What is the
best Send Money conversion rate for ZAR to USD?
The best ZAR to USD exchange rate is our partner deal rate of 0.0558 from OFX . This is -0.49% compared to the mid-market rate 0.056073.
The standard OFX ZAR-USD rate is 0.055400124, -1.2% from the mid-rate. Visit OFX here to secure the better rate.
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
Western Union - Rand to Dollar comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Western Union and other foreign exchange providers against the latest ZAR-USD mid-rate and the possible savings of using various providers.
How do Western Union 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 0.0558, -0.49% from the latest mid-market rate 0.056073.
The next best is XE at 0.0557, -0.67% from the mid-rate.
Then WorldRemit at 0.0552, which is -1.6% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers 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
like Western Union or platforms that offer rates closer to the mid-market rate.
Compare ZAR to USD Transfer Rates