Deutsche Bank EUR to NZD Transfers Compared

   

EUR/NZD trades at 1.9823, up 1.2% from the 3-month avg of 1.9589. Analysts note that robust German economic data and ECB's stable outlook boost the euro, while RBNZ's rate cuts and export concerns weigh on the NZD. Traders should monitor key economic updates ahead

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What is the Deutsche Bank Send Money conversion rate for EUR to NZD?

The Deutsche Bank EUR to NZD exchange rate is 1.8875. This is -4.9% compared to the latest EUR-NZD mid-market rate 1.9846.

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

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

How do Deutsche Bank EUR-NZD rates compare between providers?

The next best is XE at 1.9727, -0.6% from the mid-rate.

Then Wise at 1.9707, which is -0.7% from the mid-rate.

The Western Union rate is 1.9549 which is -1.5% from the mid-rate.

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