Overall best way: Moneycorp
Moneycorp scored the highest of the 5 money transfer companies supporting ZAR to NAD transfers.
In total, Moneycorp appeared in 39.7% of South Africa to Namibia searches.
For a great mix of cost, speed & features, we advise using Moneycorp for your South Africa to Namibia transfer.
How to get the best deal on your South Africa to Namibia money transfer
Sending money from South Africa to Namibia considerations
A comparison of providers offering services between South Africa and Namibia is the easiest way to ensure the best deal.
We've compared 5 providers that offer services for sending Rand to Namibia.
This ensures you will get the best options for your transfer to Namibia from South Africa.
Whilst we rate Moneycorp as the best overall, comparing gives you a comprehensive view of all the options for transferring money from South Africa to Namibia.
Cheapest way to send money from South Africa to Namibia: Moneycorp
On average, Moneycorp fees were 0* ZAR per transfer and customers would expect an exchange rate between ZAR-NAD that is 1.9% different to the mid-market rate
Against the others tested, Moneycorp is 0% cheaper than the second-best option.
To secure a cheap way to transfer ZAR to Namibia, Moneycorp is our recommendation.
*The most common fee applied to ZAR-NAD by Moneycorp, based on data from the past six months.
Fastest money transfers to Namibia from South Africa: Moneycorp.
Through our research, we found Moneycorp to be the quickest way to send ZAR into Namibi Dollar in 39.7% of instances. For fast transfers between ZAR and NAD, Moneycorp is generally a good option.
Money transfers from South Africa to Namibia through Moneycorp have an average fee of 0 ZAR.
To confirm that Moneycorp was the 'fastest' option we compared 5 money transfer providers for overall speed of sending money from South Africa to Namibia. This was made up of depositing Rand to a money transfer account and transfer times to Namibia.
When sending quickly is a priority, Moneycorp is our recommended choice for sending into Namibia from South Africa.
Transferring large sums of money
Of the 5 money transfer companies tested, Moneycorp is the strongest option for large transfers from South Africa to Namibia.
Reasons for sending large sums of money vary and include business or property purchases. But whatever the reason, sending large amounts of money from South Africa to Namibia can become expensive through your bank or with the wrong provider.
Moneycorp is our choice for sending large sums of money to ZAR because they offer a strong all-round product.
Understanding the cost of sending money to Namibia from South Africa
The cost of sending money from Namibia to Namibia, 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-NAD is 0.9931 NAD per Rand.
Finding a provider offering an exchange as close to 0.9931 as possible will ensure more Namibi Dollar received when transferring.
For context, the ZAR-NAD mid-market rate for the past three months has averaged 0.9999 NAD per Rand. This includes a high of 1.0177, and low of 0.9779.
Cambridge Currencies currently offers the best exchange rate on transfers from South Africa to Namibia.
For the most part the ZAR-NAD exchange rate you receive is the biggest factor impacting the cost of sending ZAR to Namibia.
Fees: Outside of exchange rates, you may need to pay a fee to send. Moneycorp currently offers the lowest fees on transfers to Namibia from South Africa, averaging 0 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 Namibi 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 NAD, paired with a low fee, means a higher total amount received in Namibia.
How to find the best exchange rate for Rand to Namibi Dollar
Timing is essential for sending money between ZAR and NAD. The exchange rate you secure impacts how much NAD you get for your ZAR.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from ZAR to NAD has seen some fluctuation. On average, it stood at 0.9999.
During this period, the highest value recorded was 1.0177, while the lowest was 0.9779.
Moneycorp, which is our recommended service to send money online from South Africa to Namibia offers an exchange rate that is only 1.9% above the mid-market rate.
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Payment options for South Africa to Namibia money transfers
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Namibia 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 Namibia.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send ZAR to NAD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.