Send Money to New Zealand from South Africa | Best ZAR-NZD Exchange Rates

Best companies for ZAR/NZD transfers
6 of 6 providers Last updated on 10 November 2026
Based on 130,000 ZAR transfer Best companies for ZAR/NZD transfers Sort Cheapest
Promoted TorFx Pay via Bank transfer	Fee R 0,00 1 ZAR = 0.1081 NZD +0.30% vs mid-market	Recipient gets $14 054,13 Minutes - 24 hours
2 reviews Personal account managerReceive to bank accountIdeal for buying property abroad
Ways to receive money in New Zealand with TorFx when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 ZAR = 0.1081 NZD $14 054,13You payR 130 000,00
Promoted Key Currency Pay via Bank transfer	Fee R 0,00 1 ZAR = 0.1082 NZD +0.25% vs mid-market	Recipient gets $14 061,18 Minutes - 3 days
4 reviews Personal account managerReceive to bank account
Ways to receive money in New Zealand with Key Currency when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 3 days Free1 ZAR = 0.1082 NZD $14 061,18You payR 130 000,00
Run a live search Showing top South Africa to New Zealand deals for 130,000 ZAR. 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 ZAR to NZD rates.
Run a live search These companies offer multi-currency accounts for spending NZD. We suggest doing a live search based on how much ZAR you're planning to spend in New Zealand.
Run a live search These are managed services with real human support for large ZAR 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 R 0,00 1 ZAR = 0.1082 NZD +0.25% vs mid-market	Recipient gets $14 061,18 Minutes - 3 days
4 reviews Cheapest Personal account managerReceive to bank account
Ways to receive money in New Zealand with Key Currency when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 3 days Free1 ZAR = 0.1082 NZD $14 061,18You payR 130 000,00
Exclusive: First Transfer Deal Regency FX Pay via Bank transfer	Fee R 0,00 1 ZAR = 0.1081 NZD +0.27% vs mid-market	Recipient gets $14 058,36 Minutes - 24 hours
9 reviews Personal account managerReceive to bank accountProfessional, personal service
Ways to receive money in New Zealand with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 ZAR = 0.1081 NZD $14 058,36You payR 130 000,00
TorFx Pay via Bank transfer	Fee R 0,00 1 ZAR = 0.1081 NZD +0.30% vs mid-market	Recipient gets $14 054,13 Minutes - 24 hours
2 reviews FastestOur top pick Personal account managerReceive to bank accountIdeal for buying property abroad
Ways to receive money in New Zealand with TorFx when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 ZAR = 0.1081 NZD $14 054,13You payR 130 000,00
Currencies Direct Pay via Bank transfer	Fee R 0,00 1 ZAR = 0.1077 NZD +0.68% vs mid-market	Recipient gets $14 001,00 Minutes - 24 hours
3 reviews Personal account managerMulti-currency cardReceive to bank account
Ways to receive money in New Zealand with Currencies Direct when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 ZAR = 0.1077 NZD $14 001,00You payR 130 000,00
CurrencyFair Pay via Bank transfer	Fee R 46,11 1 ZAR = 0.1077 NZD +0.72% vs mid-market	Recipient gets $13 990,80 Minutes - 24 hours
3 reviews Receive to bank account
Ways to receive money in New Zealand with CurrencyFair when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours R 46,111 ZAR = 0.1077 NZD $13 990,80You payR 130 000,00
Moneycorp Pay via Bank transfer	Fee R 0,00 1 ZAR = 0.1069 NZD +1.40% vs mid-market	Recipient gets $13 899,07 Minutes - 2 days
0 reviews
Ways to receive money in New Zealand with Moneycorp when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 2 days Free1 ZAR = 0.1069 NZD $13 899,07You payR 130 000,00
How Our Results Work Mid-market rate: 1 ZAR = 0.1084 NZD Updates every 60 minutes.

