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Compare today's MKD to ZAR (Macedonian Denar to South African Rand) exchange rates

Macedonia
South Africa
MKD

Interbank Exchange Rate: 1 MKD = 0.3079 ZAR
Updated about an hour ago

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All you need to know about Macedonian Denar to South African Rand money transfers

Easily compare money transfer providers in one place to send money from Macedonia to South Africa. Send money overseas to your loved ones by comparing Macedonian Denar (MKD) to South African Rand (ZAR) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Macedonia.

Were you looking to send money from South Africa to Macedonia instead?

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest MKD to ZAR Conversion Rates

Here are some latest MKD to ZAR (Macedonian Denar to South African Rand) exchange rates for popular conversion amounts*.

1 MKD0.31 ZAR
5 MKD1.54 ZAR
10 MKD3.08 ZAR
25 MKD7.70 ZAR
50 MKD15.40 ZAR
100 MKD30.79 ZAR
150 MKD46.19 ZAR
200 MKD61.58 ZAR
250 MKD76.98 ZAR
300 MKD92.37 ZAR
400 MKD123.16 ZAR
500 MKD153.95 ZAR
600 MKD184.74 ZAR
700 MKD215.53 ZAR
800 MKD246.32 ZAR
1,000 MKD307.90 ZAR
1,500 MKD461.85 ZAR
2,000 MKD615.80 ZAR
2,500 MKD769.75 ZAR
3,000 MKD923.70 ZAR
4,000 MKD1,231.60 ZAR
5,000 MKD1,539.50 ZAR
10,000 MKD3,079.00 ZAR
15,000 MKD4,618.50 ZAR
20,000 MKD6,158.00 ZAR
30,000 MKD9,237.00 ZAR
40,000 MKD12,316.00 ZAR
50,000 MKD15,395.00 ZAR
100,000 MKD30,790.00 ZAR

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to send money to South Africa from Macedonia?

There are many good choices when it comes to sending money from Macedonia to South Africa. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Macedonian Denar to ZAR money transfers.

We compare different remittance companies to bring you the best options to send money to South Africa from Macedonia. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Macedonian Denar to South African Rand money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best rate to transfer money to South Africa from Macedonia?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to South Africa from Macedonia. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your MKD to South African Rand money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Macedonia to South Africa corridor to give you more good choices for your next ZAR money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way to send money to South Africa from Macedonia?

The final amount your recipient gets when you send MKD to ZAR is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Macedonia to South Africa used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send South African Rand is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Macedonian Denar to South Africa exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


Should I use my bank to transfer money from Macedonia to South Africa?

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low MKD to ZAR exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Macedonia to South Africa money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to South Africa from Macedonia. They do this by letting you fund your transaction through your local bank account in Macedonia, and by allowing you to choose the payout to be your recipient's bank account in South Africa. But, you are likely to get much better rates and lower fees compared to your bank.


What is the fastest way to transfer money from Macedonia to South Africa?

The speed of your Macedonian Denar to South African Rand funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert MKD to ZAR. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to South Africa from Macedonia is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in South Africa if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout ZAR into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Macedonia bank to South Africa bank transfer.


Which are the best money transfer companies to transfer money to South Africa from Macedonia?

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Macedonia to South Africa, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best Macedonian Denar to South African Rand exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your ZAR money transfers to South Africa. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in South Africa getting more money for every Macedonian Denar you send.


Step by step guide to do a money transfer from Macedonia to South Africa

There are many important aspects of Macedonia to South Africa remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Macedonia bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include ZAR bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much Macedonian Denar amount you want to send from Macedonia.
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in South Africa to validate that they get the money once the transaction clears.