Understanding the Table:
The comparison table above helps you see the total cost of your Bankwest 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’.
The Bankwest AUD to PHP exchange rate is 34.46. This is -6.5% compared to the latest AUD-PHP mid-market rate 36.86.
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 Philippine peso (PHP) rates from different sources before making a conversion.
The above Bankwest - Aussie to Peso comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Bankwest and other foreign exchange providers against the latest AUD-PHP mid-rate and the possible savings of using various providers.
Looking at the full AUD to PHP - Send Money comparison table the provider with the best AUD to PHP exchange rate is OFX at 36.68, -0.49% from the latest mid-market rate 36.86.
The next best is XE at 36.64, -0.6% from the mid-rate.
Then Wise at 36.62, which is -0.65% from the mid-rate.
The Western Union rate is 36.49 which is -1% from the mid-rate.
Among the banks the Commonwealth Bank rate is 34.50 at -6.4% the ANZ Bank rate is 35.6010 at -3.4% and the ING Bank rate is 34.91 at -5.3% compared to the mid-rate 36.86.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Bankwest 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.
View a full list of exchange rates by selecting your Base (from) currency:
