Travelex - AUD Rate Margin Analysis
The average AUD rate margin offered by Travelex is 11.7%.
This average is based on individual AUD 10K transfer rates in the currency pairs from Travelex that we monitor.
Travelex - Best and Worst Value Rates
The tables below show the best and worst exchange rate margins offered by Travelex for Australian dollar (AUD 10K)
transactions. Margins show the percentage difference from the mid-market rate.
Travelex Best Value Rates (Lowest Margins)
| Currency Pair |
Travelex Rate |
Mid Market Rate |
Margin |
|
AUD/USD
|
0.6418 |
0.6583 |
2.5% |
|
AUD/USD
|
0.6418 |
0.6583 |
2.5% |
|
AUD/USD
|
0.6408 |
0.6583 |
2.7% |
|
AUD/EUR
|
0.5503 |
0.5670 |
2.9% |
|
AUD/EUR
|
0.5503 |
0.5670 |
2.9% |
Travelex Worst Value Rates (Highest Margins)
| Currency Pair |
Travelex Rate |
Mid Market Rate |
Margin |
|
AUD/KES
|
65.45 |
85.11 |
23.1% |
|
AUD/TOP
|
1.2241 |
1.5849 |
22.8% |
|
AUD/WST
|
1.4394 |
1.8438 |
21.9% |
|
AUD/SBD
|
4.2594 |
5.4179 |
21.4% |
|
AUD/EGP
|
24.73 |
31.14 |
20.6% |
What is the
best Send Money conversion rate for AUD to SBD?
The best AUD to SBD exchange rate is 5.3652 from Western Union. This is -1% compared to the mid-market rate 5.4194.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Australian dollar (AUD) to Solomon Islands dollar (SBD) rates from different sources before making a conversion.
The above
Travelex Online - Aussie to Solomon Islands dollar comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Travelex Online and other foreign exchange providers against the latest AUD-SBD mid-rate and the possible savings of using various providers.
How do Travelex Online AUD-SBD rates compare between providers?
Looking at the full
AUD to SBD - Send Money comparison table the provider with the best AUD to SBD exchange rate is Western Union at 5.3652, -1% from the latest mid-market rate 5.4194.
The next best is Wise at 5.3494, -1.3% from the mid-rate.
Then OFX at 4.8355, which is -10.8% from the mid-rate.
Among the banks the Commonwealth Bank rate is 5.0842 at -6.2% the ANZ Bank rate is 5.131 at -5.3% and the ING Bank rate is 4.6521 at -14.2% compared to the mid-rate 5.4194.
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 Travelex Online or platforms that offer rates closer to the mid-market rate.