Compare Exchange Rates to Buy South African Rand (ZAR)
Because every company has different rates to buy South African rand (ZAR) with Australian dollars, finding the best deal can be a minefield. We bring together all your options, highlight the fees and rates per money exchange, and show you the best possible deals.
Where to buy South African rand in Australia?
You can buy South African rand (ZAR) from lots of places in Australia that offer currency exchange. It is a very popular currency to exchange to Australian dollars. Places you can make cash transactions and buy Singapore dollars include online, in-store at money exchangers, banks, Australia Post and the airport.
To find out exactly where you can buy South African rand, you can use our handy city and suburb guides, just click on the links below:
What currency is used in South Africa?
In South Africa, the coins are called cents and the notes are called rand. The currency is represented by the symbol R.
Coins: 10c, 20c, 50c, R1, R2, and R5
Notes: R10, R20, R50, R100 and R200
South African banknotes have different colours, R10 is green, R20 is brown, R50 is red, R100 is blue and R200 is orange.
What travel money should I take to South Africa?
Cash and cards are popular in South Africa. When paying for meals, in shops and accommodation, debit cards, credit cards, will be accepted as well as cash. Keep smaller notes to pay for tips and transport.
When is the best time to buy South African rand?
Find the best time to buy South African rand with Australian dollars with our rate tracker. It keeps track of the ZAR to AUD or AUD to ZAR exchange rate and emails you when the exchange rate gets to the rate you chose to buy South African rand.
The zar to aud exchange rate average is close to 0.10, over the past 10 years. The high was 1.14 in early 2011 and the low was 0.078 in early 2020. Currently it's 0.088, so $100 could buy you $8.82 at the best exchange rate.
The aud to zar exchange rate average is close to 10.00, over the past 10 years. The high was 12.66 in early 2020 and the low was 6.71 in early 2011. Currently it's 11.32, so $100 could buy you $1,100 at the best exchange rate.
How to buy South African rand in Australia?
Buying South African rand in Australia is relatively easy.
- Take your valid photo id (driver’s license or passport) with you.
- Bring your preferred payment method. Most places accept cash, debit card and credit card to pay for your South African rand.
- Ask for the South African rand amount and the money exchanger will let you know how much Australian dollars you need to pay.
- Make your payment in Aussie dollars and receive your South African rand.
Why should I choose The Currency Shop?
Many people are not aware of the true cost of transferring money. But it is pretty standard to lose up to 8% of your money each time you transfer money internationally, depending on your method. We think this is far too much. That’s why we help you find the best way to transfer your money and avoid those costly hidden fees and charges. And it works. On average, we save our customers $4,000 each year.
How does it work?
It’s pretty simple. Whether you need travel money or would like to transfer money overseas we just need a little info to point you in the right direction. First, you tell us what you are looking for then we compare hundreds of providers to find the best deal for your current situation. We’ll highlight all the available options and recommend the best one for you. You can then decide which option you prefer, and click through to their site to secure the deal.
Is it safe?
Yes. The Currency Shop holds an Australian Financial Services Licence (462269) and is a member of the Financial Ombudsman Service. We closely vet our providers and only partner with the largest, safest and most trusted money transfer companies in the world. That just makes sense.
What does it cost?
The Currency Shop does not charge you. Instead, we receive a referral fee from the banks and money transfer companies that we are partnered with. This does not affect the price you pay.
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