What is the
TD Bank Send Money conversion rate for USD to SBD?
The TD Bank USD to SBD exchange rate is 7.2236. This is -13.5% compared to the latest USD-SBD mid-market rate 8.3474.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
US dollar (USD) to Solomon Islands dollar (SBD) rates from different sources before making a conversion.
The above
TD Bank - Dollar to Solomon Islands dollar comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
TD Bank and other foreign exchange providers against the latest USD-SBD mid-rate and the possible savings of using various providers.
How do TD Bank USD-SBD rates compare between providers?
Looking at the
full comparison table
the best USD to SBD exchange rate is 8.2931 from Wise, -0.65% from the mid-market rate 8.3474. The next best rate is 8.2138 from Western Union, -1.6% from the mid-rate. Then WorldRemit with 8.1471 is -2.4% from the mid-rate.
Among the banks the Chase Bank rate is 7.0149 at -16% the Wells Fargo Bank rate is 6.9648 at -16.6% and the Citibank rate is 7.3488 at -12% compared to the mid-rate 8.3474.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like TD 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.