Key Currency is the cheapest way to send money from Kenya to South Africa, giving your recipient 125,585.25 ZAR from KSh1,000,000.
Use bank transfer to deposit KES and bank deposit to withdraw ZAR to get the most out of your transfer.
| 2 of 2 providers Last updated on 10 November 2026 | |||
| Based on 1,000,000 KES transfer Best companies for KES/ZAR transfers | |||
| Promoted  Key Currency Pay via Bank transfer | Fee Ksh 0.00 1 KES = 0.1256 ZAR +0.25% vs mid-market | Recipient gets R 125,585.25 Minutes - 3 days | |
Ways to receive money in South Africa with Key Currency when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 3 days Free1 KES = 0.1256 ZAR R 125,585.25You payKsh 1,000,000.00 | |||
| Promoted  Regency FX Pay via Bank transfer | Fee Ksh 0.00 1 KES = 0.1256 ZAR +0.27% vs mid-market | Recipient gets R 125,560.07 Minutes - 24 hours | |
Ways to receive money in South Africa with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 KES = 0.1256 ZAR R 125,560.07You payKsh 1,000,000.00 | |||
Run a live search Showing top Kenya to South Africa deals for 1,000,000 KES. Do a live search with your exact amount for today's best rates. | |||
Run a live search Showing companies that send from a business account. Run a business search to get live KES to ZAR rates. | |||
Run a live search These companies offer multi-currency accounts for spending ZAR. We suggest doing a live search based on how much KES you're planning to spend in South Africa. | |||
Run a live search These are managed services with real human support for large KES transfers. Click the link and update the transfer amount to get the best deal. | |||
| Exclusive: Special Rate for 1st Transfer Key Currency Pay via Bank transfer | Fee Ksh 0.00 1 KES = 0.1256 ZAR +0.25% vs mid-market | Recipient gets R 125,585.25 Minutes - 3 days | |
Ways to receive money in South Africa with Key Currency when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 3 days Free1 KES = 0.1256 ZAR R 125,585.25You payKsh 1,000,000.00 | |||
| Exclusive: First Transfer Deal Regency FX Pay via Bank transfer | Fee Ksh 0.00 1 KES = 0.1256 ZAR +0.27% vs mid-market | Recipient gets R 125,560.07 Minutes - 24 hours | |
Ways to receive money in South Africa with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 KES = 0.1256 ZAR R 125,560.07You payKsh 1,000,000.00 | |||
| How Our Results Work Mid-market rate: 1 KES = 0.1259 ZAR Updates every 60 minutes. | |||
Transfer details
Start with the cheapest option, which is Key Currency. It will get you the most ZAR on a KES 1,000,000 transfer.
Key Currency was the cheapest on 28 of the 28 days it quoted KSh1,000,000 transfers to South Africa.
This heavily depends on how much you send, so I suggest to get the best KES/ZAR rate.
You have 1 ways to pay, including bank transfer.
Paying from your M-Pesa balance is the quickest way to fund the transfer (but you'll need to top it up with cash first).
You'll need your ID and your KRA PIN to register.
Nobody legitimate will ask for your PIN to reverse a transfer or verify anything, so treat that as the end of the conversation.
How much KES you send to South Africa heavily affects the best ways and the cheapest options. Use the table below to check how the cheapest options change and how much more you'd get by comparing.
Our analysis shows Key Currency was the cheapest in 100% of all the transfers it quoted over the past month.
| Cheapest service | |||||
|---|---|---|---|---|---|
| Ksh 270,000 | 0.27% | Ksh 0.00 | R 33,900.95with bank transfer to bank deposit | R 0.00 | |
| Ksh 1,000,000This page | 0.25% | Ksh 0.00 | R 125,585.25with bank transfer to bank deposit | +R 12.59 |
Mid-market rate: 1 KES = 0.1259 ZAR
The cheapest way to send KES to ZAR can change every day, or stay with the same company all month.
