Understanding the Table:
The comparison table above helps you see the total cost of your Regions 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’.
South African rand (ZAR) to US dollar (USD) market data - latest interbank exchange rate, trend, chart & historic rates.
ZAR/USD Outlook: Slightly positive, but likely to move sideways, as the rate is above its recent average and lacks a strong driver.
EUR/USD Outlook: Slightly positive, but likely to move sideways as the euro is above its recent average yet lacks a single clear driver for further gains.
USD/GBP Outlook: Slightly weaker, but likely to move sideways, as the rate is below its recent average and near recent lows.
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 US dollar across a range of amounts.
This gives a quick view of what you’d get when converting different ZAR amounts at today’s rate * :
*Converted at the current ZAR-USD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best ZAR to USD exchange rate is 0.0617 from OFX . This is -0.44% compared to the mid-market rate 0.061975.
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 US dollar (USD) rates from different sources before making a conversion.
The above Regions Bank - Rand to Dollar comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Regions Bank and other foreign exchange providers against the latest ZAR-USD mid-rate and the possible savings of using various providers.
Looking at the full ZAR to USD - Send Money comparison table the provider with the best ZAR to USD exchange rate is OFX at 0.0617, -0.44% from the latest mid-market rate 0.061975.
The next best is XE at 0.0616, -0.61% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Regions 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:
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