What is the
Western Union Send Money conversion rate for EUR to ZAR?
The Western Union EUR to ZAR exchange rate is 20.29. This is -1.5% compared to the latest EUR-ZAR mid-market rate 20.60.
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
Western Union - Euro to Rand 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 EUR-ZAR mid-rate and the possible savings of using various providers.
How do Western Union 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 20.5, -0.49% from the latest mid-market rate 20.60.
The next best is XE at 20.48, -0.58% from the mid-rate.
Then Wise at 20.46, which is -0.68% from the mid-rate.
The Western Union rate is 20.29 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
like Western Union or platforms that offer rates closer to the mid-market rate.