What are the ANZ Bank rates for other currencies?
The table below shows ANZ Bank Australian dollar (AUD) Send Money exchange rates with the percentage of margin being charged from the current market mid-rate :
ANZ Bank Send Money Exchange Rates
What is the
ANZ Bank Send Money conversion rate for AUD to PHP?
The ANZ Bank AUD to PHP exchange rate is 34.6930. This is -4.4% compared to the latest AUD-PHP mid-market rate 36.30.
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 Philippine peso (PHP) rates from different sources before making a conversion.
The above
ANZ Bank - Aussie to Peso comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
ANZ Bank and other foreign exchange providers against the latest AUD-PHP mid-rate and the possible savings of using various providers.
How do ANZ Bank AUD-PHP rates compare between providers?
Looking at the
full comparison table
the best AUD to PHP exchange rate is 36.12 from OFX, -0.5% from the mid-market rate 36.30. The next best rate is 36.08 from XE, -0.61% from the mid-rate. Then Wise with 36.06 is -0.66% from the mid-rate.
The Western Union rate is 35.93 which is -1% from the mid-rate.
Among the banks the Commonwealth Bank rate is 33.96 at -6.4% the ANZ Bank rate is 34.6930 at -4.4% and the ING Bank rate is 34.22 at -5.7% compared to the mid-rate 36.30.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like ANZ 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.
Compare AUD to PHP Transfer Rates