Swaziland is one of the most challenging countries to send money to. This is primarily due to the lack of options available to you. Regardless, there are still a few decent options for sending from other countries.
The current exchange rate for the Swazi Lilangeni (SZL) is 15.429765 SZL per American Dollar (USD) as of the time this was written. The SZL reached a high of 15.4301 SZL per USD and a low of 15.1987 SZL per USD during the last 30 days. The average exchange rate for the last 90 days was 15.3061 SZL per USD.
The average volatility rate for the SZL against the USD was 0.68% for the last 90 days. This is a high volatility rate, though the SZL has stabilized slightly during the last 30 days. You can reasonably expect moderate-high fluctuations in exchange rates to continue going forward, barring any unforeseen circumstances.
The fastest way to send money to Swaziland is through Western Union’s fast option. With this fast option, you can expect your money to reach Swaziland in a matter of minutes. Cash pickups are the fastest and easiest method to organize, while bank transfers can still take a bit longer.
The only downside to Western Union’s fast and secure offer is the fact that it is very expensive. You can always expect to pay more with Western Union.
The cheapest reasonable way to send money to Swaziland is through Western Union’s normal (slow) option. Western Union makes far more money from hidden currency conversion fees than they do from upfront fees. Remember to check actual exchange rates to compare them so that you always know what you’re paying. On the other hand, Western Union is
Western Union is also the easiest way to send money to Swaziland. Western Union is an older, but well-tested money transfer company. Using their services are isn’t always the easiest option, but it is easy all the same.
Western Union is the overall best way to send money to Swaziland. This is due almost entirely to a lack of any serious competition. Even the most ubiquitous services, such as WorldRemit, are not available in Swaziland.
On the positive side, Western Union allows you to choose between a decent rate and a slow, secure transfer or a very expensive but very fast transfer. In any case, you are getting a decent deal with Western Union.
Jonathan is the founder and editor of MoneyTransfers.com. Jonathan is highly experienced in the currency transfer market, having previously worked in the FX trading industry, alongside being an avid traveller. Using his knowledge he identified a need for transparency and further education to help people save money on their money transfers, leading to the creation of MoneyTransfers.com