AUD to NZD Transfers Compared

   

AUD is gaining momentum, supported by strong trade data from China and a potential hawkish RBA. Meanwhile, NZD struggles amid tariff concerns and weak consumer spending. Current AUD/NZD rate at 1.1391 shows a stable rise; experts suggest keeping an eye on market shifts

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

The best AUD to NZD exchange rate is 1.1315 from Wise. This is -0.37% compared to the mid-market rate 1.1357.

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 New Zealand dollar (NZD) rates from different sources before making a conversion.

The above Aussie to Kiwi 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-NZD mid-rate and the possible savings of using various providers. 

How do AUD-NZD rates compare between providers?

Looking at the full AUD to NZD - Send Money comparison table the provider with the best AUD to NZD exchange rate is Wise at 1.1315, -0.37% from the latest mid-market rate 1.1357.

The next best is OFX at 1.13, -0.5% from the mid-rate.

Then XE at 1.1288, which is -0.61% from the mid-rate.

The Western Union rate is 1.1243 which is -1% from the mid-rate.

Among the banks the Commonwealth Bank rate is 1.0949 at -3.6% the ANZ Bank rate is 1.096 at -3.5% and the ING Bank rate is 1.0971 at -3.4% compared to the mid-rate 1.1357.

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.