Barclays Bank ZAR to USD Exchange Rates & Currency Deals
ZAR-USD Rate Calculator
Understanding the Table:
The comparison table above helps you see the total cost of your Barclays Bank 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’.
ZAR to USD Market Data
South African rand (ZAR) to US dollar (USD) market data - latest interbank exchange rate, trend, chart & historic rates.
USD/GBP Outlook: The outlook is likely to decrease, as the rate is below its recent average and near recent lows, pressured by geopolitical tensions and...
USD/ZAR Outlook: Bearish as the rate remains under pressure due to US economic concerns. Key drivers: • Fed rate cuts expected, widening yield gap favoring ZAR • Rising metal prices boost ZAR exports • Lower SA inflation increases investor confidence. Range: Volatile, likely below recent levels. What could change it: • Positive US employment data could strengthen USD • Geopolitical tensions may further pressure the dollar
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ZAR to USD Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much South African rand are worth in US dollar across a range of amounts.
This gives a quick view of what you’d get when converting different ZAR amounts at today’s rate * :
What is the
best Send Money conversion rate for ZAR to USD?
The best ZAR to USD exchange rate is 0.0616 from OFX . This is -0.56% compared to the mid-market rate 0.061944.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
South African rand (ZAR) to US dollar (USD) rates from different sources before making a conversion.
The above
Barclays Bank - Rand to Dollar comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Barclays Bank and other foreign exchange providers against the latest ZAR-USD mid-rate and the possible savings of using various providers.
How do Barclays Bank ZAR-USD rates compare between providers?
Looking at the full
ZAR to USD - Send Money comparison table the provider with the best ZAR to USD exchange rate is OFX at 0.0616, -0.56% from the latest mid-market rate 0.061944.
The next best is XE at 0.0616, -0.56% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like Barclays Bank 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.