MoneyTransfers

How to send money to South Africa from Monaco with the best EUR-ZAR rate

Find the best deals when you transfer from Monaco to South Africa. Get insights on the fastest, cheapest, and providers with the best EUR to ZAR exchange rates.

Read on to get the best value, expert information, and analysis on ways to send money to South Africa from Monaco.

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June 30th, 2025
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Best money transfer companies

Send money from Monaco to South Africa

Last updated: Today
Mid-market rate as of 06/30/2025: 1 EUR = 20.804512 ZAR
Results below are based on a 7000 EUR search
0 of 5 providers
Sponsored
Wise
Recipient gets (ZAR)
R 144,459.79
Full transfer details
Visit Wise
R 3,197 better than a typical bank*

"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."

Personal account manager
Multi-currency card
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Dedicated support for large transfers
Sponsored
Receive a £/$/€25 gift card when you refer a friend! (T&Cs apply)
Xe
Recipient gets (ZAR)
R 144,348.40
Full transfer details
Visit Xe
R 3,086 better than a typical bank*

"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."

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Dedicated support for larger transactions
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1
Regency FX
Recipient gets (ZAR)
R 145,238.38
Full transfer details
Visit Regency FX
R 3,976 better than a typical bank*

"Regency's UK-based account management team has vast experience. Get support on all kinds of transfers, from overseas property transactions to business payments & more."

Personal account manager
Multi-currency card
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Professional, personal service
2
OFX
Recipient gets (ZAR)
R 144,548.60
Full transfer details
Visit OFX
R 3,286 better than a typical bank*

"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."

Personal account manager
Multi-currency card
Receive to bank account
3
Wise
Recipient gets (ZAR)
R 144,459.79
Full transfer details
Visit Wise
R 3,197 better than a typical bank*

"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
Receive a £/$/€25 gift card when you refer a friend! (T&Cs apply)
4
Xe
Recipient gets (ZAR)
R 144,348.40
Full transfer details
Visit Xe
R 3,086 better than a typical bank*

"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for larger transactions
Mid-market rate updates every 60 minutes
Estimated Rates
We don't have access to live rates from these companies. Instead, we've researched their average exchange rates and fees.
Xoom
Recipient gets (ZAR)
R 142,282.06
Sponsored
Wise
Recipient gets (ZAR)
R 144,459.79
Full transfer details
Visit Wise
R 3,197 better than a typical bank*

"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
Sponsored
Receive a £/$/€25 gift card when you refer a friend! (T&Cs apply)
Xe
Recipient gets (ZAR)
R 144,348.40
Full transfer details
Visit Xe
R 3,086 better than a typical bank*

"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for larger transactions
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Overall best option: Wise

Wise is our recommended company for sending money to South Africa from EUR.

Of the 5 companies that support EUR to ZAR, Wise offered the best combination of cost and speed.

Sending 7,000 EUR to ZAR will cost you €56.42 in fees, and you will receive 144,459.79 ZAR. The delivery time usually is same day, but can be longer depending when you make the transfer.

So for a great mix of cost, speed & features, send Euros to South Africa using Wise.

Wise is the top rated company for sending money from Monaco (EUR) to South Africa (ZAR) - Wise Screenshot

Compare for the best deal on your Monaco to South Africa transfer

Summary of recent searches

Top rated for transfers from Monaco to South Africa
Wise
Total number of MC - ZA providers
5
Average cheapest fees & rate
Regency FX
Average fastest transfer
Wise
Average transfer time
Within minutes
Best for bank transfers
Regency FX
Best for debit card
Wise

Transfer consider from Monaco to South Africa

1
Compare available providers

A comparison of providers offering services between Monaco and South Africa is paramount. Based on your specific transfer amount, the best way to send money to South Africa could change. Comparing ensures the best price for your needs.

For services allowing you to send Euro to South Africa we've compared 5 providers.

This coverage of the market ensure you will get the best options for your transfer to South Africa from Monaco.

Overall, we rated Wise as the best, but remember comparing for your specific transfer gives you a comprehensive view of all the options for transferring money from Monaco to South Africa.

2
Getting the best Euro-Rand exchange rate
3
Choose the right payment method
4
Financial regulators
5
Consider transfer limits
6
Consider how the money will be received
7
Have your ID ready
8
Tax declarations in South Africa

Cheapest way to send money from Monaco to South Africa: Regency FX

Regency FX offers the lowest cost transfers of the 5 compared.

Data collected for transfers between Monaco and South Africa over the past week shows that Regency FX is 0.47% cheaper than the second-best option.

This cost combines the exchange rate between the Euro and Rand that is 0.27% different to the mid-market rate and the fee of 0 EUR.

Fastest way to transfer money to South Africa from Monaco: Wise.

We tested 5 companies offering transfers from Monaco to South Africa and Wise offered the quickest option.

