Understanding the Table:
The comparison table above helps you see the total cost of your Western Union 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’.
The best ZAR to USD exchange rate is our partner deal rate of 0.0554 from OFX . This is -0.49% compared to the mid-market rate 0.055675.
The standard OFX ZAR-USD rate is 0.0550069, -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 US dollar (USD) rates from different sources before making a conversion.
The above Western Union - Rand to Dollar 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 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 0.0554, -0.49% from the latest mid-market rate 0.055675.
The next best is XE at 0.0553, -0.67% from the mid-rate.
Then WorldRemit at 0.0548, which is -1.6% 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.
The recent performance of the ZAR to USD exchange rate reveals significant volatility, with the ZAR trading at 7-day lows near 0.055720.
Recent forecasts for the EUR/USD exchange rate indicate a complex interplay between geopolitical issues, economic data, and central bank policies.
Recent forecasts and market updates reflect a turbulent period for both the US dollar (USD) and the British pound (GBP), with varying pressures shaping their exchange rate dynamics.
View a full list of exchange rates by selecting your Base (from) currency: