Best companies for QAR/ZAR transfers
4 of 4 providers Last updated on 10 November 2026
Based on 50,000 QAR transfer Best companies for QAR/ZAR transfers Sort Cheapest
Promoted Xe Pay via Bank transfer	Fee QAR 0.00 1 QAR = 4.4345 ZAR +1.21% vs mid-market	Recipient gets R 221,725.00 Minutes - 24 hours
4 reviews Personal account managerReceive to bank accountDedicated support for larger transactions
Ways to receive money in South Africa with Xe when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 QAR = 4.4345 ZAR R 221,725.00You payQAR 50,000.00
Promoted Key Currency Pay via Bank transfer	Fee QAR 0.00 1 QAR = 4.4774 ZAR +0.25% vs mid-market	Recipient gets R 223,871.47 Minutes - 3 days
4 reviews Personal account managerReceive to bank account
Ways to receive money in South Africa with Key Currency when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 3 days Free1 QAR = 4.4774 ZAR R 223,871.47You payQAR 50,000.00
Run a live search Showing top Qatar to South Africa deals for 50,000 QAR. 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 QAR 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 QAR you're planning to spend in South Africa.
Run a live search These are managed services with real human support for large QAR 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 QAR 0.00 1 QAR = 4.4774 ZAR +0.25% vs mid-market	Recipient gets R 223,871.47 Minutes - 3 days
4 reviews CheapestOur top pick Personal account managerReceive to bank account
Ways to receive money in South Africa with Key Currency when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 3 days Free1 QAR = 4.4774 ZAR R 223,871.47You payQAR 50,000.00
Exclusive: First Transfer Deal Regency FX Pay via Bank transfer	Fee QAR 0.00 1 QAR = 4.4765 ZAR +0.27% vs mid-market	Recipient gets R 223,826.58 Minutes - 24 hours
9 reviews Personal account managerReceive to bank accountProfessional, personal service
Ways to receive money in South Africa with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 QAR = 4.4765 ZAR R 223,826.58You payQAR 50,000.00
Xe Pay via Bank transfer	Fee QAR 0.00 1 QAR = 4.4345 ZAR +1.21% vs mid-market	Recipient gets R 221,725.00 Minutes - 24 hours
4 reviews Fastest Personal account managerReceive to bank accountDedicated support for larger transactions
Ways to receive money in South Africa with Xe when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 QAR = 4.4345 ZAR R 221,725.00You payQAR 50,000.00
Moneycorp Pay via Bank transfer	Fee QAR 0.00 1 QAR = 4.4303 ZAR +1.30% vs mid-market	Recipient gets R 221,514.93 Minutes - 2 days
0 reviews
Ways to receive money in South Africa with Moneycorp when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 2 days Free1 QAR = 4.4303 ZAR R 221,514.93You payQAR 50,000.00
How Our Results Work Mid-market rate: 1 QAR = 4.4887 ZAR Updates every 60 minutes.

Why compare

QAR/ZAR exchange rate

Best ways to pay & receive

Transfer speed

How to send money from Qatar to South Africa

Pick a company

I suggest starting with Key Currency which is the cheapest option for sending QAR50,000.

Key Currency was the cheapest on 29 of the 29 days it quoted QAR50,000 transfers to South Africa.

Fund your transfer

You have 1 options to pay: bank transfer.

In most cases Himyan will work for deposits, but it's worth double checking with the transfer company.

Verify and send

You'll need your QID to register and to send.

Once you're set up, sending again to the same person takes under a minute, which is the point of registering properly the first time.

QAR/ZAR Exchange Rate History

Is today a good time to send money from Qatar to South Africa?

The cheapest way to send QAR 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 50,000 QAR transfers to South Africa.

Each line shows what the recipient gets when you send QAR 50,000, after fees, as quoted by each company. The mid-market line shows what QAR 50,000 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 QAR 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 Qatar.

Right now, Key Currency pays 223,871.47 ZAR on 50,000 QAR, which is 561.08 ZAR less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 229,039.12 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.

Cheapest over time

Picking the cheapest money transfer company

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 30 comparisons to check how often today's top companies were the cheapest across 1 amounts over the past month.

Key CurrencyAppeared in 29 comparisons
Cheapest every time
Regency FXAppeared in 29 comparisons
Never the cheapest
XeAppeared in 29 comparisons
Never the cheapest

Based on 30 comparisons across 1 amounts over the last 30 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 and gets you the most ZAR, and it was also the cheapest in 100% of the 29 comparisons it appeared in over the past month.

