Best way to send: WorldRemit
We tested & reviewed 6 money transfer companies offering services between South Africa and Uganda, and WorldRemit scored highly.
In total, WorldRemit appeared in 54% of South Africa to Uganda searches, and was the top rated company out of 6 that support transfers into Ugand Shilling.
So for a great mix of cost, speed & features, make your South Africa to Uganda transfer using WorldRemit.
How to get the best deal on your South Africa to Uganda transfer
Sending money from South Africa to Uganda considerations
A comparison of providers offering services between South Africa and Uganda is the easiest way to ensure the best deal.
We've compared 6 providers that offer services for sending Rand to Uganda.
This ensures you will get the best options for your transfer to Uganda from South Africa.
Whilst we rate WorldRemit as the best overall, comparing gives you a comprehensive view of all the options for transferring money from South Africa to Uganda.
Cheapest way to send money from South Africa to Uganda: WorldRemit
On average, WorldRemit fees were 41.99* ZAR per transfer and customers would expect an exchange rate between ZAR-UGX that is 7.9% different to the mid-market rate
Against the others tested, WorldRemit is 0% cheaper than the second-best option.
To secure a cheap way to transfer ZAR to Uganda, WorldRemit is our recommendation.
*The most common fee applied to ZAR-UGX by WorldRemit, based on data from the past six months.
Fastest way to send money to Uganda from South Africa: WorldRemit.
In our comparison, we found WorldRemit to be the fastest way to send Rands to Ugand Shilling in 61.9% of transfers. For quick transfers between ZAR and UGX, WorldRemit comes highly recommended.
Sending money from South Africa to Uganda through WorldRemit has an average fee of 41.99 ZAR.
To find the fastest company, we compared 6 money transfer providers for the overall speed of sending money from South Africa to Uganda. This was made up of depositing Rand to a money transfer account and transfer times to Uganda.
When looking for the fastest money transfer, WorldRemit is our best choice for sending into Uganda from South Africa.
Transferring large sums of money
Of the 6 money transfer companies tested, WorldRemit is the strongest option for large transfers from South Africa to Uganda.
Reasons for sending large sums of money vary and include business or property purchases. But whatever the reason, sending large amounts of money from South Africa to Uganda can become expensive through your bank or with the wrong provider.
WorldRemit is our choice for sending large sums of money to ZAR because they offer a strong all-round product.
Understanding the cost of sending money to Uganda from South Africa
The cost of sending money from Uganda to Uganda, is made-up of a combination of fees and exchange rates:
The Mid-Market and Exchange Rates: The mid-market rate determines a mid-price for buying currency. The current mid-market rate from ZAR-UGX is 203.5713 UGX per Rand.
Finding a provider offering an exchange as close to 203.5713 as possible will ensure more Ugand Shilling received when transferring.
For context, the ZAR-UGX mid-market rate for the past three months has averaged 205.3876 UGX per Rand. This includes a high of 211.2143, and low of 199.3205.
WorldRemit currently offers the best exchange rate on transfers from South Africa to Uganda.
For the most part the ZAR-UGX exchange rate you receive is the biggest factor impacting the cost of sending ZAR to Uganda.
Fees: Outside of exchange rates, you may need to pay a fee to send. WorldRemit currently offers the lowest fees on transfers to Uganda from South Africa, averaging 41.99 ZAR over the last 6 months. Although this does include large transfers as well, we recommend searching for your exact send amount for an exact fee.
Amount Received: The amount received in Ugand Shilling is the amount you started with, minus the amount you paid in the exchange and fees.
The better deal you get on exchanging Rands to UGX, paired with a low fee, means a higher total amount received in Uganda.
How to find the best exchange rate for Rand to Ugand Shilling
Timing is essential for sending money between ZAR and UGX. The exchange rate you secure impacts how much UGX you get for your ZAR.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from ZAR to UGX has seen some fluctuation. On average, it stood at 205.3876.
During this period, the highest value recorded was 211.2143, while the lowest was 199.3205.
WorldRemit, which is our recommended service to send money online from South Africa to Uganda offers an exchange rate that is only 2.87% above the mid-market rate.
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Paying for your South Africa to Uganda money transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Uganda 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 Uganda.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send ZAR to UGX.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.