Travelex - AUD Rate Margin Analysis
The average AUD rate margin offered by Travelex is 11.4%.
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.
What is the best Send Money conversion rate for AUD to USD?
The best AUD to USD exchange rate is 0.6954 from OFX . This is -0.5% compared to the mid-market rate 0.6989.
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 US dollar (USD) rates from different sources before making a conversion.
The above Travelex Online - Aussie to 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-USD mid-rate and the possible savings of using various providers.
How do Travelex Online AUD-USD rates compare between providers?
Looking at the full AUD to USD - Send Money comparison table the provider with the best AUD to USD exchange rate is OFX at 0.6954, -0.5% from the latest mid-market rate 0.6989.
The next best is XE at 0.6947, -0.6% from the mid-rate.
Then Wise at 0.6943, which is -0.66% from the mid-rate.
The Western Union rate is 0.6884 which is -1.5% from the mid-rate.
Among the banks the Commonwealth Bank rate is 0.6799 at -2.7% the ANZ Bank rate is 0.6854 at -1.9% and the ING Bank rate is 0.6229 at -10.9% compared to the mid-rate 0.6989.
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.