It's a good pick for both one-off and regular transfers to South Africa.

Regency FX (today's second cheapest) was the cheapest in only 0% of its comparisons, so it's rarely the cheapest option for transfers to South Africa.

Ways to send money from Qatar to South Africa

There are 4 ways to send money from Qatar to South Africa across 4 companies, mostly through currency broker, online, app, and global business account.

Simplest way to send QAR

Digital wallets & apps

Money transfer apps and wallets are best for small and frequent transfers from Qatar to South Africa.

It's good for things like monthly payments home, family support, bill payments from abroad, etc.

Xe is the cheapest money transfer app for QAR/ZAR transfers.

Sending QAR 50,000 will get you 221,725 ZAR in minutes - 24 hours.

That’s including 0 QAR fee and 1.21% markup.

Over the past month, Xe was the cheapest app on 100% of the days it appeared for QAR50,000 transfers.

Wallets like Ooredoo Money aggregate rates from several exchange houses, but it’s not always the cheapest.

For one-off transfers from Qatar

Online transfers

Sending online from Qatar is different from most countries, because many of the big global services simply don't work here.

From the available options, Xe is the cheapest one.

For example, sending QAR 50,000 will get you 221,725 ZAR with a QAR 0 fee and 1.21% markup.

In our comparisons over the past month, it was the cheapest online service on 17 of the 29 days it quoted.

However, it’s worth comparing rates to Ooredoo Money to see who offers more ZAR.

Holding, spending, and travelling

US Dollar accounts

Alternatively to other options, you can open a US Dollar account.

Since QAR is pegged to USD, it costs almost nothing to convert, and it’s easier to send USD to South Africa.

This is especially useful if you're from another country staying in Qatar (as residency plays a big role when signing up to money transfer companies and apps).

For large QAR transfers abroad

Currency brokers

Currency brokers have dedicated account managers to handle your transfer end to end.

This makes it the best option for large QAR transfers. For example, investing abroad, buying property, paying education fees, etc.

For example, Key Currency adds 0.25% markup with no fees.

Our analysis shows Key Currency was the cheapest broker in 100% of all the transfers it quoted.

Ways to fund QAR and receive ZAR in South Africa

With Key Currency, paying by bank transfer and receiving through a bank deposit is the cheapest combination. Sending QAR 50,000 gives your recipient 223,871.47 ZAR.

You can pay in QAR using bank transfer.

In South Africa, the recipient can receive ZAR through bank deposit.

1

Bank transfer Bank deposit

You pay QAR50,000.00

R223,871

Cheapest

Things to consider when sending money from Qatar to South Africa

Qatar's exchange houses handle most personal transfers, while your QID and the provider's own salary-based limits can decide how much you can send online.

Compare QAR/ZAR transfer options

For a QAR 50,000 transfer to South Africa, I would suggest starting with these:

Cheapest way to send money to South Africa

Key Currency is the cheapest when funded by bank transfer with bank deposit for the payout. Your recipient gets 223,871.47 ZAR, which is 0.02% more than the next best option.

Fastest way to send money to South Africa

Regency FX delivers 223,826.58 ZAR in minutes - 24 hours when you pay by bank transfer and withdraw with bank deposit.

Keep your QID current

Your QID is used to open and verify bank, money transfer apps, wallets, and exchange-house accounts.

A company can pause a transfer or restrict the account when the identity record is expired or does not match.

If you are leaving Qatar, arrange the transfer of savings and end-of-service pay while your QID and bank access are still active.

Large or unusual payments may need a salary certificate, bank statement or end-of-service document.

Online and wallet limits often follow the provider's risk checks and the income recorded on your account.

Keep the receipt until the money arrives

Check the recipient's account name and bank details in South Africa before paying.

If the transfer is held, contact the company first and ask for a trace rather than sending it again.

Unresolved complaints about a QCB-regulated financial institution can be taken to the QCB Customer Protection Department.

How we analyse the market

Every exchange house and company here is licensed by the Qatar Central Bank.

We track 4 of them on QAR to South Africa in real time on live comparisons. Since the riyal is fixed to the dollar, we compare on what arrives in ZAR rather than on the fee.

In the past 30 days alone, we analysed 30 comparisons across 1 amounts.

This page covers the cheapest and fastest options for QAR/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.

Each goes through our review first.

Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.

