The comparison table above helps you see the total cost of your Wise currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Wise - GBP Rate Margin Analysis
The average GBP rate margin offered by Wise is 0.87%.
This average is based on individual GBP 10K transfer rates in the currency pairs from Wise that we monitor.
Wise - Best and Worst Value Rates
The tables below show the best and worst exchange rate margins offered by Wise for British pound (GBP 10K)
transactions. Margins show the percentage difference from the mid-market rate.
Bias: GBP/XAF remains bullish-to-range-bound, slightly above the 90-day average.
Key drivers:
- Bank of England cautious on rate cuts; BEAC recently hiked rates.
- Oil price volatility pressures XAF due to reliance on oil exports.
- UK export prospects may weaken amid US-China tensions.
Range: Expect GBP/XAF to drift within its stable range as both currencies react to market dynamics.
What could change it:
- Upside: Positive UK economic data may boost GBP.
- Downside: Geopolitical conflicts could lead to safe-haven flows hurting GBP
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GBP to XAF Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much British pound are worth in Central African franc across a range of amounts.
This gives a quick view of what you’d get when converting different GBP amounts at today’s rate * :
What is the
Wise Send Money conversion rate for GBP to XAF?
The Wise GBP to XAF exchange rate is 752.04. This is -0.6% compared to the latest GBP-XAF mid-market rate 756.58.
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 Central African franc (XAF) rates from different sources before making a conversion.
The above
Wise - Sterling to Central African franc comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Wise and other foreign exchange providers against the latest GBP-XAF mid-rate and the possible savings of using various providers.
How do Wise GBP-XAF rates compare between providers?
Looking at the full
GBP to XAF - Send Money comparison table the provider with the best GBP to XAF exchange rate is Wise at 752.04, -0.6% from the latest mid-market rate 756.58.
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
like Wise or platforms that offer rates closer to the mid-market rate.