Bank of Melbourne AUD to THB Transfers Compared

   

AUD/THB update: The Australian dollar has slightly recovered to 21.35 THB, up 1.0% from its 3-month avg of 21.14 THB. Analysts warn that RBA's rate cut, global trade tensions, and China's demand slowdown could impact AUD further, while THB remains strong due to local policies

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What is the Bank of Melbourne Send Money conversion rate for AUD to THB?

The Bank of Melbourne AUD to THB exchange rate is 20.82. This is -2.2% compared to the latest AUD-THB mid-market rate 21.29.

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 Thai baht (THB) rates from different sources before making a conversion.

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

How do Bank of Melbourne AUD-THB rates compare between providers?

Looking at the full AUD to THB - Send Money comparison table the provider with the best AUD to THB exchange rate is OFX at 21.18, -0.52% from the latest mid-market rate 21.29.

The next best is XE at 21.16, -0.61% from the mid-rate.

Then Wise at 21.16, which is -0.61% from the mid-rate.

The Western Union rate is 21.07 which is -1% from the mid-rate.

Among the banks the Commonwealth Bank rate is 20.36 at -4.4% the ANZ Bank rate is 20.58 at -3.3% and the ING Bank rate is 20.37 at -4.3% compared to the mid-rate 21.29.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Bank of Melbourne 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.