Understanding the Table:
The comparison table above helps you see the total cost of your Ramsdens currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
The best GBP to ZAR exchange rate is 24.22 from Wise. This is -0.45% compared to the mid-market rate 24.33.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare British pound (GBP) to South African rand (ZAR) rates from different sources before making a conversion.
The above Ramsdens - Sterling to Rand comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Ramsdens and other foreign exchange providers against the latest GBP-ZAR mid-rate and the possible savings of using various providers.
Looking at the full GBP to ZAR - Send Money comparison table the provider with the best GBP to ZAR exchange rate is Wise at 24.22, -0.45% from the latest mid-market rate 24.33.
The next best is OFX at 24.21, -0.49% from the mid-rate.
Then XE at 24.18, which is -0.62% from the mid-rate.
The Western Union rate is 24.08 which is -1% from the mid-rate.
Among the banks the Lloyds Bank rate is 22.97 at -5.6% the Royal Bank of Scotland rate is 23.11 at -5% and the Barclays Bank rate is 23.47 at -3.5% compared to the mid-rate 24.33.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Ramsdens 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.
View a full list of exchange rates by selecting your Base (from) currency:
