Coast Capital Savings ZAR to EUR Exchange Rates & Currency Deals

   

EUR/ZAR remains steady around 20.59, close to its 3-month avg. Analysts note caution from the ECB on euro strength amid economic uncertainties, while the rand faces pressures from U.S. tariffs and rising inflation. Volatility expected; watch upcoming data releases

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

How do Coast Capital Savings ZAR-EUR rates compare between providers?

The next best is XE at 0.048, -0.6% from the mid-rate.

Then WorldRemit at 0.0476, 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 Coast Capital Savings 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