What is the
Citibank Send Money conversion rate for EUR to USD?
The Citibank EUR to USD exchange rate is 1.1264. This is -2.9% compared to the latest EUR-USD mid-market rate 1.1597.
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
Citibank - Euro to 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 EUR-USD mid-rate and the possible savings of using various providers.
How do Citibank EUR-USD rates compare between providers?
Looking at the
full comparison table
the best EUR to USD exchange rate is 1.1539 from OFX, -0.5% from the mid-market rate 1.1597. The next best rate is 1.1527 from XE, -0.6% from the mid-rate. Then Wise with 1.1516 is -0.7% from the mid-rate.
The Western Union rate is 1.1423 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 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 EUR to USD Transfer Rates