Send money from Qatar

Send money from Qatar to United Arab Emirates Send money from Qatar to United Kingdom Send money from Qatar to Philippines Send money from Qatar to Nigeria Send money from Qatar to India Send money from Qatar to United States Send money from Qatar to South Africa Send money from Qatar to Canada Send money from Qatar to Pakistan Send money from Qatar to Japan Send money from Qatar to Saudi Arabia Send money from Qatar to Kenya Send money from Qatar to Australia

Send money to South Africa

Send money from United States to South Africa Send money from Nigeria to South Africa Send money from United Kingdom to South Africa Send money from United Arab Emirates to South Africa Send money from India to South Africa Send money from Germany to South Africa Send money from Kenya to South Africa

Mon, Oct 12, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	4.5205	–	R 226,027.30
Key Currency Cheapest	4.5092	QAR 0.00	R 225,462.23	−R 565.07
Regency FX	4.5083	QAR 0.00	R 225,417.03	−R 610.27
Xe	4.4748	QAR 0.00	R 223,740.00	−R 2,287.30

Tue, Oct 13, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	4.5038	–	R 225,188.35
Key Currency Cheapest	4.4925	QAR 0.00	R 224,625.38	−R 562.97
Regency FX	4.4916	QAR 0.00	R 224,580.34	−R 608.01
Xe	4.4708	QAR 0.00	R 223,540.00	−R 1,648.35

Wed, Oct 14, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	4.5654	–	R 228,269.45
Key Currency Cheapest	4.5540	QAR 0.00	R 227,698.78	−R 570.67
Regency FX	4.5531	QAR 0.00	R 227,653.12	−R 616.33
Xe	4.5035	QAR 0.00	R 225,175.00	−R 3,094.45

Thu, Oct 15, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	4.5361	–	R 226,802.70
Key Currency Cheapest	4.5247	QAR 0.00	R 226,235.69	−R 567.01
Regency FX	4.5238	QAR 0.00	R 226,190.33	−R 612.37
Xe	4.4791	QAR 0.00	R 223,955.00	−R 2,847.70

Fri, Oct 16, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	4.5063	–	R 225,317.00
Key Currency Cheapest	4.4951	QAR 0.00	R 224,753.71	−R 563.29
Regency FX	4.4942	QAR 0.00	R 224,708.64	−R 608.36
Xe	4.4532	QAR 0.00	R 222,660.00	−R 2,657.00

Sat, Oct 17, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	4.5057	–	R 225,283.95
Key Currency Cheapest	4.4944	QAR 0.00	R 224,720.74	−R 563.21
Regency FX	4.4935	QAR 0.00	R 224,675.68	−R 608.27
Xe	4.4082	QAR 0.00	R 220,410.00	−R 4,873.95

Mon, Oct 19, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	4.4921	–	R 224,606.10
Key Currency Cheapest	4.4809	QAR 0.00	R 224,044.58	−R 561.52
Regency FX	4.4800	QAR 0.00	R 223,999.66	−R 606.44
Xe	4.4653	QAR 0.00	R 223,265.00	−R 1,341.10

Tue, Oct 20, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	4.5072	–	R 225,361.05
Key Currency Cheapest	4.4960	QAR 0.00	R 224,797.65	−R 563.40
Regency FX	4.4951	QAR 0.00	R 224,752.58	−R 608.47
Xe	4.4488	QAR 0.00	R 222,440.00	−R 2,921.05

Wed, Oct 21, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	4.5285	–	R 226,426.55
Key Currency Cheapest	4.5172	QAR 0.00	R 225,860.48	−R 566.07
Regency FX	4.5163	QAR 0.00	R 225,815.20	−R 611.35
Xe	4.4531	QAR 0.00	R 222,655.00	−R 3,771.55

Thu, Oct 22, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	4.5166	–	R 225,829.75
Key Currency Cheapest	4.5053	QAR 0.00	R 225,265.18	−R 564.57
Regency FX	4.5044	QAR 0.00	R 225,220.01	−R 609.74
Xe	4.4626	QAR 0.00	R 223,130.00	−R 2,699.75

Fri, Oct 23, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	4.5373	–	R 226,866.45
Key Currency Cheapest	4.5260	QAR 0.00	R 226,299.28	−R 567.17
Regency FX	4.5251	QAR 0.00	R 226,253.91	−R 612.54
Xe	4.4933	QAR 0.00	R 224,665.00	−R 2,201.45

Sat, Oct 24, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	4.5500	–	R 227,497.90
Key Currency Cheapest	4.5386	QAR 0.00	R 226,929.16	−R 568.74
Regency FX	4.5377	QAR 0.00	R 226,883.66	−R 614.24
Xe	4.4363	QAR 0.00	R 221,815.00	−R 5,682.90

