Transfer Money to South Africa

Find the best South African Rand exchange rates: Currency Today can help you save 5% against using your bank for ZAR currency transfers to South Africa. We only compare the most trusted foreign exchange brokers in the industry who provide far better exchange rates than your bank. Gain access to the highest level of expertise to guide you through your transaction from start to finish making the whole process as smooth and hassle free as possible. We also provide detailed information on the security of each broker and the range of services they offer to help find you the best possible match for your individual requirements. Transferring money through one of exclusive foreign exchange brokers will ensure the job is done your way, whether you prefer to transact online or via phone using your very own dedicated broker.

Send £70,000 to South Africa and receive the following amount of South African Rand:

All our rates are updated every 5 minutes to ensure we provide accurate comparisons.

Find the Best South Africa Rand Exchange Rates Online

South Africa is one of the most beautiful and hottest holiday destinations in the world with amazing beaches, countryside and mountain backdrops. Double the size of France with a population of nearly 52 million it attracts many an animal enthusiast and adventurer. Over 200,000 UK expats live there in search of a new life in the country often moving to Cape Town for its natural beauty, great climate and cultural diversity.
 
The average price of a medium sized home was £73,000 (approx 1.2 million rand) in 2012 according to the mortgage lender ABSA making it a far cheaper place to buy than the UK. When it comes to currency anyone considering moving to the region permanently or investing in a foreign property must be aware of the huge fluctuations that can occur in the South African Rand. Over the last year we have seen a big decline in the currency against the pound with the exchange rate moving from 13.84 to its current level of 16.58, a rate last seen in 2008. This is great news for UK citizens as a recovery has made it an even cheaper place to buy.

However it is recommended to approach the issue of exchange rates with caution due to the political uncertainty in the country meaning anyone looking to do a sizeable transfer (above £5k) should avoid leaving the exchange to chance by booking a rate as soon as you have a requirement. If you are making stage payment for a property and therefore have commitments in the future it is recommended you discuss with one of our listed currency specialists buying your rand using a forward contract to fix your future obligations and avoid any nasty losses when the time comes to exchange your money. All of our trusted foreign exchange brokers can provide you with a bespoke service to help remove the hassles and stress of moving money to South Africa.