Royal Bank of Scotland GBP to NZD Transfers Compared

   

GBP is holding steady at 2.2787 NZD as BoE maintains interest rates amid UK inflation issues. In contrast, RBNZ's recent 25bps cut sees NZD facing challenges from domestic demand and U.S. tariffs. Analysts warn to watch upcoming data for market shifts

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What is the Royal Bank of Scotland Send Money conversion rate for GBP to NZD?

The Royal Bank of Scotland GBP to NZD exchange rate is 2.1779. This is -4.6% compared to the latest GBP-NZD mid-market rate 2.2824.

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 New Zealand dollar (NZD) rates from different sources before making a conversion.

The above Royal Bank of Scotland - Sterling to Kiwi comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Royal Bank of Scotland and other foreign exchange providers against the latest GBP-NZD mid-rate and the possible savings of using various providers. 

How do Royal Bank of Scotland GBP-NZD rates compare between providers?

Looking at the full GBP to NZD - Send Money comparison table the provider with the best GBP to NZD exchange rate is Wise at 2.2721, -0.45% from the latest mid-market rate 2.2824.

Then XE at 2.2687, which is -0.6% from the mid-rate.

The Western Union rate is 2.2595 which is -1% from the mid-rate.

Among the banks the Lloyds Bank rate is 2.1642 at -5.2% the Royal Bank of Scotland rate is 2.1779 at -4.6% and the Barclays Bank rate is 2.2025 at -3.5% compared to the mid-rate 2.2824.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Royal Bank of Scotland 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.