BankSA AUD to NZD Transfers Compared

   

AUD is gaining momentum, supported by strong trade data from China and a potential hawkish RBA. Meanwhile, NZD struggles amid tariff concerns and weak consumer spending. Current AUD/NZD rate at 1.1391 shows a stable rise; experts suggest keeping an eye on market shifts

@bestfxrates   

   

What is the BankSA Send Money conversion rate for AUD to NZD?

The BankSA AUD to NZD exchange rate is 1.1126. This is -2.2% compared to the latest AUD-NZD mid-market rate 1.1376.

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 BankSA - Aussie to Kiwi comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by BankSA and other foreign exchange providers against the latest AUD-NZD mid-rate and the possible savings of using various providers. 

How do BankSA AUD-NZD rates compare between providers?

Looking at the full AUD to NZD - Send Money comparison table the provider with the best AUD to NZD exchange rate is Wise at 1.1337, -0.34% from the latest mid-market rate 1.1376.

The next best is OFX at 1.1319, -0.5% from the mid-rate.

Then XE at 1.1307, which is -0.61% from the mid-rate.

The Western Union rate is 1.1262 which is -1% from the mid-rate.

Among the banks the Commonwealth Bank rate is 1.0968 at -3.6% the ANZ Bank rate is 1.0959 at -3.7% and the ING Bank rate is 1.0971 at -3.6% compared to the mid-rate 1.1376.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like BankSA 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.