{"id":241044,"date":"2021-12-20T14:11:49","date_gmt":"2021-12-20T13:11:49","guid":{"rendered":"https:\/\/buzzsouthafrica.com\/?p=241044"},"modified":"2021-12-20T14:11:52","modified_gmt":"2021-12-20T13:11:52","slug":"where-to-exchange-foreign-currency-in-south-africa","status":"publish","type":"post","link":"https:\/\/buzzsouthafrica.com\/where-to-exchange-foreign-currency-in-south-africa\/","title":{"rendered":"Where To Exchange Foreign Currency In South Africa"},"content":{"rendered":"
As a traveler who is coming into South Africa, one of the very first questions on your mind before leaving your home country or immediately you get into South Africa is usually “where do I exchange foreign currency in South Africa?”, especially if it is your first time coming into the country. South Africa, which is home to many foreigners who come as tourists or for business purposes, has provided several ways to make foreign currency exchange easy.<\/p>\n
There are a variety of methods or places where you can exchange foreign currency in South Africa, and as such, it is usually advised that you research and compare the different available options before settling on any. In making the choice of which to go for, you should put into consideration their exchange rates and trustworthiness.<\/p>\n
In South Africa, exchanging foreign currency can be done at local banks and other institutions, which are a part of the Bureau De Change. Exchange rates also differ depending on the institution you make use of. You can even exchange your currency in your home country before coming to South Africa. However, exchanging your local currency for the South African Rand in your home country may be more expensive and may take more time, so doing so on arrival to the country may be your easiest shot.<\/p>\n
<\/a> One of the most popular ways of exchanging foreign currency in South Africa is through South African banks, who thankfully, have the provision for this service. Here is a list of banks in South Africa where you can exchange foreign currency:<\/p>\n However, some banks are referred to as the best banks for exchanging foreign currency in South Africa. These major banks and recommend banks to trade foreign currencies in the country include:<\/p>\n <\/a>Some non-South African banks have\u00a0branches in South Africa where you can exchange foreign currency. These banks include:<\/p>\n Another method of exchanging foreign currency in South Africa is using Bureau De Change. A bureau de change is any business that makes money from buying and selling currencies. Usually, they buy at a cheaper rate and sell at a more expensive rate after adding an extra commission. However, before exchanging your currency, be sure that the person is trustworthy or has a reputation for being straightforward.<\/p>\n Before coming into South Africa, you can also visit your local bank to change your currency for some South African Rand (Zar), especially if you are coming from another African country.<\/p>\n
\nIn South Africa, the locally accepted currency is the South African Rand, and it is made up of both coins and notes. For the notes, you can get R10, R20, R50, R100, and R200, and for the coin, 5c, 10c, 20c, 50c, R1, R2, and R5.<\/p>\nYou Can Exchange Foreign Currency At A South African Bank<\/strong><\/h3>\n
\n
\n
You Can Also Exchange Foreign Currency At International Banks In South Africa<\/strong><\/h3>\n
\n
You Can Also Exchange Foreign Currency By Using Bureau De Change<\/strong><\/h3>\n
You Can Also Exchange Money To Zar Outside South Africa<\/strong><\/h3>\n