How to send money to Mauritius from South Africa with the best ZAR-MUR rate

From the 4 money transfer services available, we found Key Currency to be the cheapest and Regency FX to be the fastest.You can send ZAR via bank transfer, and you can receive MUR via bank deposit.

Best companies for ZAR/MUR transfers

4 of 4 providers

Last updated on 28 October 2026

Based on 130,000 ZAR transfer

Best companies for ZAR/MUR transfers

Sort Cheapest
Promoted

TorFx

Pay via Bank transfer
Fee R 0,00 1 ZAR = 2.8456 MUR +0.30% vs mid-market Recipient gets Rs 369 934,03 Minutes - 24 hours
Personal account managerReceive to bank accountIdeal for buying property abroad

Ways to receive money in Mauritius with TorFx when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 ZAR = 2.8456 MUR
Rs 369 934,03You payR 130 000,00
Promoted

Key Currency

Pay via Bank transfer
Fee R 0,00 1 ZAR = 2.8471 MUR +0.25% vs mid-market Recipient gets Rs 370 119,55 Minutes - 3 days
Personal account managerReceive to bank account

Ways to receive money in Mauritius with Key Currency when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 3 days
Free1 ZAR = 2.8471 MUR
Rs 370 119,55You payR 130 000,00

Run a live search

Showing top South Africa to Mauritius deals for 130,000 ZAR. Do a live search with your exact amount for today's best rates.
Exclusive: Special Rate for 1st Transfer

Key Currency

Pay via Bank transfer
Fee R 0,00 1 ZAR = 2.8471 MUR +0.25% vs mid-market Recipient gets Rs 370 119,55 Minutes - 3 days
Cheapest
Personal account managerReceive to bank account

Ways to receive money in Mauritius with Key Currency when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 3 days
Free1 ZAR = 2.8471 MUR
Rs 370 119,55You payR 130 000,00
Exclusive: First Transfer Deal

Regency FX

Pay via Bank transfer
Fee R 0,00 1 ZAR = 2.8465 MUR +0.27% vs mid-market Recipient gets Rs 370 045,34 Minutes - 24 hours
Personal account managerReceive to bank accountProfessional, personal service

Ways to receive money in Mauritius with Regency FX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 ZAR = 2.8465 MUR
Rs 370 045,34You payR 130 000,00

TorFx

Pay via Bank transfer
Fee R 0,00 1 ZAR = 2.8456 MUR +0.30% vs mid-market Recipient gets Rs 369 934,03 Minutes - 24 hours
FastestRecommended
Personal account managerReceive to bank accountIdeal for buying property abroad

Ways to receive money in Mauritius with TorFx when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 ZAR = 2.8456 MUR
Rs 369 934,03You payR 130 000,00

Currencies Direct

Pay via Bank transfer
Fee R 0,00 1 ZAR = 2.8302 MUR +0.84% vs mid-market Recipient gets Rs 367 926,00 Minutes - 24 hours
Personal account managerMulti-currency cardReceive to bank account

Ways to receive money in Mauritius with Currencies Direct when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 ZAR = 2.8302 MUR
Rs 367 926,00You payR 130 000,00
How Our Results Work
Mid-market rate: 1 ZAR = 2.8542 MUR Updates every 60 minutes.

How to send money from South Africa to Mauritius

Pick a company

For a one-off transfer to Mauritius, I suggest picking the cheapest option which is Key Currency.

Key Currency was the cheapest on 29 of the 29 days it quoted R130,000 transfers to Mauritius.

On a 130,000 ZAR transfer, Key Currency delivers the most MUR.

The best option will change depending on how much you actually send, so I suggest to get the best ZAR/MUR rate.

Fund your transfer

You have 1 ways to pay, including bank transfer.

PayShap is the quickest way to fund your transfer, though it caps at R50,000 a transaction.

Above that you're on a normal EFT, which is same-day or next-day rather than instant.

Verify and send

First time round you'll need your ID and proof of address.

