BNZ Bank NZD to GBP Transfers Compared

   

GBP to NZD is currently at 2.3105, a 90-day high, as the GBP shows resilience despite mixed UK economic signals. Analysts note pressure on the NZD due to rate cuts and rising unemployment. Traders should watch upcoming economic data for potential shifts

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What is the BNZ Bank Send Money conversion rate for NZD to GBP?

The BNZ Bank NZD to GBP exchange rate is 0.4132. This is -4.8% compared to the latest NZD-GBP mid-market rate 0.4339.

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare New Zealand dollar (NZD) to British pound (GBP) rates from different sources before making a conversion.

The above BNZ Bank - Kiwi to Sterling comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by BNZ Bank and other foreign exchange providers against the latest NZD-GBP mid-rate and the possible savings of using various providers. 

How do BNZ Bank NZD-GBP rates compare between providers?

Looking at the full NZD to GBP - Send Money comparison table the provider with the best NZD to GBP exchange rate is OFX at 0.4317, -0.51% from the latest mid-market rate 0.4339.

The next best is XE at 0.4313, -0.6% from the mid-rate.

Then Wise at 0.4309, which is -0.69% from the mid-rate.

Among the banks the ANZ Bank rate is 0.4895 at 12.8% the BNZ Bank rate is 0.4132 at -4.8% and the TSB Bank rate is 0.4106 at -5.4% compared to the mid-rate 0.4339.

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