Commonwealth Bank AUD to MXN Exchange Rates & Currency Deals
AUD-MXN Rate Calculator
Understanding the Table:
The comparison table above helps you see the total cost of your Commonwealth Bank currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Commonwealth Bank - AUD Rate Margin Analysis
The average AUD rate margin offered by Commonwealth Bank is 4.8%.
This average is based on individual AUD 10K transfer rates in the currency pairs from Commonwealth Bank that we monitor.
Commonwealth Bank - Best and Worst Value Rates
The tables below show the best and worst exchange rate margins offered by Commonwealth Bank for Australian dollar (AUD 10K)
transactions. Margins show the percentage difference from the mid-market rate.
Commonwealth Bank Best Value Rates (Lowest Margins)
AUD/MXN Outlook: Slightly positive, but likely to move sideways, as the Australian dollar trades above its recent average while lacking a strong driver.
AUD/USD Outlook: Slightly positive, but likely to move sideways, as the rate is currently above its recent average but lacks a clear driver for significant change.
AUD/MXN update: Outlook slightly positive but likely sideways as AUD trades above avg. Key drivers: RBA rate hike potential, recent commodity price dip, weaker China mfg. Range: expected to hold within recent 3-mo range. Upside if commodities rise, downside if China data worsens
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AUD to MXN Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Australian dollar are worth in Mexican peso across a range of amounts.
This gives a quick view of what you’d get when converting different AUD amounts at today’s rate * :
What is the
Commonwealth Bank Send Money conversion rate for AUD to MXN?
The Commonwealth Bank AUD to MXN exchange rate is 11.29. This is -7.2% compared to the latest AUD-MXN mid-market rate 12.17.
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 Mexican peso (MXN) rates from different sources before making a conversion.
The above
Commonwealth Bank - Aussie to Peso comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Commonwealth Bank and other foreign exchange providers against the latest AUD-MXN mid-rate and the possible savings of using various providers.
How do Commonwealth Bank AUD-MXN rates compare between providers?
Looking at the full
AUD to MXN - Send Money comparison table the provider with the best AUD to MXN exchange rate is OFX at 12.11, -0.49% from the latest mid-market rate 12.17.
The next best is XE at 12.1, -0.58% from the mid-rate.
Then Wise at 12.09, which is -0.66% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like Commonwealth 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.