Why compare

ZAR/NZD exchange rate

Best ways to pay & receive

Transfer speed

How to send money from South Africa to New Zealand

Pick a company

For a one-off transfer to New Zealand, 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 New Zealand.

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

The best option will change depending on how much you actually send, so I suggest to get the best ZAR/NZD 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 New Zealand?

How much ZAR you send to New Zealand 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.


R 2 000	0.68%	R 0,00	$215,40with bank transfer to bank deposit	+$11,19
R 4 500	0.72%	R 46,10	$479,60with bank transfer to bank deposit	+$23,77
R 5 000	0.54%	R 0,00	$539,00with bank transfer to bank deposit	+$27,34
R 50 000	0.27%	R 0,00	$5 404,72with bank transfer to bank deposit	+$32,29
R 100 000	0.27%	R 0,00	$10 805,55with bank transfer to bank deposit	+$42,76
R 130 000This page	0.25%	R 0,00	$14 061,18with bank transfer to bank deposit	+$50,42

Mid-market rate: 1 ZAR = 0.1084 NZD

ZAR/NZD Exchange Rate History

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

The cheapest way to send ZAR to NZD 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 New Zealand.

Mon, 12 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1082	–	$14 063,66
Key Currency Cheapest	0.1079	R 0,00	$14 028,50	−$35,16
Regency FX	0.1079	R 0,00	$14 025,69	−$37,97
TorFx	0.1079	R 0,00	$14 021,47	−$42,19

Tue, 13 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1084	–	$14 095,51
Key Currency Cheapest	0.1082	R 0,00	$14 060,27	−$35,24
Regency FX	0.1081	R 0,00	$14 057,45	−$38,06
TorFx	0.1081	R 0,00	$14 053,22	−$42,29

Wed, 14 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1079	–	$14 021,67
Key Currency Cheapest	0.1076	R 0,00	$13 986,62	−$35,05
Regency FX	0.1076	R 0,00	$13 983,81	−$37,86
TorFx	0.1075	R 0,00	$13 979,60	−$42,07

Thu, 15 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1076	–	$13 992,29
Key Currency Cheapest	0.1074	R 0,00	$13 957,31	−$34,98
Regency FX	0.1073	R 0,00	$13 954,51	−$37,78
TorFx	0.1073	R 0,00	$13 950,31	−$41,98

Fri, 16 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1073	–	$13 954,72
Key Currency Cheapest	0.1071	R 0,00	$13 919,83	−$34,89
Regency FX	0.1071	R 0,00	$13 917,04	−$37,68
TorFx	0.1070	R 0,00	$13 912,86	−$41,86

Sat, 17 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1071	–	$13 928,85
Key Currency Cheapest	0.1069	R 0,00	$13 894,03	−$34,82
Regency FX	0.1069	R 0,00	$13 891,24	−$37,61
TorFx	0.1068	R 0,00	$13 887,06	−$41,79

Sun, 18 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1071	–	$13 928,85
Key Currency Cheapest	0.1069	R 0,00	$13 894,03	−$34,82
Regency FX	0.1069	R 0,00	$13 891,24	−$37,61
TorFx	0.1068	R 0,00	$13 887,06	−$41,79

Mon, 19 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1073	–	$13 943,67
Key Currency Cheapest	0.1070	R 0,00	$13 908,81	−$34,86
Regency FX	0.1070	R 0,00	$13 906,02	−$37,65
TorFx	0.1069	R 0,00	$13 901,84	−$41,83

Tue, 20 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1072	–	$13 934,44
Key Currency Cheapest	0.1069	R 0,00	$13 899,60	−$34,84
Regency FX	0.1069	R 0,00	$13 896,82	−$37,62
TorFx	0.1069	R 0,00	$13 892,64	−$41,80

Wed, 21 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1072	–	$13 936,00
Key Currency Cheapest	0.1069	R 0,00	$13 901,16	−$34,84
Regency FX	0.1069	R 0,00	$13 898,37	−$37,63
TorFx	0.1069	R 0,00	$13 894,19	−$41,81

