AUD to CHF Transfers Compared

   

AUD has weakened against CHF due to risk aversion and a recent RBA rate cut to 3.85%. Despite positive trade data, the AUD's appeal wanes as rates drop, while the CHF thrives as a safe haven, though facing trade-related risks. Experts predict continued pressure on AUD amid global uncertainties

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What is the best Send Money conversion rate for AUD to CHF?

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 Swiss franc (CHF) rates from different sources before making a conversion.

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

How do AUD-CHF rates compare between providers?

The next best is XE at 0.5201, -0.59% from the mid-rate.

Then Wise at 0.5198, which is -0.65% from the mid-rate.

The Western Union rate is 0.518 which is -0.99% from the mid-rate.

Among the banks the Commonwealth Bank rate is 0.4995 at -4.5% the ANZ Bank rate is 0.5080 at -2.9% and the ING Bank rate is 0.4996 at -4.5% compared to the mid-rate 0.5232.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers 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.