For example, if you send €7,000 with Wise to South Africa now, the transfer time is same day.

This can vary depending on your needs, smaller transfers to South Africa are likely to arrive quicker.

When using Wise to send money from Monaco to South Africa you can expect a fee of 56.42 EUR. Although we would recommend comparing the amount you want to send.

When testing the 'fastest' options we compared 5 money transfer providers. To test overall speed of sending money from Monaco to South Africa we included the timeframe for depositing Euro to a money transfer account and average transfer times to South Africa.

When sending money to South Africa from Monaco quickly is a priority, Wise is our recommended choice.

Wise is the fastest way to send money from Monaco (EUR) to South Africa (ZAR) - Wise Screenshot

Need to make a large transfer?

For big transfers between Monaco and South Africa, competitive pricing & strong customer service are key.

Wise is the best option for large transfers of the
5 providers compared.

While Wise may not always be the cheapest or fastest way to send EUR from Monaco to South Africa, it's a great provider for larger transfers for things like buying or selling property.

Understanding the cost of money transfers to South Africa from Monaco

The total cost of sending money to South Africa from Monaco is a mix of the mid-market, exchange rates and transfer fees.

The Mid-Market and Exchange Rates: The mid-market for EUR-ZAR is 20.8981 ZAR per Euro.

Using a transfer company with an exchange rate as close to the mid-market rate as possible will result in being able to buy more Rand for your Euros.

The EUR-ZAR mid-market rate over the last 7 days has seen the Euro worth an average 20.7872 ZAR. Within this there has been a high of 20.9509, and a low of 20.6302.

From 5 companies compared, Wise offers the strongest exchange rates.

The biggest factor in the overall cost of sending money is the exchange rate you receive on converting EUR to ZAR.

Fees: When sending money there may be additional fees. Regency FX offers the lowest fee of the 5 providers tested, costing 0 EUR per transfer (based on €7,000 transferred).

Amount Received: When comparing providers, the best measure is the amount of Rand eventually received in South Africa.

This number should allow you to determine if you are getting a good deal. A higher amount of money received in South Africa, means a better overall cost of sending money from Monaco.

Track the exchange rate for Euro to Rand

Sending money at the right time between EUR and ZAR can make a huge difference to overall cost. The exchange rate impacts how much ZAR you get for your EUR.

Mid-market Rate
1 
=
20.898069 
ZAR

Over the last 7 days, the average numbers are:

  • The exchange rate from EUR to ZAR averaged 20.7872 ZAR.

  • The highest value recorded was 20.9509 ZAR, while the lowest was 20.6302 ZAR.

  • 5 providers currently offer transfers between Monaco and South Africa close to this rate

Want to secure the best EUR-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 Monaco to South Africa!

Payment methods available to fund your Monaco to
South Africa transfer

  • Bank transfers

    Bank transfers are often the better option for money transfers from Monaco to South Africa.

    Sending money via a bank transfer with a company such as Regency FX for transfers from Monaco to South Africa allows you to benefit from lower fees and more favorable exchange rates than you would get with a traditional bank. 


    On average, Regency FX is the best provider for bank transfers of the 5 we tested when sending EUR to South Africa.

    With a fee of EUR0 to send money from Monaco to South Africa, Regency FX offers a great combination of competitive exchange rates and lower fees.


  • Debit and prepaid cards

    Sending money from Monaco to South Africa with a prepaid or a debit card is very simple with Wise.


    Wise is a leader in card payments for transfers from Monaco to South Africa, competing among a total of 5 active money transfer companies on this route.

  • Credit cards

    When it comes to international credit card transfers from Monaco to South Africa, we recommend comparing your options to get the best deal.

    Beware of fees: using a credit card to transfer money often results in a fee being charged by your card issuer. Where possible, we recommend a bank transfer or debit card payment instead.

How we analyze the market

We track the cost, speed, and product offerings of the leading money transfer services available between South Africa and Monaco.


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 Monaco to South Africa.


We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send EUR to ZAR.


For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.

Money transfer company reviews

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How long does it take to send money from Monaco to South Africa?
What is the best exchange rate I can get for sending money from Monaco to South Africa?
Are there any minimum or maximum transfer amounts for sending money from Monaco to South Africa?
Can I schedule regular transfers between Monaco and South Africa?

Contributors

Keith Hodges
Keith is an experienced Content Specialist with a rich background in both marketing and journalism within the financial sector. At MoneyTransfers.com, Keith plays a pivotal role in driving the business forward and broadening its reach in various international money transfer markets. His expertise is a key factor in the company's expansion and success.
Luke Eales
Luke is CEO at MoneyTransfers.com, with 10 years' experience building consumer products in finance, insurance & travel. Luke focuses on the payments sector and foreign exchange markets, as well as personal finance more broadly.
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