Our Recommended Choice: TorFx
We tested the 5 largest providers and TorFx stands out, winning in 68.9% of searches for its unbeatable mix of cost, speed, and user-friendliness.
Looking to send money from South Africa to Australia? TorFx will get the job done.
How to get the best deal on your South Africa to Australia transfer
About money transfers to Australia from South Africa
Sending Money from South Africa to Australia Key Insights and Tips
Don't settle for the first option. Always compare ways to send money from South Africa to Australia to find out about fees, speed, and reliability.
Our analysis included 5 providers that operate between South Africa and Australia, including TorFx, Key Currency, and WorldRemit.
Through this, you get a comprehensive view of all the options you have in South Africa when you need to send money to Australia.
Cheap money transfer to Australia from South Africa: Key Currency
Data collected over the past six months show that Key Currency is 0.1% cheaper than the second best option.
The $0 transfer cost represents the most common fee for ZAR to AUD international transfers, based on data from the past six months.
If you want to secure the best rates on a ZAR to Australia transfer, make sure you pick Key Currency to send your money online.
*The most common fee applied to ZAR-AUD by Key Currency, calculated based on data from the past six months.
Fastest ways to send money from South Africa to Australia: WorldRemit
Data shows that WorldRemit came up as the fastest way to send money from South Africa to Australia in 81.1% of our searches, proving they are the best at handling urgent online money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from South Africa to Australia - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
Although WorldRemit is the quickest way to send money to Australia from South Africa, the average cost of this service is $38488.1.
If you don’t need to get your money to Australia in 1 day, remember that Key Currency is the one that helps you save most.
But when speed matters, WorldRemit should always be your go-to choice.
Need to Send Over $10,000?
For those big moves, going specialist is key.
Opt for a service that specializes in large transfers when size matters. For transfers over $10,000, your best bet is TorFx.
While TorFx may not be the cheapest or fastest way to send ZAR from South Africa to Australia, it’s the provider that will keep you safe and relax while your money moves and becomes AUD.
Understanding Your Money Transfer Costs: South Africa to Australia
When it comes to calculating the costs of money transfers between South Africa and Australia, here's what really matters:
The Mid-Market Rate: Today, the ZAR-AUD mid-market rate equals to 0.081171. Keep in mind that this rate fluctuates all the time.
The AUD-JPY average exchange rate of the past three months has been 0.0814, with a highest of 0.0847 and a lowest of 0.0793.
When in doubt, use Key Currency. On average, Key Currency hovers just 0.19% above the mid-market rate.
Fees and Markups: That's where Key Currency shines, combining the best of both worlds: excellent ZAR to AUD rates that are only 0.19% away from the average. That's savvy transferring for you.
How to find the best exchange rate for Rand to Australian Dollar
Timing is everything when it comes to sending money between ZAR and AUD. The exchange rate you secure impacts how much AUD you get for your ZAR.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from ZAR to AUD has seen some fluctuation. On average, it stood at 0.0814.
During this time, the highest value on records has been 0.0847, while the lowest has been 0.0793.
TorFx, which is our recommended service to send money online from South Africa to Australia offers an exchange rate that is only 0.25% above the mid-market rate.
Want to secure the best ZAR-Australian Dollar exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from South Africa to Australia!
What Payment Methods Are Available When Sending Money from South Africa to Australia?
Why trust our suggestions?
We compared the cost, speed, and product offerings of the leading money transfer services available between Australia and South Africa.
Our comparison engine and algorithms evaluate providers based on over 25 factors. Which include:
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from South Africa to Australia .
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send ZAR to AUD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.