What is the
Citibank Send Money conversion rate for AUD to TWD?
The Citibank AUD to TWD exchange rate is 17.66. This is -9.2% compared to the latest AUD-TWD mid-market rate 19.44.
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 Taiwan dollar (TWD) rates from different sources before making a conversion.
The above
Citibank - Aussie to New Taiwan dollar comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Citibank and other foreign exchange providers against the latest AUD-TWD mid-rate and the possible savings of using various providers.
How do Citibank AUD-TWD rates compare between providers?
Looking at the
full comparison table
the best AUD to TWD exchange rate is 19.31 from Wise, -0.67% from the mid-market rate 19.44. The next best rate is 19.28 from Currencies Direct, -0.82% from the mid-rate. Then Western Union with 19.24 is -1% from the mid-rate.
Among the banks and the ING Bank rate is 18.16 at -6.6% compared to the mid-rate 19.44.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like Citibank 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.
Compare AUD to TWD Transfer Rates