We've compared the mid-market rate with the cheapest option each day (today it's Key Currency), across 30 days of comparisons for 1,000,000 KES transfers to South Africa.
Tue, 10 Nov 2026Mid-market rateR 125,900.00 Key Currency R 125,585.25Key CurrencyR 125,585.25Regency FXR 125,560.07
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 0.1271 | – | R 127,085.00 | |
| | 0.1268 | Ksh 0.00 | R 126,767.29 | −R 317.71 |
| | 0.1267 | Ksh 0.00 | R 126,741.87 | −R 343.13 |
No data was collected on Tue, 13 Oct 2026.
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 0.1269 | – | R 126,865.00 | |
| | 0.1265 | Ksh 0.00 | R 126,547.84 | −R 317.16 |
| | 0.1265 | Ksh 0.00 | R 126,522.46 | −R 342.54 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 0.1276 | – | R 127,644.00 | |
| | 0.1273 | Ksh 0.00 | R 127,324.89 | −R 319.11 |
| | 0.1273 | Ksh 0.00 | R 127,299.36 | −R 344.64 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 0.1266 | – | R 126,566.00 | |
| | 0.1262 | Ksh 0.00 | R 126,249.59 | −R 316.41 |
| | 0.1262 | Ksh 0.00 | R 126,224.27 | −R 341.73 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 0.1268 | – | R 126,780.00 | |
| | 0.1265 | Ksh 0.00 | R 126,463.05 | −R 316.95 |
| | 0.1264 | Ksh 0.00 | R 126,437.69 | −R 342.31 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 0.1268 | – | R 126,781.00 | |
| | 0.1265 | Ksh 0.00 | R 126,464.05 | −R 316.95 |
| | 0.1264 | Ksh 0.00 | R 126,438.69 | −R 342.31 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 0.1269 | – | R 126,925.00 | |
| | 0.1266 | Ksh 0.00 | R 126,607.69 | −R 317.31 |
| | 0.1266 | Ksh 0.00 | R 126,582.30 | −R 342.70 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 0.1262 | – | R 126,170.00 | |
| | 0.1259 | Ksh 0.00 | R 125,854.57 | −R 315.43 |
| | 0.1258 | Ksh 0.00 | R 125,829.34 | −R 340.66 |
No data was collected on Wed, 21 Oct 2026.
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 0.1269 | – | R 126,891.00 | |
| | 0.1266 | Ksh 0.00 | R 126,573.77 | −R 317.23 |
| | 0.1265 | Ksh 0.00 | R 126,548.39 | −R 342.61 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 0.1271 | – | R 127,133.00 | |
| | 0.1268 | Ksh 0.00 | R 126,815.17 | −R 317.83 |
| | 0.1268 | Ksh 0.00 | R 126,789.74 | −R 343.26 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 0.1277 | – | R 127,732.00 | |
| | 0.1274 | Ksh 0.00 | R 127,412.67 | −R 319.33 |
| | 0.1274 | Ksh 0.00 | R 127,387.12 | −R 344.88 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 0.1277 | – | R 127,732.00 | |
| | 0.1274 | Ksh 0.00 | R 127,412.67 | −R 319.33 |
| | 0.1274 | Ksh 0.00 | R 127,387.12 | −R 344.88 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 0.1280 | – | R 127,997.00 | |
| | 0.1277 | Ksh 0.00 | R 127,677.01 | −R 319.99 |
| | 0.1277 | Ksh 0.00 | R 127,651.41 | −R 345.59 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 0.1282 | – | R 128,194.00 | |
| | 0.1279 | Ksh 0.00 | R 127,873.51 | −R 320.49 |
| | 0.1278 | Ksh 0.00 | R 127,847.88 | −R 346.12 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 0.1284 | – | R 128,366.00 | |
| | 0.1280 | Ksh 0.00 | R 128,045.09 | −R 320.91 |
