What is the
Citibank Send Money conversion rate for AUD to JPY?
The Citibank AUD to JPY exchange rate is 88.14. This is -6.3% compared to the latest AUD-JPY mid-market rate 94.09.
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 Japanese yen (JPY) rates from different sources before making a conversion.
The above
Citibank - Aussie to Yen 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-JPY mid-rate and the possible savings of using various providers.
How do Citibank AUD-JPY rates compare between providers?
Looking at the
full comparison table
the best AUD to JPY exchange rate is 93.62 from OFX, -0.5% from the mid-market rate 94.09. The next best rate is 93.53 from XE, -0.6% from the mid-rate. Then Wise with 93.48 is -0.65% from the mid-rate.
The Western Union rate is 93.15 which is -1% from the mid-rate.
Among the banks the Commonwealth Bank rate is 89.32 at -5.1% the ANZ Bank rate is 91.0600 at -3.2% and the ING Bank rate is 90.59 at -3.7% compared to the mid-rate 94.09.
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 JPY Transfer Rates