NZD to AED Transfers Compared

       

What is the best Send Money conversion rate for NZD to AED?

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

The above Kiwi to United Arab Emirates dirham comparison table 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 NZD-AED mid-rate and the possible savings of using various providers. 

How do NZD-AED rates compare between providers?

The next best is XE at 2.1788, -0.6% from the mid-rate.

Then Wise at 2.1766, which is -0.7% from the mid-rate.

Among the banks the ANZ Bank rate is 2.1025 at -4.1% the BNZ Bank rate is 2.0783 at -5.2% and the TSB Bank rate is 2.0652 at -5.8% compared to the mid-rate 2.1920.

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.