| | 0.1280 | Ksh 0.00 | R 128,019.41 | −R 346.59 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 0.1281 | – | R 128,117.00 | |
| | 0.1278 | Ksh 0.00 | R 127,796.71 | −R 320.29 |
| | 0.1278 | Ksh 0.00 | R 127,771.08 | −R 345.92 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 0.1279 | – | R 127,947.00 | |
| | 0.1276 | Ksh 0.00 | R 127,627.13 | −R 319.87 |
| | 0.1276 | Ksh 0.00 | R 127,601.54 | −R 345.46 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 0.1288 | – | R 128,819.00 | |
| | 0.1285 | Ksh 0.00 | R 128,496.95 | −R 322.05 |
| | 0.1285 | Ksh 0.00 | R 128,471.19 | −R 347.81 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 0.1288 | – | R 128,819.00 | |
| | 0.1285 | Ksh 0.00 | R 128,496.95 | −R 322.05 |
| | 0.1285 | Ksh 0.00 | R 128,471.19 | −R 347.81 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 0.1284 | – | R 128,449.00 | |
| | 0.1281 | Ksh 0.00 | R 128,127.88 | −R 321.12 |
| | 0.1281 | Ksh 0.00 | R 128,102.19 | −R 346.81 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 0.1280 | – | R 127,974.00 | |
| | 0.1277 | Ksh 0.00 | R 127,654.07 | −R 319.93 |
| | 0.1276 | Ksh 0.00 | R 127,628.47 | −R 345.53 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 0.1273 | – | R 127,318.00 | |
| | 0.1270 | Ksh 0.00 | R 126,999.70 | −R 318.30 |
| | 0.1270 | Ksh 0.00 | R 126,974.24 | −R 343.76 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 0.1260 | – | R 125,999.00 | |
| | 0.1257 | Ksh 0.00 | R 125,684.00 | −R 315.00 |
| | 0.1257 | Ksh 0.00 | R 125,658.80 | −R 340.20 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 0.1272 | – | R 127,219.00 | |
| | 0.1269 | Ksh 0.00 | R 126,900.95 | −R 318.05 |
| | 0.1269 | Ksh 0.00 | R 126,875.51 | −R 343.49 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 0.1271 | – | R 127,114.00 | |
| | 0.1268 | Ksh 0.00 | R 126,796.22 | −R 317.78 |
| | 0.1268 | Ksh 0.00 | R 126,770.79 | −R 343.21 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 0.1269 | – | R 126,868.00 | |
| | 0.1266 | Ksh 0.00 | R 126,550.83 | −R 317.17 |
| | 0.1265 | Ksh 0.00 | R 126,525.46 | −R 342.54 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 0.1268 | – | R 126,837.00 | |
| | 0.1265 | Ksh 0.00 | R 126,519.91 | −R 317.09 |
| | 0.1265 | Ksh 0.00 | R 126,494.54 | −R 342.46 |
| Exchange rate | Fee | Recipient gets | Difference | |
|---|---|---|---|---|
| Mid-market rate | 0.1259 | – | R 125,900.00 | |
| | 0.1256 | Ksh 0.00 | R 125,585.25 | −R 314.75 |
| | 0.1256 | Ksh 0.00 | R 125,560.07 | −R 339.93 |
| Exchange rate | Fee | Recipient gets | Difference |
|---|
| Mid-market rate | 0.1259 | – | R 125,900.00 | |
|---|---|---|---|---|
| | ||||
| |
Each line shows what the recipient gets when you send Ksh 1,000,000, after fees, as quoted by each company. The mid-market line shows what Ksh 1,000,000 converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. There are no bank quotes for this period.
The dashed line is what you'd get at the mid-market rate with no fees, and the blue line is the cheapest option that day.
When the blue line goes above the dashed one, you're getting more ZAR per KES than the mid-market rate can offer.
This could be due to money transfer offers, FX rate adjustments, or market competitiveness.
