Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 100% of Israel to South Africa searches, and was the top rated company out of 4 that support ILS to ZAR.
So for a great mix of cost, speed & features, make your Israel to South Africa transfer using Wise.
How to get the best deal on your Israel to South Africa transfer
Important things to consider before sending money from Israel to South Africa
Don't settle for the first option. Always compare ways to send money from Israel to South Africa to find out about fees, speed, and reliability.
Our analysis included 4 providers that operate between Israel and South Africa.
Through this, you get a comprehensive view of all the options you have in Israel when you need to send money to South Africa.
Cheapest way to send money to South Africa from Israel: CurrencyFair
Data collected over the past six months show that CurrencyFair is 5.1% cheaper than the second-best option.
The ₪25 transfer cost represents the most common fee for ILS to ZAR international transfers, based on data from the past six months.
If you want to secure the best rates on a ILS to South Africa transfer, make sure you pick CurrencyFair to send your money online.
*The most common fee applied to ILS-ZAR by CurrencyFair, based on data from the past six months.
Fastest way to send money from Israel to South Africa: CurrencyFair
Our data shows that CurrencyFair came up as the fastest way to send money from Israel to South Africa in 61.5% of searches. This makes them well suited to urgent ILS to ZAR money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Israel to South Africa - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, CurrencyFair is your best choice at the moment. This service emerged as the quickest way to send money to South Africa from Israel in 61.5% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Wise.
While Wise may not always be the cheapest or fastest way to send ILS from Israel to South Africa, it’s the provider that will keep you safe and relaxed while your money moves into ZAR.
Understanding the costs involved when moving money from Israel to South Africa
When calculating the costs of money transfers between Israel and South Africa, here's what really matters:
The Mid-Market Rate: Today, the ILS-ZAR mid-market rate equals to 5.09442 ZAR per New Israeli Sheqel. Keep in mind that this rate fluctuates all the time.
The ILS-ZAR average exchange rate of the past three months has been 4.9768 ZAR per New Israeli Sheqel, with a high of 5.2696 and a low of 4.8106.
Fees and Markups: That's where Wise shines, combining the best of both worlds: excellent ILS to ZAR rates that are only -0.19% away from the average.
How to find the best exchange rate for New Israeli Sheqel to Rand
Timing is essential sending money between ILS and ZAR. The exchange rate you secure impacts how much ZAR you get for your ILS.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from ILS to ZAR has seen some fluctuation. On average, it stood at 4.9768.
During this period, the highest value recorded was 5.2696, while the lowest was 4.8106.
Wise, which is our recommended service to send money online from Israel to South Africa offers an exchange rate that is only -0.19% above the mid-market rate.
Want to secure the best ILS-Rand exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Israel to South Africa!
Payment methods available to fund your Israel to South Africa transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between South Africa and Israel.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
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 Israel to South Africa .
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send ILS to ZAR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.