Compare Singapore Dollar to South Africa Rand For Sending Money to South Africa from USA

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Mid Market Rate

The mid-market rate is the midpoint between the buy and sell prices of two currencies.
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More Available Options

You can check rates of some more providers that may support your country
Travelex is a money remittance company which is specially known for providing effective services to travelers across the world. People can transfer money online, use its money card and get currency exchanged at its stores. 
Western Union is an American financial services company which offer money remittance to more than 200 countries across the globe.

About US and South Africa

The US has many foreign trade deals with South Africa, the latter being the most developed country in Africa. This dates way back after economic sanctions and boycotts were lifted in South Africa during the end times of apartheid. Since then, business has been smooth between these two countries with nothing to hinder trade. 

It is due to this that the need for money transfer to South Africa from US is imperative. Moreover, many US citizens are living in South Africa. Learn how you can send money from US to South Africa here at Exchange Rate IQ using the most favorable rates.

Best way to transfer money from the US to South Africa.

There are many international money transfer options that you can use to send your money to South Africa from US. What you need to do is make sure that the option you choose is affordable and has your best interest at heart. Remember that the best way to send money from US to Canada entirely depends on a number of factors including your preferred mode of transfer. Some of the ways you can make this transfer include:

  1. Money Transfer providers

    Companies like XE Money, World Remit, Remitly and Transfer Wise offer fast transfers, competitive exchange rates and low to no transfer fees.

  2. Checks and Bank transfers

    You can send an international check from the US to South Africa. All the same, you can wire your money internationally to a South African bank from the United States.

    Travelex and Western union are service providers that make the transfer possible for you. They are fast, enabling your transfer to take less than 20 minutes to reach your recipient.

6 important things to consider when sending money from US to South Africa.

  1. Transfer service fees: Certain providers offer a better deal when transferring money over a specified amount. Some services like XE Money offer free cash transfer services while some services can cost relatively more.

  2. Transfer method: You can choose to send money to South Africa from US either online via the computer, in person or via an international money transfer mobile app like XE Money. Choose which method suits you best.

  3. Minimum amount: To render much value to your transaction, you have to compare the minimum service limit imposed by the various companies.

  4. USD-ZAR exchange rates: A better exchange rate will ensure that more of your US dollar reaches South Africa. The good thing is, Exchange Rate IQ has made it easier to compare these rates.

  5. Customer service: You have to look at the type of assistance you will receive to make your transaction seamless. You can always start by shooting some queriesto confirm the kind of customer support to expect.

  6. Pick up method: There are several ways in which your recipient can receive their money. These are through an agent’s location, home delivery of the cash or via a bank.

FAQ's

Is it possible to send money from US to South Africa?

With the current advancement in technology, it is 100% possible to make cross-border transfers between most states today. US-South Africa border is no exception when it comes to this trade. So yes, it is possible to send money from US to South Africa.

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How can I make sure my money is safe during the transfer?

Choose a good transfer option that guarantees the safe conveyance of your money. Service providers like XE Money do everything for you when it comes to security. From tracking your money to ensuring safe pick-up by your recipient, they assure you that your money is well taken care of.

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Who is responsible for the security of my money during the transfer?

The security of your money should be the responsibility of the transfer company, the sender and receiver as well. It is also good to always track your money when transferring money from US to South Africa. Most of these companies however have tight measures to keep hackers from stealing your money.

Therefore, you need to play your part as the sender or receiver as well to make sure that you don’t get robbed because someone had access to your money transfer information.

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Historical Mid Market Exchange Rate From Singapore Dollar (SGD) to South Africa Rand (ZAR) (Weekly)

Current Exchange Rate(Mid Market) :- 12.41 ZAR/SGD

Mid-market Rate is a currency exchange rate. Usually traders in currency exchange market have two exchange rates -
  • Selling exchange rate - at which sellers are willing to sell a particular currency and
  • Buying exchange rate - at which buyers are willing to buy a particular currency.
Mid-market rate is the mid-point of these two rates. This is the most transparent and the most accurate exchange rate. It is also known as “Interbank Rate” or “Spot Rate” or “Real Exchange Rate”. This is the rate which independent sources like Reuter, Google etc show.

Compare Currency Conversion SGD To ZAR

Send Singapore Dollar To SOUTH-AFRICA Receive South Africa Rand
1 SGD TO ZAR 12.41
50 SGD TO ZAR 620.5
100 SGD TO ZAR 1241
250 SGD TO ZAR 3102.5
500 SGD TO ZAR 6205
1000 SGD TO ZAR 12410
5000 SGD TO ZAR 62050
10000 SGD TO ZAR 124100
Send South Africa Rand Receive Singapore Dollar From SOUTH-AFRICA
1 ZAR FROM SGD 0.08
50 ZAR FROM SGD 4.03
100 ZAR FROM SGD 8.06
250 ZAR FROM SGD 20.15
500 ZAR FROM SGD 40.29
1000 ZAR FROM SGD 80.58
5000 ZAR FROM SGD 402.9
10000 ZAR FROM SGD 805.8

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