DNB Bank EUR to USD Transfers Compared

   

EUR/USD has been fluctuating around 1.1724 despite Eurozone PMI hitting 51.1. Analysts note a potential for mixed trends as geopolitical tensions in Ukraine weigh on the euro, while the USD remains resilient amid strong US PMI. Future moves hinge on ECB and Fed policy shifts

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What is the best Send Money conversion rate for EUR to USD?

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

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

How do DNB Bank EUR-USD rates compare between providers?

The next best is XE at 1.1652, -0.6% from the mid-rate.

Then Wise at 1.164, which is -0.7% from the mid-rate.

The Western Union rate is 1.1546 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 DNB 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.