Anything beyond your yearly allowance needs a tax number and clearance from SARS first, so check which side of that line you're on.

Compare amounts

How much ZAR are you sending to Mauritius?

How much ZAR you send to Mauritius 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
R 2 0000.85%R 0,00Rs 5 652,40with bank transfer to bank depositRs 0,00
R 4 5000.84%R 0,00Rs 12 717,90with bank transfer to bank depositRs 0,00
R 5 0000.85%R 0,00Rs 14 141,00with bank transfer to bank depositRs 0,00
R 50 0000.27%R 0,00Rs 142 256,22with bank transfer to bank depositRs 0,00
R 100 0000.30%R 0,00Rs 284 546,39with bank transfer to bank deposit+Rs 713,20
R 130 000This page0.25%R 0,00Rs 370 119,55with bank transfer to bank deposit+Rs 613,32

Mid-market rate: 1 ZAR = 2.8542 MUR

ZAR/MUR Exchange Rate History

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

The cheapest way to send ZAR to MUR 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 130,000 ZAR transfers to Mauritius.

MUR received for R 130 000, after fees

Wed, 28 Oct 2026Mid-market rateRs 371 047,17 Key Currency Rs 370 119,55Key CurrencyRs 370 119,55Regency FXRs 370 045,34TorFxRs 369 934,03

