts

     

Comparing EUR to ZAR Exchange Rates

You should always check the total cost for any exchange rate you are provided by banks or FX specialists. These exchange rates almost always contain a margin from the wholesale EUR/ZAR rate ( interbank mid-rate) plus any fixed or percentage fees.

These margins and fees can vary significantly for EUR to ZAR International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Also the total cost will also vary depending on the total amount being exchanged.

 
Loading
 
Loading
   

Euro to South African Rand - Quick Conversions

EUR ZAR
€ 1 R 18.57
€ 5 R 92.85
€ 10 R 185.70
€ 20 R 371.40
€ 50 R 928.50
€ 100 R 1,857
€ 250 R 4,643
€ 500 R 9,285
€ 1,000 R 18,570
€ 2,000 R 37,140
€ 5,000 R 92,850
€ 10,000 R 185,700
€ 50,000 R 928,500
€ 100,000 R 1,857,000
More amounts
EUR ZAR
0.0538 R 1
0.2692 R 5
0.5384 R 10
1.0767 R 20
2.6919 R 50
5.3837 R 100
13.46 R 250
26.92 R 500
53.84 R 1,000
107.67 R 2,000
269.19 R 5,000
538.37 R 10,000
2,692 R 50,000
5,384 R 100,000
More amounts

Calculate other EUR/ZAR amounts (from or to) at mid-market with our EUR to ZAR Calculator .

 

Euro and South African Rand - Market News

 

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)

Swiss bank UBS see the EUR/USD rate to rise near 1.27 by the end of 2021 as the world recovers from the pandemic and has less need for USD as a safe haven.

Get more details in the article Euro 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.

   

Country Guides - South African Rand

 
South AfricaSouth Africa (ZAR)
     

How to get Good EUR to ZAR Exchange Rates

There are two important ways to save on Foreign Exchange, the first is minimising unnecessary or excessive costs and fees, and the other is to transact when the exchange rate is in your favour.

Reduce Excessive costs and fees

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/ZARChangePeriod
18.3116
18 Jan 2021
0.9% ▲1 Week
17.7719
26 Dec 2020
4% ▲30 Days
19.0889
27 Oct 2020
3.2% ▼90 Days
15.9366
26 Jan 2020
16% ▲1 Year
17.9363
27 Jan 2016
3% ▲5 Years
9.7277
28 Jan 2011
90% ▲10 Years

EUR/ZAR 10 year historic rates & change to 25-Jan-2021 : 18.4830

 
   

Will the Euro rise against the South African Rand?

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add EUR/ZAR to your BestExchangeRates My Rates Watchlist to track and benefit from currency movements.

 

View My Alerts

 

Rather than requiring you to set a target rate, our FX Alerts work differently.

Once you add a currency pair to your watchlist we then start automatically checking the exchange rate for any HIGH or LOW event or significant UP or DOWN moves over a range of daily periods only as far back as 90 days.