No company, app or bank beat the mid-market rate over the past month, meaning you lose a bit of ZAR on every transfer from Kenya.
Right now, Key Currency pays 125,585.25 ZAR on 1,000,000 KES, which is 314.75 ZAR less than the mid-market amount.
Today's payout isn't the best this month though, since the highest receive amount was 128,496.95 ZAR.
If you can wait and want to get the most out of your transfer, create a rate alert and we'll let you know when the rate improves.
Just because a company is the cheapest today doesn't mean it's always the best option for sending money to South Africa.
We've tracked 60 comparisons to check how often today's top companies were the cheapest across 2 amounts over the past month.
Cheapest every time
Never the cheapest
Based on 14 comparisons across 2 amounts over the last 7 days.
Cheapest every time
Never the cheapest
Based on 60 comparisons across 2 amounts over the last 30 days.
Cheapest every time
Never the cheapest
Based on 123 comparisons across 2 amounts over the last 90 days.
Different companies can come out cheapest depending on the day and the amount you send.
To keep things fair, we only count the comparisons each company appeared in, and only analyse companies that appeared in at least 50% of all comparisons (so occasional cheapest options don't skew it).
Today Key Currency is the cheapest, but it only quotes some of the amounts we track, so it isn't included in these figures.
You have 2 companies sending money from Kenya to South Africa.
Paying from business accounts
Global accounts help Kenyan businesses pay suppliers and contractors in South Africa.
Payoneer and Veem specialise in recurring business payments, invoicing, and getting paid into Kenyan accounts from South Africa.
Currency brokers have no fees and add markup instead.
Usually the more KES you send to South Africa, the better rate you will get.
Availability also depends on whether you live in Kenya or are sending KES from elsewhere.
Key Currency charges no fee and adds 0.25% on KES/ZAR rate.
Our analysis shows Key Currency was the cheapest broker in 100% of all the transfers it quoted.
With Key Currency, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending KSh1,000,000 gives your recipient 125,585.25 ZAR.
Fund the transfer using bank transfer.
In South Africa, they can receive ZAR with bank deposit.
You pay KSh1,000,000.00
R125,585
Cheapest
Mobile money is the natural starting point for this route, but the registered recipient name and the tax added to the transfer fee both matter.
There are 2 companies available for a KSh1,000,000 payment to South Africa.
Cheapest option
Key Currency is cheapest when funded by bank transfer with bank deposit for the payout. Your recipient gets 125,585.25 ZAR, which is 0.02% more than the next best option.
Fastest option
Regency FX sends bank transfer to bank deposit in minutes - 24 hours, giving the recipient 125,560.07 ZAR.
Kenya charges 15% excise duty on fees for money-transfer services.
It applies to the fee charged by the bank, mobile operator or money transfer company, not to the KSh1,000,000 being sent.
Use the Central Bank of Kenya's directory to check a money-remittance company.
A legitimate company should also display its CBK licence or authorisation at its premises.
Only companies licensed by the Central Bank of Kenya appear here, which is the same check worth doing yourself before signing up anywhere.
In the past 30 days alone, we analysed 60 comparisons across 2 amounts.
This page covers the cheapest and fastest options for KES/ZAR transfers. This is how we pick them:
Cheapest: the company that gets your recipient the most, after fees and the exchange rate. On a tie, live pricing from the company takes priority over the rates we collect by hand.
Fastest: the company with the shortest estimated delivery time once you’ve paid. On a tie, the one that pays out more takes priority.
We track 2 of them on KES to South Africa in real time on live comparisons, comparing rates, fees and how the money is sent and collected, and each goes through our review.
More on who we are, why you can trust us and getting started.
Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.
Advanced filters
Advanced filters
Tailor this money transfer comparison to your needs.
Show companies that support specific transfer features.
Only show providers with user feedback and reviews.
Hide selected providers from the KES/ZAR comparison.
Search Now & Save On Your Transfer
Instantly view live exchange rates, fees & features.
Please share your experience with …