Thu, 22 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1066	–	$13 861,25
Key Currency Cheapest	0.1064	R 0,00	$13 826,60	−$34,65
Regency FX	0.1063	R 0,00	$13 823,82	−$37,43
TorFx	0.1063	R 0,00	$13 819,67	−$41,58

Fri, 23 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1062	–	$13 807,43
Key Currency Cheapest	0.1059	R 0,00	$13 772,91	−$34,52
Regency FX	0.1059	R 0,00	$13 770,15	−$37,28
TorFx	0.1059	R 0,00	$13 766,01	−$41,42

Sat, 24 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1056	–	$13 733,20
Key Currency Cheapest	0.1054	R 0,00	$13 698,87	−$34,33
Regency FX	0.1054	R 0,00	$13 696,12	−$37,08
TorFx	0.1053	R 0,00	$13 692,00	−$41,20

Sun, 25 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1056	–	$13 733,20
Key Currency Cheapest	0.1054	R 0,00	$13 698,87	−$34,33
Regency FX	0.1054	R 0,00	$13 696,12	−$37,08
TorFx	0.1053	R 0,00	$13 692,00	−$41,20

Mon, 26 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1058	–	$13 751,66
Key Currency Cheapest	0.1055	R 0,00	$13 717,28	−$34,38
Regency FX	0.1055	R 0,00	$13 714,53	−$37,13
TorFx	0.1055	R 0,00	$13 710,41	−$41,25

Tue, 27 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1054	–	$13 708,11
Key Currency Cheapest	0.1052	R 0,00	$13 673,84	−$34,27
Regency FX	0.1052	R 0,00	$13 671,10	−$37,01
TorFx	0.1051	R 0,00	$13 666,99	−$41,12

Wed, 28 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1069	–	$13 895,05
Key Currency Cheapest	0.1066	R 0,00	$13 860,31	−$34,74
Regency FX	0.1066	R 0,00	$13 857,53	−$37,52
TorFx	0.1066	R 0,00	$13 853,36	−$41,69

Thu, 29 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1070	–	$13 909,87
Key Currency Cheapest	0.1067	R 0,00	$13 875,10	−$34,77
Regency FX	0.1067	R 0,00	$13 872,31	−$37,56
TorFx	0.1067	R 0,00	$13 868,14	−$41,73

Fri, 30 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1067	–	$13 869,96
Key Currency Cheapest	0.1064	R 0,00	$13 835,29	−$34,67
Regency FX	0.1064	R 0,00	$13 832,51	−$37,45
TorFx	0.1064	R 0,00	$13 828,35	−$41,61

Sat, 31 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1060	–	$13 779,87
Key Currency Cheapest	0.1057	R 0,00	$13 745,42	−$34,45
Regency FX	0.1057	R 0,00	$13 742,66	−$37,21
TorFx	0.1057	R 0,00	$13 738,53	−$41,34

Sun, 01 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1060	–	$13 781,04
Key Currency Cheapest	0.1057	R 0,00	$13 746,59	−$34,45
Regency FX	0.1057	R 0,00	$13 743,83	−$37,21
TorFx	0.1057	R 0,00	$13 739,70	−$41,34

Mon, 02 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1069	–	$13 891,67
Key Currency Cheapest	0.1066	R 0,00	$13 856,94	−$34,73
Regency FX	0.1066	R 0,00	$13 854,16	−$37,51
TorFx	0.1065	R 0,00	$13 849,99	−$41,68

Tue, 03 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1068	–	$13 878,41
Key Currency Cheapest	0.1065	R 0,00	$13 843,71	−$34,70
Regency FX	0.1065	R 0,00	$13 840,94	−$37,47
TorFx	0.1064	R 0,00	$13 836,77	−$41,64

