What is the best Send Money conversion rate for GBP to BRL?
The best GBP to BRL exchange rate is 7.3673 from Wise. This is -0.7% compared to the mid-market rate 7.4192.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare British pound (GBP) to Brazilian real (BRL) rates from different sources before making a conversion.
How do GBP-BRL rates compare between providers?
Looking at our comparison table the best GBP to BRL exchange rate is 7.3673 from Wise, -0.7% from the mid-market rate 7.4192. The next best rate is 7.3598 from Currencies Direct, -0.8% from the mid-rate. with 7.3301696 is -1.2% from the mid-rate.
The Western Union rate is 7.3079 which is -1.5% from the mid-rate.
Among the banks, the Lloyds Bank rate is 7.0482 at -5%, the Royal Bank of Scotland rate is 7.0928 at -4.4%, and the Barclays Bank rate is 7.1595 at -3.5% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers 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.
The Sterling to Real comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest GBP-BRL mid-rate (see Market Data below ) and the possible savings of using various providers.