Compare today's PEN to ZAR (Peruvian Nuevo Sol to South African Rand) exchange rates
Interbank Exchange Rate: 1 PEN = 4.7686 ZAR
Updated about an hour ago
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All you need to know about Peruvian Nuevo Sol to South African Rand money transfers
Easily compare money transfer providers in one place to send money from Peru to South Africa. Send money overseas to your loved ones by comparing Peruvian Nuevo Sol (PEN) 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.
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Latest PEN to ZAR Conversion Rates
Here are some latest PEN to ZAR (Peruvian Nuevo Sol to South African Rand) exchange rates for popular conversion amounts*.
| 1 PEN | 4.77 ZAR |
| 5 PEN | 23.84 ZAR |
| 10 PEN | 47.69 ZAR |
| 25 PEN | 119.22 ZAR |
| 50 PEN | 238.43 ZAR |
| 100 PEN | 476.86 ZAR |
| 150 PEN | 715.29 ZAR |
| 200 PEN | 953.72 ZAR |
| 250 PEN | 1,192.15 ZAR |
| 300 PEN | 1,430.58 ZAR |
| 400 PEN | 1,907.44 ZAR |
| 500 PEN | 2,384.30 ZAR |
| 600 PEN | 2,861.16 ZAR |
| 700 PEN | 3,338.02 ZAR |
| 800 PEN | 3,814.88 ZAR |
| 1,000 PEN | 4,768.60 ZAR |
| 1,500 PEN | 7,152.90 ZAR |
| 2,000 PEN | 9,537.20 ZAR |
| 2,500 PEN | 11,921.50 ZAR |
| 3,000 PEN | 14,305.80 ZAR |
| 4,000 PEN | 19,074.40 ZAR |
| 5,000 PEN | 23,843.00 ZAR |
| 10,000 PEN | 47,686.00 ZAR |
| 15,000 PEN | 71,529.00 ZAR |
| 20,000 PEN | 95,372.00 ZAR |
| 30,000 PEN | 143,058.00 ZAR |
| 40,000 PEN | 190,744.00 ZAR |
| 50,000 PEN | 238,430.00 ZAR |
| 100,000 PEN | 476,860.00 ZAR |
*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.
What's the best way to do Peru to South Africa money transfers?
It can be very confusing when sending money from Peru to South Africa given so many choices. Additionally, Peruvian Nuevo Sol to ZAR exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.Choose Peru to South Africa as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to South Africa from Peru. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.
To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Peruvian Nuevo Sol to South African Rand remittances.
How to get the best remit rate for transferring money from Peru to South Africa?
Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to South Africa from Peru. 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 PEN 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 Peru 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 transfer money from Peru to South Africa?
The final amount your recipient gets when you send PEN 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 Peru 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 Peruvian Nuevo Sol 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 Peru to South Africa?
We do not recommend using your local bank in Peru for your next PEN to ZAR overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Peru to South Africa (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.
Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending ZAR to South Africa. These companies will let you use your local bank account in Peru to pay for your South Africa money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.
How to send money from Peru to South Africa fast?
It could be a stressful experience if you need to rush money quickly from Peru to South Africa. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?First, you should ensure that you are picking the right payment method to convert PEN to ZAR. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.
Similarly, on the receiving side, your recipient also has multiple options to collect their monies in South African Rand. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.
Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Peru to South Africa money transfers.
Which are the best money transfer companies to send money to South Africa from Peru?
Peru to South Africa money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach South Africa as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.
Once you have defined your parameters, selecting the best Peruvian Nuevo Sol to South African Rand money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.
Step by step guide to send money to South Africa from Peru
Follow the below easy steps to send money to South Africa from Peru.- If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
- You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
- Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Peru bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in South Africa).
- Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
- Add the transfer amount and start the transaction.
Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.