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EUR to ZAR Transfers Compared

EUR-ZAR Rate Calculator

 
 
   
   
   
   
   
 

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.

 
   

EUR to ZAR Market Data

Euro (EUR) to South African rand (ZAR) market data - latest interbank exchange rate, trend, chart & historic rates.

90-day market context

EUR to ZAR at 19.39 is just 0.5% above its 3-month average of 19.29, having traded in a quite stable 5.4% range from 18.74 to 19.76
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Currency Forecasts related to EUR/ZAR

EUR to ZAR Exchange Rate Forecast & Outlook

Currently, EUR/ZAR is trading near 19.32, holding just above its 90-day average and within its recent range. The pair remains supported by risk-off sentiment, which favours safe-haven currencies.

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EUR to USD Exchange Rate Forecast & Outlook

Currently, EUR/USD is trading close to the 90-day average and supported by risk-off conditions. The pair remains within its recent range and is influenced by cautious risk sentiment.

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USD to ZAR Exchange Rate Forecast & Outlook

Currently, USD/ZAR is trading close to 14-day lows near 16.38, just below the 3-month average of 16.5. The pair’s recent volatility and the risk-off environment support a light US Dollar upside.

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EUR/ZAR trades near 19.32 with a range-bound outlook around 19.32-19.76, driven by global risk sentiment. Conditions suggest sideways movement in the short term, with risks from geopolitical tensions and market caution influencing the pair.

 

EUR to ZAR 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 euro are worth in South African rand across a range of amounts.

This gives a quick view of what you’d get when converting different EUR amounts at today’s rate * :

EUR ZAR
€ 1 R 19.24
€ 5 R 96.20
€ 10 R 192.40
€ 20 R 384.80
€ 50 R 962.00
€ 100 R 1,924
€ 250 R 4,810
€ 500 R 9,620
€ 1,000 R 19,240
€ 2,000 R 38,480
€ 5,000 R 96,200
€ 10,000 R 192,400
€ 20,000 R 384,800
€ 50,000 R 962,000
€ 100,000 R 1,924,000
EUR ZAR
0.0520 R 1
0.2598 R 5
0.5197 R 10
1.0394 R 20
2.5985 R 50
5.1969 R 100
12.99 R 250
25.98 R 500
51.97 R 1,000
103.94 R 2,000
259.85 R 5,000
519.69 R 10,000
1,039 R 20,000
2,598 R 50,000
5,197 R 100,000

More amounts

*Converted at the current EUR-ZAR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
 

What is the best Send Money conversion rate for EUR to ZAR?

The best EUR to ZAR exchange rate is 19.18 from OFX . This is -0.31% compared to the mid-market rate 19.24.

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare euro (EUR) to South African rand (ZAR) rates from different sources before making a conversion.

The above Euro 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 EUR-ZAR mid-rate and the possible savings of using various providers. 

How do EUR-ZAR rates compare between providers?

Looking at the full EUR to ZAR - Send Money comparison table the provider with the best EUR to ZAR exchange rate is OFX at 19.18, -0.31% from the latest mid-market rate 19.24.

The next best is XE at 19.13, -0.57% from the mid-rate.

Then Wise at 19.07, which is -0.88% from the mid-rate.

The Western Union rate is 18.95 which is -1.5% 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 or platforms that offer rates closer to the mid-market rate.

 

View a full list of exchange rates by selecting your Base (from) currency: