Western Union ZAR to USD Exchange Rates & Currency Deals
ZAR-USD Rate Calculator
Understanding the Table:
The comparison table above helps you see the total cost of your Western Union 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’.
ZAR to USD Market Data
South African rand (ZAR) to US dollar (USD) market data - latest interbank exchange rate, trend, chart & historic rates.
EUR/USD Outlook: Slightly positive, but likely to move sideways, as the rate remains above its recent average but lacks strong drivers for further movement.
USD/ZAR Outlook: Bearish, with ZAR strength and USD weakness dominating. Key drivers include: - Rate gap widening due to SARB cuts vs. Fed policy - High oil prices boosting demand for rand - Increased investment in rand-denominated bonds. Range: Expected to stay within recent levels. What could change it: - Upside risk if Fed shifts policy or US tensions ease - Downside risk if commodity prices rise further or SARB cuts continue
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ZAR to USD 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 US dollar 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
best Send Money conversion rate for ZAR to USD?
The best ZAR to USD exchange rate is 0.0627 from OFX . This is -0.44% compared to the mid-market rate 0.062974.
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 0.0627, -0.44% from the latest mid-market rate 0.062974.
The next best is XE at 0.0626, -0.59% 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.