Santander ZAR to EUR Exchange Rates & Currency Deals

   

EUR/ZAR is under pressure, currently at 20.29 ZAR, 1.7% below its 3-month avg. of 20.64 ZAR. Analysts suggest the ECB's cautious stance on Euro strength & ongoing local inflation in SA could keep the rate volatile. Monitor for signs in consumer confidence & interest rate shifts

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What is the best Send Money conversion rate for ZAR to EUR?

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 Euro (EUR) rates from different sources before making a conversion.

The above Santander - Rand to Euro comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Santander and other foreign exchange providers against the latest ZAR-EUR mid-rate and the possible savings of using various providers. 

How do Santander ZAR-EUR rates compare between providers?

The next best is XE at 0.049, -0.6% from the mid-rate.

Then WorldRemit at 0.0486, which is -1.4% from the mid-rate.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Santander 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.

 

Compare ZAR to EUR Transfer Rates