Sending money to Lesotho is made far less pleasant by the lack of good international money transfer options available. That being said, it is easy to use one of the fewer services available to you to send money to Lesotho.
The current exchange rate for the South African Rand (which is also the national currency of Lesotho, acronym: ZAR) is 15.182036 ZAR per American Dollar (USD) as of the time this was written. The ZAR reached a high of 15.2218 ZAR per USD and a low of 14.9888 ZAR per USD during the last 90 days. The average exchange rate for the last 90 days was 15.0908 ZAR per USD.
The ZAR had an average volatility rate of 0.69% against the USD for the last 90 days. This is a high volatility rate. Going forward, you can reasonably expect serious fluctuations in the exchange rate to continue, barring any unforeseen circumstances.
The fastest way to send cash online to Lesotho is through WorldRemit. With WorldRemit, most transfers are completed within a matter of hours, but with some methods, it only takes a matter of minutes. WorldRemit is one of the few services that are available in almost every country in the world, and easy access makes the service faster as well. The rates that WorldRemit charges are also very fair given the relatively low waiting times. Use our WorldRemit review to find out more.
WorldRemit also offers the cheapest way to send money to Lesotho. WorldRemit doesn’t charge too much upfront, as they make most of their money through hidden currency conversion costs. In the end, they offer the lowest prices for transfers to Lesotho.
The easiest way to send money to Lesotho is through Payoneer. You can choose between Payoneer’s different money transfer methods as you like to suit your unique needs. Payoneer gives you several options for sending money, all of which can be useful depending on the sender’s unique situation. We recommend you use Payoneer to send money to the recipient’s debit card. This offers you greater convenience and security when compared to other methods. With this method, the recipient can withdraw the money right away upon the transfer’s completion.
The overall best way to send money to Lesotho is through Payoneer. Payoneer simply offers you the most workable methods of getting your money to Lesotho. The company thrives in its areas of expertise, including reliability, utility, and ease of use.
Jonathan is the founder and editor of MoneyTransfers.com. Jonathan is highly experienced in the currency transfer market, having previously worked in the FX trading industry, alongside being an avid traveller. Using his knowledge he identified a need for transparency and further education to help people save money on their money transfers, leading to the creation of MoneyTransfers.com