TSB Bank NZD to AUD Transfers Compared

   

AUD/NZD update: The AUD is trading at 1.1364, 2.2% above its 3-month avg, bolstered by positive Australian trade data and a hawkish RBA. In contrast, the NZD is pressured by a surprise RBNZ rate cut and sluggish growth. Experts predict continued AUD strength amid export demand

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

The TSB Bank NZD to AUD exchange rate is 0.8324. This is -5.2% compared to the latest NZD-AUD mid-market rate 0.8784.

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare New Zealand dollar (NZD) to Australian dollar (AUD) rates from different sources before making a conversion.

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

How do TSB Bank NZD-AUD rates compare between providers?

Looking at the full NZD to AUD - Send Money comparison table the provider with the best NZD to AUD exchange rate is Wise at 0.8763, -0.24% from the latest mid-market rate 0.8784.

The next best is OFX at 0.874, -0.5% from the mid-rate.

Then XE at 0.8731, which is -0.6% from the mid-rate.

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