Mon, Oct 26, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	4.5546	–	R 227,729.80
Key Currency Cheapest	4.5432	QAR 0.00	R 227,160.48	−R 569.32
Regency FX	4.5423	QAR 0.00	R 227,114.93	−R 614.87
Xe	4.4913	QAR 0.00	R 224,565.00	−R 3,164.80

Tue, Oct 27, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	4.5516	–	R 227,581.85
Key Currency Cheapest	4.5403	QAR 0.00	R 227,012.90	−R 568.95
Regency FX	4.5393	QAR 0.00	R 226,967.38	−R 614.47
Xe	4.5186	QAR 0.00	R 225,930.00	−R 1,651.85

Wed, Oct 28, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	4.5611	–	R 228,053.30
Key Currency Cheapest	4.5497	QAR 0.00	R 227,483.17	−R 570.13
Regency FX	4.5488	QAR 0.00	R 227,437.56	−R 615.74
Xe	4.5153	QAR 0.00	R 225,765.00	−R 2,288.30

Thu, Oct 29, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	4.5729	–	R 228,645.10
Key Currency Cheapest	4.5615	QAR 0.00	R 228,073.49	−R 571.61
Regency FX	4.5606	QAR 0.00	R 228,027.76	−R 617.34
Xe	4.5109	QAR 0.00	R 225,545.00	−R 3,100.10

Fri, Oct 30, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	4.5650	–	R 228,252.20
Key Currency Cheapest	4.5536	QAR 0.00	R 227,681.57	−R 570.63
Regency FX	4.5527	QAR 0.00	R 227,635.92	−R 616.28
Xe	4.5104	QAR 0.00	R 225,520.00	−R 2,732.20

Sat, Oct 31, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	4.5923	–	R 229,613.15
Key Currency Cheapest	4.5808	QAR 0.00	R 229,039.12	−R 574.03
Regency FX	4.5799	QAR 0.00	R 228,993.19	−R 619.96
Xe	4.4704	QAR 0.00	R 223,520.00	−R 6,093.15

Mon, Nov 2, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	4.5549	–	R 227,746.35
Key Currency Cheapest	4.5435	QAR 0.00	R 227,176.98	−R 569.37
Regency FX	4.5426	QAR 0.00	R 227,131.43	−R 614.92
Xe	4.5129	QAR 0.00	R 225,645.00	−R 2,101.35

Tue, Nov 3, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	4.5537	–	R 227,686.60
Key Currency Cheapest	4.5423	QAR 0.00	R 227,117.38	−R 569.22
Regency FX	4.5414	QAR 0.00	R 227,071.85	−R 614.75
Xe	4.5103	QAR 0.00	R 225,515.00	−R 2,171.60

Wed, Nov 4, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	4.5482	–	R 227,409.65
Key Currency Cheapest	4.5368	QAR 0.00	R 226,841.13	−R 568.52
Regency FX	4.5359	QAR 0.00	R 226,795.64	−R 614.01
Xe	4.4697	QAR 0.00	R 223,485.00	−R 3,924.65

Thu, Nov 5, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	4.4887	–	R 224,432.75
Key Currency Cheapest	4.4774	QAR 0.00	R 223,871.67	−R 561.08
Regency FX	4.4765	QAR 0.00	R 223,826.78	−R 605.97
Xe	4.4350	QAR 0.00	R 221,750.00	−R 2,682.75

Fri, Nov 6, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	4.5083	–	R 225,415.30
Key Currency Cheapest	4.4970	QAR 0.00	R 224,851.76	−R 563.54
Regency FX	4.4961	QAR 0.00	R 224,806.68	−R 608.62
Xe	4.4715	QAR 0.00	R 223,575.00	−R 1,840.30

Sat, Nov 7, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	4.5343	–	R 226,712.80
Moneycorp Cheapest	4.4436	QAR 0.00	R 222,178.54	−R 4,534.26
Key Currency No quote collected this day	–	–	–	–
Regency FX No quote collected this day	–	–	–	–
Xe No quote collected this day	–	–	–	–

Sun, Nov 8, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	4.5101	–	R 225,503.05
Key Currency Cheapest	4.4988	QAR 0.00	R 224,939.29	−R 563.76
Regency FX	4.4979	QAR 0.00	R 224,894.19	−R 608.86
Xe	4.4268	QAR 0.00	R 221,340.00	−R 4,163.05

How to send money to South Africa from Qatar with the best QAR-ZAR rate

Best companies for QAR/ZAR transfers