What is the ASB Bank Send Money conversion rate for NZD to SBD?
The ASB Bank NZD to SBD exchange rate is 4.3112. This is -12.4% compared to the latest NZD-SBD mid-market rate 4.9239.
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 Solomon Islands dollar (SBD) rates from different sources before making a conversion.
How do ASB Bank NZD-SBD rates compare between providers?
Looking at our comparison table the best NZD to SBD exchange rate is 4.8894 from Wise, -0.7% from the mid-market rate 4.9239. The next best rate is 4.85 from WorldRemit, -1.5% from the mid-rate. Then OFX with 4.4048 is -10.5% from the mid-rate.
Among the banks, the ANZ Bank rate is 4.647 at -5.6%, the BNZ Bank rate is 4.2522 at -13.6%, and the TSB Bank rate is 4.2226 at -14.2% compared to the mid-rate 4.9239.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like ASB Bank 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 ASB Bank Kiwi to Solomon Islands dollar comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by ASB Bank and other foreign exchange providers against the latest NZD-SBD mid-rate (see Market Data below ) and the possible savings of using various providers.
