.svg)
How to send money from South Africa to North Korea
Sending money from South Africa to North Korea doesn’t have a huge amount of options. Because of this, we would recommend sending money via:
Getting the best deal on your South Africa to North Korea transfer
- Always compare rates
Don't pay more than you have to. Our live comparison tool will give you the best rates for sending money from South Africa to North Korea.
- Choose a provider
Select the provider that offers you the best value & service for transfers between South Africa and North Korea.
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to North Korea.
Sending money from South Africa to North Korea: key insights and tips
Don't settle for the first option. Always compare ways to send money from South Africa to North Korea to find out about fees, speed, and reliability.
Your analysis should include all the providers that operate between South Africa and North Korea. Through this, you get a comprehensive view of all the options you have in South Africa when you need to send money to North Korea.
Cheapest way to send money from South Africa to North Korea
Without any money transfer providers serving the South Africa to North Korea route, the cheapest money transfer options are limited.
We would recommend using:
Understanding the costs involved when moving money from South Africa to North Korea
When calculating the costs of money transfers between South Africa and North Korea, here's what really matters:
The Mid-Market Rate: Today, the ZAR-KPW mid-market rate equals to 49.4377. Keep in mind that this rate fluctuates all the time.
The ZAR-KPW average exchange rate of the past three months has been 48.2314, with a highest of 48.3353 and a lowest of 48.1276.
Fees and Markups: When you pick a service with competitive exchange rates and low fees, you get to make the most out of your ZAR to KPW transfers. This strategy keeps your costs down, offering a smart way to handle your international transactions.
Getting best exchange rate for transfers between Rand and North Korean Won
Timing is essential for transferring money between ZAR and KPW. The exchange rate you secure impacts how much KPW you get for your ZAR.
The recent trends between the currencies are:
Over the past six months, the mid-market rate from ZAR to KPW has moved slightly. On average, it was 48.2314.
During this same period,there was a high of 48.3353, and a low of 48.1276.
, which is our recommended service to send money online from South Africa to North Korea offers an exchange rate that is only % above the mid-market rate.
Want to secure the best ZAR-North Korean Won 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 North Korea!
What payment methods are available when sending money from South Africa to North Korea?
Sending bank transfers from South Africa to North Korea
Bank transfers are the most common way of sending ZAR to North Korea as they are secure, reliable, and convenient.
If you want to send Rands to North Korea via bank transfer, you can use your bank where no provider is available, but it will likely be at a bad exchange rate.
Sending money from South Africa to North Korea by credit card
Credit card payments are quick, convenient, and typically more secure than other methods, thanks to backing by the issuing party. Some users may even be able to rack up reward points when making large transactions.
If you want to send Rands to North Korea with a credit card.
Note: Beware of chargesCredit card payments are often classified as cash advances, which bring their own charges, as well as currency conversion and usage fees. Forgetting to pay your balance can also result in high interest charges, and can even damage your credit score.
Sending money from South Africa to North Korea by payment apps
If you’d like to send money from South Africa to North Korea via payment app, follow these steps:
Download the app and register. Download the app from the App Store or Google Play. You’ll need to register to be able to open an account. Make sure the app services transfers from South Africa to North Korea.
Enter your details. Enter any of the details required. You may need a valid form of ID.
Start your transfer. Enter the details of your recipient. Some apps will require full payment details, while others allow you to pay with just an email address. You may need to state that you’re planning to send money to North Korea in North Korean Won at this stage.
Check the details. It’s vital that you check the details you’ve added to make sure everything is correct. It can be very difficult to reverse a transfer, and most payment apps don’t let you cancel a transfer from South Africa to North Korea after it’s been sent.
Send the money. Your app will probably charge a fee for the transfer. They may also add a markup to the ZAR to KPW exchange rate. Check the rate they’re offering against the mid-market rate to make sure you’re getting a good deal.
The current mid-market rate of ZAR to KPW is 49.4377
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between North Korea 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 North Korea.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send ZAR to KPW.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
