What is the
Remitly Send Money conversion rate for GBP to SEK?
The Remitly GBP to SEK exchange rate is 12.64. This is -2.5% compared to the latest GBP-SEK mid-market rate 12.97.
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 Swedish krona (SEK) rates from different sources before making a conversion.
The above
Remitly - Sterling to Krona comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Remitly and other foreign exchange providers against the latest GBP-SEK mid-rate and the possible savings of using various providers.
How do Remitly GBP-SEK rates compare between providers?
Looking at the full
GBP to SEK - Send Money comparison table the provider with the best GBP to SEK exchange rate is OFX at 12.91, -0.46% from the latest mid-market rate 12.97.
The next best is Wise at 12.91, -0.46% from the mid-rate.
Then XE at 12.89, which is -0.62% from the mid-rate.
The Western Union rate is 12.84 which is -1% from the mid-rate.
Among the banks the Lloyds Bank rate is 12.23 at -5.7% the Royal Bank of Scotland rate is 12.3 at -5.2% and the Barclays Bank rate is 12.51 at -3.5% compared to the mid-rate 12.97.
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 Remitly or platforms that offer rates closer to the mid-market rate.