Overall best option: Wise
Of the 14 companies that support NZD to ZAR, Wise offered the best combination of cost and speed.
Overall, Wise appeared in 100% of New Zealand to South Africa searches, consistently scoring as one of the best ways to send NZD to ZAR.
So for a great mix of cost, speed & features, send New Zealand Dollars to South Africa using Wise.
Compare for the best deal on your New Zealand to South Africa transfer
Transfer consider from New Zealand to South Africa
A comparison of providers offering services between New Zealand 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 New Zealand Dollar to South Africa we've compared 14 providers.
This coverage of the market ensure you will get the best options for your transfer to South Africa from New Zealand.
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 New Zealand to South Africa.
Cheapest way to transfer money to South Africa from New Zealand: Revolut
Of the 14 providers compared, data shows that Revolut is 0.5% cheaper than the second-best option.
The is cost is made up of an average NZD-ZAR exchange rate that is 0.1% different to the mid-market rate and an average fee of 0* NZD.
If you want to secure the best rates on a NZD to South Africa transfer, Revolut will result in the most Rand received.
*The most common fee applied to NZD-ZAR by Revolut, based on data from the past six months.
Fastest way to transfer money to South Africa from New Zealand: Xe.
Through our data, we found Xe to be the fastest option for sending money from New Zealand into Rand in 35.7% of occasions. For fast NZD to ZAR money transfers, Xe comes highly recommended.
New Zealand to South Africa transfers with Xe have an average fee of 0 NZD.
To test that Xe was the 'fastest' option we compared 14 providers. With this, we compared overall speed of sending money from New Zealand to South Africa made up of depositing New Zealand Dollars, to a money transfer account and transfer times to South Africa.
When sending at speed is a priority, Xe is our recommended choice for sending into South Africa from New Zealand.
Need to make a large transfer?
Wise is the best option for large transfers of the 14 providers compared.
While Wise may not always be the cheapest or fastest way to send NZD from New Zealand to South Africa, it's a great provider for larger transfers for things like buying or selling property.
Understanding the cost of sending money from New Zealand to South Africa
Ensuring a strong combination of fees and exchange rates ensures the best deal on money transfers from New Zealand to South Africa.
The Mid-Market and Exchange Rates: Finding a provider as close to mid-market rate as possible will ensure more Rand for your New Zealand Dollar. The current NZD-ZAR mid-market rate is 10.6986 ZAR per New Zealand Dollar.
This rate changes regularly so it can pay to track it. For comparison, the NZD-ZAR mid-market rate for the past three months has averaged 11.1622 ZAR per New Zealand Dollar, with a low of 10.7768 and a high of 11.5713.
Wise is currently offering the best exchange rate from the 14 companies compared.
Often the NZD-ZAR exchange rate you pay is the biggest cost factor when transferring New Zealand Dollars to South Africa.
Fees: Money transfer fees are charged on top the exchange rate and can be set, or a percentage of the total amount of New Zealand Dollar you’re sending to South Africa. Revolut currently has the lowest fees for transfers into ZAR at an average of 0 NZD over the last 6 months. We always recommend searching for your exact send amount for an exact fee.
Amount Received: The amount received in Rand is the biggest indicator of the total cost of sending money to South Africa from New Zealand. The bigger the amount received in South Africa, the lower the overall cost of sending from New Zealand.
Getting best exchange rate for sending New Zealand Dollar to Rand
Timing is essential when tracking the mid-market rate between NZD and ZAR. The end exchange rate you secure impacts how much ZAR you get for your NZD.
The recent mid-market rate trends are:
Over the past six months, the mid-market rate from NZD to ZAR was 11.1622.
During this period, it hit a high of 11.5713, and a low of 10.7768.
Wise, which is our recommended service to send money online from New Zealand to South Africa offers an exchange rate that is only 0% above the mid-market rate.
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Paying for your New Zealand 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 New Zealand.
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 New Zealand to South Africa.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send NZD to ZAR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.