Overall best choice: Currencies Direct
We tested & reviewed dozens of money transfer providers, and Currencies Direct scored highly.
Currencies Direct appeared in 75% of South Africa to Austria searches, and was the top rated company out of 5 that support ZAR to EUR.
So for a great mix of cost, speed & features, make your South Africa to Austria transfer using Currencies Direct.
How to get the best deal on your South Africa to Austria transfer
Important things to consider before sending money from South Africa to Austria
Don't settle for the first option. Always compare ways to send money from South Africa to Austria to find out about fees, speed, and reliability.
Our analysis included 5 providers that operate between South Africa and Austria.
Through this, you get a comprehensive view of all the options you have in South Africa when you need to send money to Austria.
Cheapest way to send money to Austria from South Africa: TorFx
Data collected over the past six months show that TorFx is 0.6% cheaper than the second-best option.
The R0 transfer cost represents the most common fee for ZAR to EUR international transfers, based on data from the past six months.
If you want to secure the best rates on a ZAR to Austria transfer, make sure you pick TorFx to send your money online.
*The most common fee applied to ZAR-EUR by TorFx, based on data from the past six months.
Fastest way to send money from South Africa to Austria: CurrencyFair
Our data shows that CurrencyFair came up as the fastest way to send money from South Africa to Austria in 75% of searches. This makes them well suited to urgent ZAR to EUR money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from South Africa to Austria - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, CurrencyFair is your best choice at the moment. This service emerged as the quickest way to send money to Austria from South Africa in 75% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Currencies Direct.
While Currencies Direct may not always be the cheapest or fastest way to send ZAR from South Africa to Austria, it’s the provider that will keep you safe and relaxed while your money moves into EUR.
Understanding the costs involved when moving money from South Africa to Austria
When calculating the costs of money transfers between South Africa and Austria, here's what really matters:
The Mid-Market Rate: Today, the ZAR-EUR mid-market rate equals to 0.048588 EUR per Rand. Keep in mind that this rate fluctuates all the time.
The ZAR-EUR average exchange rate of the past three months has been 0.0491 EUR per Rand, with a high of 0.0513 and a low of 0.0478.
Fees and Markups: That's where TorFx shines, combining the best of both worlds: excellent ZAR to EUR rates that are only 0.19% away from the average.
How to find the best exchange rate for Rand to Euro
Timing is essential sending money between ZAR and EUR. The exchange rate you secure impacts how much EUR you get for your ZAR.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from ZAR to EUR has seen some fluctuation. On average, it stood at 0.0491.
During this period, the highest value recorded was 0.0513, while the lowest was 0.0478.
Currencies Direct, which is our recommended service to send money online from South Africa to Austria offers an exchange rate that is only 0.98% above the mid-market rate.
Want to secure the best ZAR-Euro 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 Austria!
Payment methods available to fund your South Africa to Austria transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Austria and South Africa.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
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 Austria .
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send ZAR to EUR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.