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Understanding the Table:
The comparison table above helps you see the total cost of your St George Bank currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Like all the leading banks, St George Bank offers a wide range of currency related products and services to its customers. If you are a customer of St George and use internet banking to transfer money overseas then you will be interested to learn how St George Bank exchange rates compare to other providers.
* You must be a customer of St George Bank to use their exchange currency services.
To Receive money from overseas into your St George bank account you'll need to provide the sender with:
The St George Bank AUD to NZD exchange rate is 1.0451. This is -3.4% compared to the latest AUD-NZD mid-market rate 1.0815.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Australian dollar (AUD) to New Zealand dollar (NZD) rates from different sources before making a conversion.
The above St George Bank - Aussie to Kiwi comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by St George Bank and other foreign exchange providers against the latest AUD-NZD mid-rate and the possible savings of using various providers.
Looking at the full AUD to NZD - Send Money comparison table the provider with the best AUD to NZD exchange rate is OFX at 1.0761, -0.5% from the latest mid-market rate 1.0815.
The next best is XE at 1.075, -0.6% from the mid-rate.
Then Wise at 1.0745, which is -0.65% from the mid-rate.
The Western Union rate is 1.0707 which is -1% from the mid-rate.
Among the banks the Commonwealth Bank rate is 1.0391 at -3.9% the ANZ Bank rate is 1.0473 at -3.2% and the ING Bank rate is 1.0429 at -3.6% compared to the mid-rate 1.0815.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like St George Bank often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency:
