What is the
PayPal Send Money conversion rate for NZD to PHP?
The PayPal NZD to PHP exchange rate is 31.53. This is -6.2% compared to the latest NZD-PHP mid-market rate 33.62.
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 Philippine peso (PHP) rates from different sources before making a conversion.
The above
PayPal - Kiwi to Peso comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
PayPal and other foreign exchange providers against the latest NZD-PHP mid-rate and the possible savings of using various providers.
How do PayPal NZD-PHP rates compare between providers?
Looking at the
full comparison table
the best NZD to PHP exchange rate is 33.45 from OFX, -0.51% from the mid-market rate 33.62. The next best rate is 33.42 from XE, -0.59% from the mid-rate. Then Wise with 33.38 is -0.71% from the mid-rate.
Among the banks the ANZ Bank rate is 34.0619 at 1.3% the BNZ Bank rate is 31.19 at -7.2% and the TSB Bank rate is 30.99 at -7.8% compared to the mid-rate 33.62.
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.
Compare NZD to PHP Transfer Rates