366 000
368 000
370 000
372 000
374 000
376 000
378 000
380 000
At the mid-market rateWith the cheapest optionKey CurrencyRegency FXTorFx
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.9005 – Rs 377 068,77
Key Currency Cheapest 2.8933 R 0,00 Rs 376 126,10 −Rs 942,67
Regency FX 2.8927 R 0,00 Rs 376 050,68 −Rs 1 018,09
TorFx 2.8918 R 0,00 Rs 375 937,56 −Rs 1 131,21
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.9172 – Rs 379 232,88
Key Currency Cheapest 2.9099 R 0,00 Rs 378 284,80 −Rs 948,08
Regency FX 2.9093 R 0,00 Rs 378 208,95 −Rs 1 023,93
TorFx 2.9084 R 0,00 Rs 378 095,18 −Rs 1 137,70
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.9003 – Rs 377 036,66
Key Currency Cheapest 2.8930 R 0,00 Rs 376 094,07 −Rs 942,59
Regency FX 2.8925 R 0,00 Rs 376 018,66 −Rs 1 018,00
TorFx 2.8916 R 0,00 Rs 375 905,55 −Rs 1 131,11
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.8917 – Rs 375 918,53
Key Currency Cheapest 2.8845 R 0,00 Rs 374 978,73 −Rs 939,80
Regency FX 2.8839 R 0,00 Rs 374 903,55 −Rs 1 014,98
TorFx 2.8830 R 0,00 Rs 374 790,77 −Rs 1 127,76
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.8910 – Rs 375 833,64
Key Currency Cheapest 2.8838 R 0,00 Rs 374 894,06 −Rs 939,58
Regency FX 2.8832 R 0,00 Rs 374 818,89 −Rs 1 014,75
TorFx 2.8824 R 0,00 Rs 374 706,14 −Rs 1 127,50
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.8910 – Rs 375 834,94
Key Currency Cheapest 2.8838 R 0,00 Rs 374 895,35 −Rs 939,59
Regency FX 2.8832 R 0,00 Rs 374 820,19 −Rs 1 014,75
TorFx 2.8824 R 0,00 Rs 374 707,44 −Rs 1 127,50
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.8762 – Rs 373 908,73
Key Currency Cheapest 2.8690 R 0,00 Rs 372 973,96 −Rs 934,77
Regency FX 2.8685 R 0,00 Rs 372 899,18 −Rs 1 009,55
TorFx 2.8676 R 0,00 Rs 372 787,00 −Rs 1 121,73
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.8614 – Rs 371 987,46
Key Currency Cheapest 2.8543 R 0,00 Rs 371 057,49 −Rs 929,97
Regency FX 2.8537 R 0,00 Rs 370 983,09 −Rs 1 004,37
TorFx 2.8529 R 0,00 Rs 370 871,50 −Rs 1 115,96
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.8554 – Rs 371 204,21
Key Currency Cheapest 2.8483 R 0,00 Rs 370 276,20 −Rs 928,01
Regency FX 2.8477 R 0,00 Rs 370 201,96 −Rs 1 002,25
TorFx 2.8469 R 0,00 Rs 370 090,60 −Rs 1 113,61
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.8446 – Rs 369 794,49
Key Currency Cheapest 2.8375 R 0,00 Rs 368 870,00 −Rs 924,49
Regency FX 2.8369 R 0,00 Rs 368 796,04 −Rs 998,45
TorFx 2.8360 R 0,00 Rs 368 685,11 −Rs 1 109,38
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.8728 – Rs 373 464,52
Key Currency Cheapest 2.8656 R 0,00 Rs 372 530,86 −Rs 933,66
Regency FX 2.8650 R 0,00 Rs 372 456,17 −Rs 1 008,35
TorFx 2.8642 R 0,00 Rs 372 344,13 −Rs 1 120,39
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.8729 – Rs 373 476,48
Key Currency Cheapest 2.8657 R 0,00 Rs 372 542,79 −Rs 933,69
Regency FX 2.8651 R 0,00 Rs 372 468,09 −Rs 1 008,39
TorFx 2.8643 R 0,00 Rs 372 356,05 −Rs 1 120,43
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.8729 – Rs 373 476,48
Key Currency Cheapest 2.8657 R 0,00 Rs 372 542,79 −Rs 933,69
Regency FX 2.8651 R 0,00 Rs 372 468,09 −Rs 1 008,39
TorFx 2.8643 R 0,00 Rs 372 356,05 −Rs 1 120,43
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.8809 – Rs 374 513,49
Key Currency Cheapest 2.8737 R 0,00 Rs 373 577,21 −Rs 936,28
Regency FX 2.8731 R 0,00 Rs 373 502,30 −Rs 1 011,19
TorFx 2.8722 R 0,00 Rs 373 389,95 −Rs 1 123,54
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.8994 – Rs 376 920,83
Key Currency Cheapest 2.8921 R 0,00 Rs 375 978,53 −Rs 942,30
