NZD to GBP Transfers Compared

   

GBP to NZD shows mixed signals as GBP trades at 2.2922, up 1.3% from its 3-month average. Analysts warn of potential GBP slowdown due to weak retail sales data, while the NZD faces pressure from rate cuts and export tariffs. Watch for fluctuations in this volatile market

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

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 British pound (GBP) rates from different sources before making a conversion.

The above Kiwi to Sterling 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-GBP mid-rate and the possible savings of using various providers. 

How do NZD-GBP rates compare between providers?

The next best is XE at 0.4336, -0.62% from the mid-rate.

Then Wise at 0.4332, which is -0.71% from the mid-rate.

Among the banks the ANZ Bank rate is 0.4895 at 12.2% the BNZ Bank rate is 0.4133 at -5.3% and the TSB Bank rate is 0.4107 at -5.9% compared to the mid-rate 0.4363.

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.