What is the WorldRemit Send Money conversion rate for ZAR to INR?
The WorldRemit ZAR to INR exchange rate is 4.5531. This is -1.9% compared to the latest ZAR-INR mid-market rate 4.6413.
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 Indian rupee (INR) rates from different sources before making a conversion.
How do WorldRemit ZAR-INR rates compare between providers?
Looking at our comparison table the best ZAR to INR exchange rate is 4.6134 from XE, -0.6% from the mid-market rate 4.6413. The next best rate is 4.5856044 from , -1.2% from the mid-rate. Then WorldRemit with 4.5531 is -1.9% 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 WorldRemit or platforms that offer rates closer to the mid-market rate.
The WorldRemit Rand to Rupee comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by WorldRemit and other foreign exchange providers against the latest ZAR-INR mid-rate (see Market Data below ) and the possible savings of using various providers.