What is the
best Send Money conversion rate for GBP to BRL?
The best GBP to BRL exchange rate is 7.0373 from Wise. This is -0.6% compared to the mid-market rate 7.0798.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
British pound (GBP) to Brazilian real (BRL) rates from different sources before making a conversion.
The above
ANZ Bank - Sterling to Real 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 GBP-BRL mid-rate and the possible savings of using various providers.
How do ANZ Bank GBP-BRL rates compare between providers?
Looking at the full
GBP to BRL - Send Money comparison table the provider with the best GBP to BRL exchange rate is Wise at 7.0373, -0.6% from the latest mid-market rate 7.0798.
The next best is Western Union at 6.9736, -1.5% from the mid-rate.
Among the banks the Lloyds Bank rate is 6.7258 at -5% the Royal Bank of Scotland rate is 6.7683 at -4.4% and the Barclays Bank rate is 6.7471 at -4.7% compared to the mid-rate 7.0798.
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 GBP to BRL Transfer Rates