What is the
ANZ Bank Send Money conversion rate for NZD to SGD?
The ANZ Bank NZD to SGD exchange rate is 0.8162. This is 5% compared to the latest NZD-SGD mid-market rate 0.7771.
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 Singapore dollar (SGD) rates from different sources before making a conversion.
The above
ANZ Bank - Kiwi to Singapore dollar 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 NZD-SGD mid-rate and the possible savings of using various providers.
How do ANZ Bank NZD-SGD rates compare between providers?
Looking at the full
NZD to SGD - Send Money comparison table the provider with the best NZD to SGD exchange rate is OFX at 0.7732, -0.5% from the latest mid-market rate 0.7771.
The next best is XE at 0.7724, -0.6% from the mid-rate.
Then Wise at 0.7716, which is -0.71% from the mid-rate.
Among the banks the ANZ Bank rate is 0.8162 at 5% the BNZ Bank rate is 0.7396 at -4.8% and the TSB Bank rate is 0.7349 at -5.4% compared to the mid-rate 0.7771.
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.