The comparison table above helps you see the total cost of your 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 Exchange Rates & Fees - Save Time & Money
Sending money to South Africa can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to South Africa bank accounts or pay a South African rand invoice.
INR to ZAR Market Data
Indian rupee (INR) to South African rand (ZAR) market data - latest interbank exchange rate, trend, chart & historic rates.
Sell INR →
Buy ZAR
1 INR = 0.2079 ZAR
▼-0.2% since yesterday
90d-lows
INR to ZAR is at 90-day lows near 0.2060, 3.7% below its 3-month average of 0.214, having traded in a quite volatile 11.2% range from 0.2060 to 0.2290
Is the INR to ZAR 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 Indian rupee against the South African rand is to review how the INR/ZAR rate has changed over time.
The table below shows the percentage change in the INR to ZAR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
To help you understand the real-world value of the current exchange rate, the table below shows how much Indian rupee are worth in South African rand across a range of amounts.
This gives a quick view of what you’d get when converting different INR amounts at today’s rate * :
What is the
best Send Money conversion rate for INR to ZAR?
The best INR to ZAR exchange rate is 0.2054 from Wise. This is -1.2% compared to the mid-market rate 0.2079.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Indian rupee (INR) to South African rand (ZAR) rates from different sources before making a conversion.
The above
Rupee to Rand comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest INR-ZAR mid-rate and the possible savings of using various providers.
How do INR-ZAR rates compare between providers?
Looking at the full
INR to ZAR - Send Money comparison table the provider with the best INR to ZAR exchange rate is Wise at 0.2054, -1.2% from the latest mid-market rate 0.2079.
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
or platforms that offer rates closer to the mid-market rate.