The comparison table above helps you see the total cost of your Standard 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’.
Compare Standard Bank Exchange Rates & Fees - Save Time & Money
Our Standard Bank ZAR to EUR rate is 0.0463. This is -4% below the mid-rate.
ZAR to EUR Market Data
South African rand (ZAR) to Euro (EUR) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the ZAR to EUR Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the South African rand against the Euro is to review how the ZAR/EUR rate has changed over time.
The table below shows the percentage change in the ZAR to EUR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
ZAR/EUR
Period
31 May 2025
0.0490
2 Week
16 Mar 2025
0.0505
3 Month
14 Jun 2024
0.0508
1 Year
15 Jun 2020
0.0516
5 Year
17 Jun 2015
0.0717
10 Year
19 Jun 2005
0.1230
20 Year
ZAR/EUR historic rates
EUR/ZAR is currently at 20.75, above its 3-month average of 20.63. Analysts highlight potential downward pressure due to ECB rate cut speculation and ongoing Eurozone inflation challenges. Watch for volatility as geopolitical tensions and economic data continue to shape the market
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ZAR to EUR 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 Euro 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
Standard Bank Send Money conversion rate for ZAR to EUR?
The Standard Bank ZAR to EUR exchange rate is 0.0463. This is -4% compared to the latest ZAR-EUR mid-market rate 0.048214.
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
Standard Bank - Rand to Euro comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Standard Bank and other foreign exchange providers against the latest ZAR-EUR mid-rate and the possible savings of using various providers.
How do Standard Bank ZAR-EUR rates compare between providers?
Looking at the full
ZAR to EUR - Send Money comparison table the provider with the best ZAR to EUR exchange rate is OFX at 0.048, -0.44% from the latest mid-market rate 0.048214.
The next best is XE at 0.0479, -0.65% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like Standard 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.