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Compare today's ZAR to SHP (South African Rand to Saint Helena Pound) exchange rates

South Africa
Saint Helena
ZAR

Interbank Exchange Rate: 1 ZAR = 0.0456 SHP
Updated about an hour ago

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All you need to know about South African Rand to Saint Helena Pound money transfers

Easily compare money transfer providers in one place to send money from South Africa to Saint Helena. Send money overseas to your loved ones by comparing South African Rand (ZAR) to Saint Helena Pound (SHP) 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 South Africa.

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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 ZAR to SHP Conversion Rates

Here are some latest ZAR to SHP (South African Rand to Saint Helena Pound) exchange rates for popular conversion amounts*.

1 ZAR0.05 SHP
5 ZAR0.23 SHP
10 ZAR0.46 SHP
25 ZAR1.14 SHP
50 ZAR2.28 SHP
100 ZAR4.56 SHP
150 ZAR6.84 SHP
200 ZAR9.12 SHP
250 ZAR11.40 SHP
300 ZAR13.68 SHP
400 ZAR18.24 SHP
500 ZAR22.80 SHP
600 ZAR27.36 SHP
700 ZAR31.92 SHP
800 ZAR36.48 SHP
1,000 ZAR45.60 SHP
1,500 ZAR68.40 SHP
2,000 ZAR91.20 SHP
2,500 ZAR114.00 SHP
3,000 ZAR136.80 SHP
4,000 ZAR182.40 SHP
5,000 ZAR228.00 SHP
10,000 ZAR456.00 SHP
15,000 ZAR684.00 SHP
20,000 ZAR912.00 SHP
30,000 ZAR1,368.00 SHP
40,000 ZAR1,824.00 SHP
50,000 ZAR2,280.00 SHP
100,000 ZAR4,560.00 SHP

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


What's the best way to transfer money from South Africa to Saint Helena?

With the global remittance market booming, there are so many choices for South African Rand to SHP money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Saint Helena from South Africa. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final SHP amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best exchange rate for your money transfers from South Africa to Saint Helena?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Saint Helena from South Africa. 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 ZAR to Saint Helena Pound 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 South Africa to Saint Helena corridor to give you more good choices for your next SHP 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 South Africa to Saint Helena?

The final amount your recipient gets when you send ZAR to SHP 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 South Africa to Saint Helena 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 Saint Helena Pound 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 South African Rand to Saint Helena 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.


How to send money to Saint Helena from South Africa through a bank?

Bank transfers have been a traditionally popular way to send money overseas from South Africa to Saint Helena. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the ZAR to SHP exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your South Africa bank for your Saint Helena money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


How to send money to Saint Helena from South Africa fast?

The speed of your South African Rand to Saint Helena Pound 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 ZAR to SHP. 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 Saint Helena from South Africa 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 Saint Helena 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 SHP into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than South Africa bank to Saint Helena bank transfer.


Which are the best money transfer companies to send money from South Africa to Saint Helena?

Comparing money transfer companies for sending money to Saint Helena from South Africa can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Saint Helena. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your South African Rand to Saint Helena Pound transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Saint Helena Pound yield on every South African Rand that you send.


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

With so many possible ways to transfer South African Rand to Saint Helena Pound, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your South Africa to Saint Helena remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in South Africa and the receiver in Saint Helena. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your ZAR to Saint Helena Pound money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.