Regency FX 2.8916 R 0,00 Rs 375 903,14 −Rs 1 017,69
TorFx 2.8907 R 0,00 Rs 375 790,07 −Rs 1 130,76
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.8867 – Rs 375 275,94
Key Currency Cheapest 2.8795 R 0,00 Rs 374 337,75 −Rs 938,19
Regency FX 2.8789 R 0,00 Rs 374 262,69 −Rs 1 013,25
TorFx 2.8781 R 0,00 Rs 374 150,11 −Rs 1 125,83
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.8581 – Rs 371 554,04
Key Currency Cheapest 2.8510 R 0,00 Rs 370 625,15 −Rs 928,89
Regency FX 2.8504 R 0,00 Rs 370 550,84 −Rs 1 003,20
TorFx 2.8495 R 0,00 Rs 370 439,38 −Rs 1 114,66
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.8719 – Rs 373 340,89
Key Currency Cheapest 2.8647 R 0,00 Rs 372 407,54 −Rs 933,35
Regency FX 2.8641 R 0,00 Rs 372 332,87 −Rs 1 008,02
TorFx 2.8632 R 0,00 Rs 372 220,87 −Rs 1 120,02
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.8635 – Rs 372 252,66
Key Currency Cheapest 2.8563 R 0,00 Rs 371 322,03 −Rs 930,63
Regency FX 2.8558 R 0,00 Rs 371 247,58 −Rs 1 005,08
TorFx 2.8549 R 0,00 Rs 371 135,90 −Rs 1 116,76
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.8635 – Rs 372 252,66
Key Currency Cheapest 2.8563 R 0,00 Rs 371 322,03 −Rs 930,63
Regency FX 2.8558 R 0,00 Rs 371 247,58 −Rs 1 005,08
TorFx 2.8549 R 0,00 Rs 371 135,90 −Rs 1 116,76
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.8654 – Rs 372 496,15
Key Currency Cheapest 2.8582 R 0,00 Rs 371 564,91 −Rs 931,24
Regency FX 2.8576 R 0,00 Rs 371 490,41 −Rs 1 005,74
TorFx 2.8568 R 0,00 Rs 371 378,66 −Rs 1 117,49
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
Currencies Direct Cheapest 2.8561 R 0,00 Rs 371 293,00 –
Key Currency No quote collected this day – – – –
Regency FX No quote collected this day – – – –
TorFx No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.8845 – Rs 374 983,44
Key Currency Cheapest 2.8773 R 0,00 Rs 374 045,98 −Rs 937,46
Regency FX 2.8767 R 0,00 Rs 373 970,98 −Rs 1 012,46
TorFx 2.8758 R 0,00 Rs 373 858,49 −Rs 1 124,95
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.8610 – Rs 371 928,05
Key Currency Cheapest 2.8538 R 0,00 Rs 370 998,23 −Rs 929,82
Regency FX 2.8533 R 0,00 Rs 370 923,84 −Rs 1 004,21
TorFx 2.8524 R 0,00 Rs 370 812,27 −Rs 1 115,78
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.8494 – Rs 370 420,31
Key Currency Cheapest 2.8423 R 0,00 Rs 369 494,26 −Rs 926,05
Regency FX 2.8417 R 0,00 Rs 369 420,18 −Rs 1 000,13
TorFx 2.8408 R 0,00 Rs 369 309,05 −Rs 1 111,26
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.8455 – Rs 369 913,70
Key Currency Cheapest 2.8384 R 0,00 Rs 368 988,92 −Rs 924,78
Regency FX 2.8378 R 0,00 Rs 368 914,93 −Rs 998,77
TorFx 2.8370 R 0,00 Rs 368 803,96 −Rs 1 109,74
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.8455 – Rs 369 913,70
Key Currency Cheapest 2.8384 R 0,00 Rs 368 988,92 −Rs 924,78
Regency FX 2.8378 R 0,00 Rs 368 914,93 −Rs 998,77
TorFx 2.8370 R 0,00 Rs 368 803,96 −Rs 1 109,74
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.8359 – Rs 368 671,81
Key Currency Cheapest 2.8288 R 0,00 Rs 367 750,13 −Rs 921,68
Regency FX 2.8283 R 0,00 Rs 367 676,40 −Rs 995,41
TorFx 2.8274 R 0,00 Rs 367 565,79 −Rs 1 106,02
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.8400 – Rs 369 197,53
Key Currency Cheapest 2.8329 R 0,00 Rs 368 274,54 −Rs 922,99
Regency FX 2.8323 R 0,00 Rs 368 200,70 −Rs 996,83
TorFx 2.8315 R 0,00 Rs 368 089,94 −Rs 1 107,59
Exchange rateFeeRecipient getsDifference
Mid-market rate 2.8542 – Rs 371 047,17
Key Currency Cheapest 2.8471 R 0,00 Rs 370 119,55 −Rs 927,62
Regency FX 2.8465 R 0,00 Rs 370 045,34 −Rs 1 001,83
TorFx 2.8456 R 0,00 Rs 369 934,03 −Rs 1 113,14

