Best recommended: WorldRemit
Of the 2 money transfer providers tested and reviewed, WorldRemit scored highly for its competitive rates and fees.
WorldRemit appeared in 100% of South Africa to Liberia searches, and was the top rated company supporting ZAR to LRD transfers.
Make your South Africa to Liberia transfer using WorldRemit for the best mix of cost and speed.
How to get the best deal on your South Africa to Liberia money transfer
Sending money from South Africa to Liberia considerations
A comparison of providers offering services between South Africa and Liberia is the easiest way to ensure the best deal.
We've compared 2 providers that offer services for sending Rand to Liberia.
This ensures you will get the best options for your transfer to Liberia from South Africa.
Whilst we rate WorldRemit as the best overall, comparing gives you a comprehensive view of all the options for transferring money from South Africa to Liberia.
Cheapest way to transfer money to Liberia from South Africa: WorldRemit
Data collected over the past six months shows that WorldRemit is 5.8% cheaper than the second-best option.
WorldRemit offers this through a combination of an average 50* ZAR fee per transfer and exchange rate between ZAR-LRD that is 2.11% different to the mid-market rate
If you want the cheapest way to send Rand to Liberia, WorldRemit is our recommended choice.
*The most common fee applied to ZAR-LRD by WorldRemit, based on data from the past six months.
Fastest way to send money from South Africa to Liberia: WorldRemit.
Data from the last six months shows WorldRemit to be the quickest way to send money from South Africa to Liberian Dollar in 100% of searches. For fast transfers between ZAR and LRD, WorldRemit comes highly recommended.
Using WorldRemit for fast transfers from South Africa to Liberia has an average fee of 866.67 ZAR.
Within our comparison we looked at the 2 money transfer providers offering transfers from South Africa to Liberia. Within this we looked at overall speed of sending money from South Africa to Liberia after depositing Rand to a money transfer account.
When faster money transfers are a priority, WorldRemit is our recommended choice for sending into Liberia from South Africa.
Send large sums of money
WorldRemit offers the strongest all round option for large transfers of the 2 money transfer companies compared.
Whether for business or a property purchase, sending large amounts of money can be expensive if you get a bad exchange rate from Liberian Dollar to Liberian Dollar.
As such, opt for WorldRemit for sending large sums of money to Liberia from South Africa.
Understanding the cost of sending money to Liberia from South Africa
The cost of sending money from Liberia to Liberia, is made-up of a combination of fees and exchange rates:
The Mid-Market and Exchange Rates: The mid-market rate determines a mid-price for buying currency. The current mid-market rate from ZAR-LRD is 10.1747 LRD per Rand.
Finding a provider offering an exchange as close to 10.1747 as possible will ensure more Liberian Dollar received when transferring.
For context, the ZAR-LRD mid-market rate for the past three months has averaged 10.7653 LRD per Rand. This includes a high of 10.9176, and low of 10.5452.
CurrencyFair currently offers the best exchange rate on transfers from South Africa to Liberia.
For the most part the ZAR-LRD exchange rate you receive is the biggest factor impacting the cost of sending ZAR to Liberia.
Fees: Outside of exchange rates, you may need to pay a fee to send. WorldRemit currently offers the lowest fees on transfers to Liberia from South Africa, averaging 50 ZAR over the last 6 months. Although this does include large transfers as well, we recommend searching for your exact send amount for an exact fee.
Amount Received: The amount received in Liberian Dollar is the amount you started with, minus the amount you paid in the exchange and fees.
The better deal you get on exchanging Rands to LRD, paired with a low fee, means a higher total amount received in Liberia.
Getting best exchange rate for transfers between Rand and Liberian Dollar
Timing is essential for transferring money between ZAR and LRD. The exchange rate you secure impacts how much LRD you get for your ZAR.
The recent trends between the currencies are:
Over the past six months, the mid-market rate from ZAR to LRD has moved slightly. On average, it was 10.7653.
During this same period,there was a high of 10.9176, and a low of 10.5452.
WorldRemit, which is our recommended service to send money online from South Africa to Liberia offers an exchange rate that is only 2.11% above the mid-market rate.
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Payment methods available to fund your South Africa to Liberia transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Liberia and South Africa.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
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 Liberia.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send ZAR to LRD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.