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 details and click ‘Compare’.
ZAR to EUR Market Data
South African rand (ZAR) to Euro (EUR) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the ZAR to EUR 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 South African rand against the Euro is to review how the ZAR/EUR rate has changed over time.
The table below shows the percentage change in the ZAR to EUR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
#EURZAR trading at 20.36, 0.7% below 3-month avg. Range shows 11% volatility (19.59-21.75). Analysts say euro faces pressure from geopolitics & upcoming ECB meeting. Markets watching for potential rate cuts that could push EUR lower vs ZAR despite US tariff concerns for SA economy
To help you understand the real-world value of the current exchange rate, the table below shows how much South African rand are worth in Euro across a range of amounts.
This gives a quick view of what you’d get when converting different ZAR amounts at today’s rate * :
The standard OFX ZAR-EUR rate is 0.048606636, -1.2% from the mid-rate. Visit OFX here to secure the better rate.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
South African rand (ZAR) to Euro (EUR) rates from different sources before making a conversion.
The above
Rand to Euro 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 ZAR-EUR mid-rate and the possible savings of using various providers.
How do ZAR-EUR rates compare between providers?
Looking at the
full comparison table
the best ZAR to EUR exchange rate is 0.049 from OFX, -0.4% from the mid-market rate 0.049197. The next best rate is 0.0489 from XE, -0.6% from the mid-rate. Then WorldRemit with 0.0485 is -1.4% 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.