Exchange rateFeeRecipient getsDifference

Each line shows what the recipient gets when you send R 130 000, after fees, as quoted by each company. The mid-market line shows what R 130 000 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 MUR per ZAR 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 MUR on every transfer from South Africa.

Right now, Key Currency pays 370,119.55 MUR on 130,000 ZAR, which is 927.62 MUR less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 378,284.8 MUR.

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 Mauritius.

We've tracked 123 comparisons to check how often today's top companies were the cheapest across 6 amounts over the past month.

  1. Key CurrencyAppeared in 29 comparisons

    Cheapest every time

  2. Regency FXAppeared in 41 comparisons

    Cheapest in 29% of them

  3. TorFxAppeared in 43 comparisons

    Cheapest in 2% of them

Based on 123 comparisons across 6 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, but it only quotes some of the amounts we track, so it isn't included in these figures.

Ways to send money from South Africa to Mauritius

4 companies send money from South Africa to Mauritius.

Emigration and large transfers

Currency brokers

Currency brokers are great for large transfers from South Africa to Mauritius.

They have no fees and add a markup on top of ZAR/MUR rate.

Key Currency charges an exchange-rate markup of around 0.25% and no fees.

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

Also, don’t forget about the R2 million limits on transfers from South Africa (more below).

For business payments abroad

Global accounts

Global accounts like Airwallex, Veem or Payoneer help South African businesses make recurring payments to suppliers and contractors in Mauritius.

Ways to fund ZAR and receive MUR in Mauritius

With Key Currency, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending R130,000 gives your recipient 370,119.55 MUR.

You can fund the transfer with bank transfer.

To receive MUR in Mauritius, your recipient can use bank deposit.

  1. 1
    Bank transfer Bank deposit

    You pay R130,000.00

    ₨370,120

    Cheapest

Consider this when sending ZAR to Mauritius

South African exchange control dictates how much you can move and which paperwork you need. The exchange-rate margin then decides whether a bank, an online money transfer company or a forex specialist is cheaper.

Compare ZAR/MUR transfer options

For a ZAR 130,000 transfer to Mauritius, the current best options are:

The cheapest option is Key Currency, funded by bank transfer with bank deposit for the payout. Your recipient gets 370,119.55 MUR, which is 0.02% more than the next best option.

The fastest option is Regency FX, funded by bank transfer with bank deposit for the payout. Your recipient gets 370,045.34 MUR in minutes - 24 hours.

R2 million allowance

South African residents aged 18 or older can use the single discretionary allowance to transfer up to R2 million per calendar year for legal purposes abroad without a SARS tax-compliance PIN.

A further foreign capital allowance of up to R10 million is available with an Approval International Transfer PIN from SARS.

Amounts above the allowances need specific approval through an authorised dealer.

The allowances cover more than money transfers.

Foreign card spending and other qualifying use can reduce what remains, so check your year-to-date total before making payments.

The SARB Financial Surveillance guidance explains how the allowances can be used.

Get the purpose code right

Every legal cross-border payment in rand passes through an authorised dealer and carries a balance-of-payments purpose code.

A bank, transfer company or forex specialist may handle the form, but you are still responsible for giving the right reason.

Keep any relevant documents on hand, such as the property sale agreement, emigration documents, tuition invoice, proof of savings, etc.

For an emigration transfer, a specialist service can be useful because the AIT paperwork matters as much as the rate.

A gift can create donations tax

For the 2026/27 tax year, a natural person can make up to R150,000 of donations each year before donations tax applies.

The donor generally pays 20% on taxable donations up to the first R30 million of cumulative taxable gifts.

Payments between spouses and reasonable maintenance payments can be exempt.

A large family transfer should be classified before sending, rather than treated as tax-free because the recipient lives abroad.

Only use authorised companies

Search the company or its FSP number in the FSCA register.

Never move a transfer to crypto or a personal account to bypass exchange control.

Keep the quote, purpose-code confirmation and proof of payment until the recipient has the money.

How we analyse the market

Every rand that leaves South Africa goes through an authorised dealer, and every company here is FSCA-registered.

We track 4 of them on ZAR to Mauritius, comparing rates, fees and the pay-in and payout options in real time on live comparisons.

In the past 30 days alone, we analysed 123 comparisons across 6 amounts.

This page covers the cheapest and fastest options for ZAR/MUR 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.

Nothing appears without passing our review.

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