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Frequently Asked Questions (FAQs) ZAR-EUR

How can I get the best ZAR-EUR exchange rate today here? Abrir Respuesta

Getting to know the best exchange rate to change ZARs to Euros today in France is as easy as heading to Comparer Devise.es and choosing the desired currency in our currency purchase widget, tab Sell Currency.

Bear in mind that the prices and conditions to change ZARs to euros that you see on our website are guaranteed to be better than the prices you will be applied if you go directly to the currency provider.

We do not recommend exchanging currency at a french bank. They charge you a commission of around 2 to 3% as well as a margin.

Exchanging travel money at the airport is not recommended at all when selling ZARs to euros.

Is it safe to sell rands to euros online in France? Abrir Respuesta

Selling online rands to euros in France is highly secure. Note that it is done with currency suppliers that must have an authorization from the Bank of France.

Additionally, these currency suppliers are businesses subject to investigation and can be fined if they do not comply with the binding AML legislation in France to indicate with whom they exchange rands to euros.

Is it advisable to order online or click and collect rands d'Afrique du sud for euros in France? Abrir Respuesta

Generally, the online prices of the travel money providers in France, are more interesting than the prices you get when you change directly in one of their offices.

So we advise you to carry out a price comparison when before selling rands d'Afrique du sud to euros.

And later Comparer Devise advices to reserve online to choose the collect in store delivery method at an office of the currency exchange suppliers around you. This way you will be handed more euros for your rands d'Afrique du sud adequately.

Where to change and where not to change rands ZARs to euros in France Abrir Respuesta

As a rule, we advise you to change your holiday money in safe locations and where they do not impose on you a commission, in addition to an exchange margin. Practically all french banks and some physical currency providers will apply to you a currency exchange fee of around 3%, with a minimum (whichever is higher), between 6 and 10 euros.

This means that when you exchange the equivalent of 100 € from rand to euro, in addition to an exchange margin, you will pay a fixed fee of of six to ten €, since it is an amount higher than the 3 euros commission that would correspond to applying 3% to 100 euros. If you change the equivalent of six hundred euros from rand to euro, they would impose a 3% commission. That is 18 euros, which is higher than the minimum of of 6 to 10 euros.

I have previously changed Euros to rands d'Afrique du sud, what can I do if I have leftover rands d'Afrique du sud on my way back from a holiday? Abrir Respuesta

Once your travels are over, you can change your exceeding rands d'Afrique du sud at your nearest of the different holiday money supplier´s outlets that participate on the Comparer Devise grid.

Then click/tap on the Sell your currency tab and find your exceeding currency and then fill in the amount of rand banknotes you have. Please do not include loose coins, for these providers do not accept them.

How does the rand to euro currency exchange work? Abrir Respuesta

Currency exchange is an activity similar to many others: there are individuals who buy and sell currencies like the rand in exchange for euros to/from a retailer (the one that sells/buys from us rands d'Afrique du sud).

If they do not have enough amount of rands d'Afrique du sud, they buy this currency from a wholesaler company. The difference between what they have paid for the rands d'Afrique du sud and what they charge you when you demand them is the profit margin they get.

However, in this currency exchange business, it may be the case that the bank or currency supplier does not get the notes from a wholesaler, but alternatively acquires them from a traveller who comes to France with rands d'Afrique du sud.

In this case, in addition to obtaining a margin for buying the rand notes from this traveller, they apply to you another margin when they sell you the currency. Double win!

When is the best moment to change ZARs to euros in France? Abrir Respuesta

The rand to euro rate oscillates day to day. The currencies of countries with more stable economies fluctuate less, and vice-versa. But it is also necessary to bear in mind phenomena such as the Ukraine war or Brexit, major sporting events or economic crisis, which can affect the exchange rates of a specific currency, like the rand, right away.

In any case, most currency suppliers and banks usually revise the rate at which they buy or sell ZARs once a day, first thing in the morning.

Comparer Devise always has its rates up to date, so that you browse the best data available on exchange rates.

Do I have to provide any kind of ID card to do a ZAR-EUR currency exchange? Abrir Respuesta

The usual thing is that the foreign currency provider where you will change your rands ZARs to euros will ask you to provide an updated and valid identity card (resident´s ID card (carte nationale d´identité) or passport in France). Have in mind that your driver's ID is not usually accepted as a valid identification document.

On the other end banks will not generally request any ID from their customers who change rands ZARs to euros with them because they will already have identified them when they opened an account with them.

Where can I change rands for euros during my holidays in France today? Abrir Respuesta

Consumers only remember their bank when they sell rands to euros. Yet we advise that you get to know the alternative of foreign currency providers. And the reason for this is because practically all french banks apply on you a fixed commission of 3% (with a minimum of between 6 and 10 euros) besides a margin on the rands that you sell them in exchange for euros.

For their part, the foreign exchange providers that proclaim no commission are more attractive to your purse since they do not impose on you this fee.

Comparer Devise compares any time for you the rand to euro foreign exchange prices in your city so that you can opt for the option that best suits you.

Is there a ceiling of rands that I can change online in France when I change rands to euros? Abrir Respuesta

The median ZAR-EUR currency exhange in France of a traveler who exchanges rands to euros is usually around the equivalent to 700 euros.

If you want to sell rands for more than 5,999 euros in value, the requirements that your holiday money supplier will apply to you will be reinforced. To rephrase it, they might ask you to prove the origin of your rands or your employment contract, etc.

Nevertheless up to the equivalent in rands of 5900 euros per calendar quarter, the french travel money suppliers do not usually ask you for more than the french identity card called carte nationale d´identité or your passport to sell rands to euros.

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