Understanding the Table:
The comparison table above helps you see the total cost of your ANZ Bank 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’.
The ANZ Bank NZD to ZAR business exchange rate is 11.7571. This is 9.6% compared to the latest NZD-ZAR mid-market rate 10.73.
As Business exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare New Zealand dollar (NZD) to South African rand (ZAR) rates from different sources before making a conversion.
The above ANZ Bank - Business Kiwi to Rand comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by ANZ Bank and other foreign exchange providers against the latest NZD-ZAR mid-rate and the possible savings of using various providers.
Looking at the full NZD to ZAR - Send Money comparison table the provider with the best Business NZD to ZAR exchange rate is OFX at 10.69, -0.37% from the latest mid-market rate 10.73.
The next best is XE at 10.66, -0.65% from the mid-rate.
Then Wise at 10.65, which is -0.75% from the mid-rate.
Among the banks the ANZ Bank rate is 11.7571 at 9.6% the BNZ Bank rate is 9.9349 at -7.4% and the TSB Bank rate is 9.8705 at -8% compared to the mid-rate 10.73.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like ANZ Bank 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.
View a full list of exchange rates by selecting your Base (from) currency:
