The NAB AUD to ZAR rate is 10.73. This is -8% below the mid-rate. Compare NAB currency conversion rates - Reduce FX costs.
The NAB AUD to ZAR exchange rate is 10.73. This is -8% compared to the latest AUD-ZAR mid-market rate 11.66.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Australian dollar (AUD) to South African rand (ZAR) rates from different sources before making a conversion.
Looking at our comparison table the best AUD to ZAR exchange rate is 11.6 from OFX, -0.51% from the mid-market rate 11.66. The next best rate is 11.59 from XE, -0.6% from the mid-rate. Then Wise with 11.58 is -0.69% from the mid-rate.
The Western Union rate is 11.55 which is -0.94% from the mid-rate.
Among the banks, the Commonwealth Bank rate is 11.18 at -4.1%, the ANZ Bank rate is 11.1763 at -4.1%, and the ING Bank rate is 11.03 at -5.4% compared to the mid-rate 11.66.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like NAB 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.
The NAB Aussie to Rand comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by NAB and other foreign exchange providers against the latest AUD-ZAR mid-rate (see Market Data below ) and the possible savings of using various providers.
Like all the leading banks, NAB (National Australia Bank) offers a wide range of currency related products and services to its customers. If you are a customer of NAB and use internet banking to transfer money overseas then you will be interested to learn how NAB exchange rates compare to other providers.
* You must be a customer of NAB Bank to use their exchange currency services.
International transfers sent in Australian dollars using the NAB app or NAB Internet Banking incur a $30 transfer fee. International transfers made at a NAB branch (sent in Australian dollars or foreign currency) incur a $30 transfer fee.
In 2022, NAB (National Australia Bank) announced their acquisition of the Citi consumer banking business in Australia.
If you previously had a Citi branded deposit, home loan or investment account, your account was closed, and balance transferred to your NAB branded account on 24 February 2024.
You can manage your foreign transfers through NAB Internet Banking or the NAB app where NAB exchange rates will now apply.
Australian dollar (AUD) to South African rand (ZAR) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | AUD/ZAR | Change | Period |
|---|---|---|---|
25 Apr 2025 | 11.98 | 2.5% ▼ | 2 Week |
08 Feb 2025 | 11.54 | 1.2% ▲ | 3 Month |
09 May 2024 | 12.22 | 4.4% ▼ | 1 Year |
10 May 2020 | 11.98 | 2.5% ▼ | 5 Year |
12 May 2015 | 9.6029 | 21.6% ▲ | 10 Year |
14 May 2005 | 4.8132 | 142.7% ▲ | 20 Year |
Here are some popular conversion amounts for AUD to ZAR (Australian dollar to South African rand)*.
*Converted at the current AUDZAR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
Recent analysis of the AUD to ZAR exchange rate indicates a complex interplay of global trade dynamics, domestic economic factors, and investor sentiment. The Australian dollar (AUD) has experienced notable volatility, influenced by various external events, including a 10% tariff on Australian imports announced by U.S. President Donald Trump. This, paired with a hawkish interest rate decision from the Federal Reserve, initially pressured the AUD, though optimism over forthcoming US-China trade discussions provided a temporary uplift. However, sustaining these gains has proven challenging as the market mood continues to fluctuate.
Read our full review of recent AUD to ZAR forecasts.
There are several ways to save on exchange rates when converting Australian dollar to South African rand:
Generally speaking, if you are buying South African rand with Australian dollar, then it's better for the AUD/ZAR exchange rate to be higher.
However working against you are the fees all foreign exchange providers charge for providing their service. These fees 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.
Read our Currency guide to South Africa — a practical currency and money guide to travel in South Africa plus living and doing business with the South African rand.
It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.
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 AUD/ZAR to your personalised Rate Tracker to track and benefit from currency movements.
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
| Australia (AUD) | South Africa (ZAR) |
South Africa has a high crime rate, and certain areas or neighborhoods can be dangerous for foreigners. However, many areas are safe and tourist-friendly. It is important to exercise caution and be aware of your surroundings, avoid carrying valuables and stay in well-populated areas. Americans travelling to South Africa are recommended to check the U.S. Department of State website for travel advisories and to register with the Smart Traveler Enrollment Program.
The cost of living in South Africa is relatively low compared to other countries in the world. However, it is important to note that the cost of living can vary greatly depending on the specific location within the country.
The expat life in South Africa can be very exciting. There are many different things to do and see, and the people are friendly and welcoming. There are also some great opportunities for work and for business.
There are a few things that foreigners should be aware of when travelling to South Africa. These include:
-It is illegal to drink alcohol in public places
-It is illegal to walk around without a shirt on in public places
-It is illegal to take photos of certain buildings, such as Parliament
-It is illegal to drive without a valid driver's license
Doing business in South Africa is quite difficult due to the high crime rate, as well as the vastness of the country. Corruption is also a big problem, which makes doing business quite difficult.
The economy in South Africa is difficult to define because it is so diverse. There are developed industrial sectors, as well as large informal economies. Overall, the economy has been struggling in recent years due to high levels of unemployment, corruption, and inequality.
Read more at our South Africa (ZAR) country guide
Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more
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