Best recommended: Currencies Direct
Of the 10 money transfer providers tested and reviewed, Currencies Direct scored highly for its competitive rates and fees.
Currencies Direct appeared in 54.6% of South Africa to New Zealand searches, and was the top rated company supporting ZAR to NZD transfers.
Make your South Africa to New Zealand transfer using Currencies Direct for the best mix of cost and speed.
Getting the best deal on your South Africa to New Zealand transfer
Sending money from South Africa to New Zealand considerations
A comparison of providers offering services between South Africa and New Zealand is the easiest way to ensure the best deal.
We've compared 10 providers that offer services for sending Rand to New Zealand.
This ensures you will get the best options for your transfer to New Zealand from South Africa.
Whilst we rate Currencies Direct as the best overall, comparing gives you a comprehensive view of all the options for transferring money from South Africa to New Zealand.
Cheapest way to send money from South Africa to New Zealand: Regency FX
On average, Regency FX fees were 0* ZAR per transfer and customers would expect an exchange rate between ZAR-NZD that is 0.19% different to the mid-market rate
Against the others tested, Regency FX is 0.2% cheaper than the second-best option.
To secure a cheap way to transfer ZAR to New Zealand, Regency FX is our recommendation.
*The most common fee applied to ZAR-NZD by Regency FX, based on data from the past six months.
Fastest way to send money from South Africa to New Zealand: WorldRemit.
Data from the last six months shows WorldRemit to be the quickest way to send money from South Africa to New Zealand Dollar in 39.6% of searches. For fast transfers between ZAR and NZD, WorldRemit comes highly recommended.
Using WorldRemit for fast transfers from South Africa to New Zealand has an average fee of 26,692.9 ZAR.
Within our comparison we looked at the 10 money transfer providers offering transfers from South Africa to New Zealand. Within this we looked at overall speed of sending money from South Africa to New Zealand after depositing Rand to a money transfer account.
When faster money transfers are a priority, WorldRemit is our recommended choice for sending into New Zealand from South Africa.
Transferring large sums of money
Of the 10 money transfer companies tested, Currencies Direct is the strongest option for large transfers from South Africa to New Zealand.
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 New Zealand can become expensive through your bank or with the wrong provider.
Currencies Direct is our choice for sending large sums of money to ZAR because they offer a strong all-round product.
Understanding the costs involved when transferring money from South Africa to New Zealand
When calculating the costs of money transfers between South Africa and New Zealand, opt for the best combination of fees and exchange rates:
The Mid-Market and Exchange Rates: Today, the ZAR-NZD mid-market rate equals 0.0935 NZD per Rand.
For reference, the ZAR-NZD average mid-market rate for the past three months has been 0.0908 NZD per Rand, with a high of 0.095 and a low of 0.0854.
The company offering the best exchange rate is Regency FX.
Often the ZAR-NZD exchange rate you receive is the bigger factor than how much it costs to send Rands to New Zealand.
Fees: Fees are charged on top of a transfer. The company offering the lowest fee is Regency FX, averaging 0 ZAR over the last 6 months. We would recommend searching for your exact send amount to get an idea of fees.
Amount Received: The amount received in New Zealand Dollar is the biggest indicator the total cost of sending money from South Africa to New Zealand. Essentially, the more the recipient receives in New Zealand, the less it is costing to send from South Africa.
Getting best exchange rate for transfers between Rand and New Zealand Dollar
Timing is essential for transferring money between ZAR and NZD. The exchange rate you secure impacts how much NZD you get for your ZAR.
The recent trends between the currencies are:
Over the past six months, the mid-market rate from ZAR to NZD has moved slightly. On average, it was 0.0908.
During this same period,there was a high of 0.095, and a low of 0.0854.
Currencies Direct, which is our recommended service to send money online from South Africa to New Zealand offers an exchange rate that is only 0.76% above the mid-market rate.
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Payment options for South Africa to New Zealand money transfers
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between New Zealand 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 New Zealand.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send ZAR to NZD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.