What is the
Western Union Send Money conversion rate for GBP to ZAR?
The Western Union GBP to ZAR exchange rate is 24.1. This is -1% compared to the latest GBP-ZAR mid-market rate 24.35.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
British pound (GBP) to South African rand (ZAR) rates from different sources before making a conversion.
The above
Western Union - Sterling 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 GBP-ZAR mid-rate and the possible savings of using various providers.
How do Western Union GBP-ZAR rates compare between providers?
Looking at the full
GBP to ZAR - Send Money comparison table the provider with the best GBP to ZAR exchange rate is Wise at 24.24, -0.45% from the latest mid-market rate 24.35.
The next best is OFX at 24.23, -0.49% from the mid-rate.
Then XE at 24.2, which is -0.62% from the mid-rate.
The Western Union rate is 24.1 which is -1% from the mid-rate.
Among the banks the Lloyds Bank rate is 22.91 at -5.9% the Royal Bank of Scotland rate is 23.05 at -5.3% and the Barclays Bank rate is 23.49 at -3.5% compared to the mid-rate 24.35.
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.