Wed, 04 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1078	–	$14 018,94
Key Currency Cheapest	0.1076	R 0,00	$13 983,89	−$35,05
Regency FX	0.1075	R 0,00	$13 981,09	−$37,85
TorFx	0.1075	R 0,00	$13 976,88	−$42,06

Thu, 05 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1082	–	$14 066,91
Key Currency Cheapest	0.1079	R 0,00	$14 031,74	−$35,17
Regency FX	0.1079	R 0,00	$14 028,93	−$37,98
TorFx	0.1079	R 0,00	$14 024,71	−$42,20

Fri, 06 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1087	–	$14 125,80
CurrencyFair Cheapest	0.1079	R 46,02	$14 022,00	−$103,80
Key Currency No quote collected this day	–	–	–	–
Regency FX No quote collected this day	–	–	–	–
TorFx No quote collected this day	–	–	–	–

Sat, 07 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1092	–	$14 190,41
Key Currency Cheapest	0.1089	R 0,00	$14 154,93	−$35,48
Regency FX	0.1089	R 0,00	$14 152,10	−$38,31
TorFx	0.1088	R 0,00	$14 147,84	−$42,57

Sun, 08 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1094	–	$14 221,61
Key Currency Cheapest	0.1091	R 0,00	$14 186,06	−$35,55
Regency FX	0.1091	R 0,00	$14 183,21	−$38,40
TorFx	0.1091	R 0,00	$14 178,95	−$42,66

Mon, 09 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1083	–	$14 073,67
Key Currency Cheapest	0.1080	R 0,00	$14 038,49	−$35,18
Regency FX	0.1080	R 0,00	$14 035,67	−$38,00
TorFx	0.1079	R 0,00	$14 031,45	−$42,22

Tue, 10 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	0.1084	–	$14 096,42
Key Currency Cheapest	0.1082	R 0,00	$14 061,18	−$35,24
Regency FX	0.1081	R 0,00	$14 058,36	−$38,06
TorFx	0.1081	R 0,00	$14 054,13	−$42,29

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 NZD 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 NZD on every transfer from South Africa.

Right now, Key Currency pays 14,061.18 NZD on 130,000 ZAR, which is 35.24 NZD less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 14,186.06 NZD.

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 New Zealand.

We've tracked 175 comparisons to check how often today's top companies were the cheapest across 6 amounts over the past month.

Key CurrencyAppeared in 29 comparisons
Cheapest every time
Regency FXAppeared in 51 comparisons
Cheapest in 43% of them
TorFxAppeared in 55 comparisons
Cheapest in 2% of them

Based on 175 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 New Zealand

6 companies send money from South Africa to New Zealand.

Frequent transfers from South Africa

Online transfers

Apps and online services are best for recurring transfers to New Zealand.

Moneycorp is the cheapest option.

It will get you 13,899.07 NZD on a R130,000 transfer.

For fast transfers, Moneycorp is a good option, it will deliver NZD in minutes - 2 days.

In our comparisons over the past month, it was the cheapest online service on 30 of the 30 days it quoted.

Most companies will let you fund your transfer by EFT, and will ask for your FICA details.

Emigration and large transfers

Currency brokers

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

They have no fees and add a markup on top of ZAR/NZD 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 New Zealand.

Ways to fund ZAR and receive NZD in New Zealand

With Key Currency, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending R130,000 gives your recipient 14,061.18 NZD.

You can fund the transfer with bank transfer.

To receive NZD in New Zealand, your recipient can use bank deposit.

1

Bank transfer Bank deposit

You pay R130,000.00

NZ$14,061

Cheapest

Consider this when sending ZAR to New Zealand

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/NZD transfer options

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

The cheapest option is Key Currency, funded by bank transfer with bank deposit for the payout. Your recipient gets 14,061.18 NZD, 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 14,058.36 NZD 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 6 of them on ZAR to New Zealand, comparing rates, fees and the pay-in and payout options in real time on live comparisons.

In the past 30 days alone, we analysed 175 comparisons across 6 amounts.

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

Send money from South Africa