What are the Travelex Online rates for other currencies?
The table below shows Travelex British pound (GBP) Send Money exchange rates with the percentage of margin being charged from the current market mid-rate :
Currency route |
Mid market rate |
Travelex Send Money Rate |
Cost% |
Travelex Send Money Exchange Rates
What is the
best Send Money conversion rate for GBP to JPY?
The best GBP to JPY exchange rate is 198.3 from Wise. This is -0.45% compared to the mid-market rate 199.20.
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 Japanese yen (JPY) rates from different sources before making a conversion.
The above
Travelex Online - Sterling to Yen 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 GBP-JPY mid-rate and the possible savings of using various providers.
How do Travelex Online GBP-JPY rates compare between providers?
Looking at the full
GBP to JPY - Send Money comparison table the provider with the best GBP to JPY exchange rate is Wise at 198.3, -0.45% from the latest mid-market rate 199.20.
The next best is OFX at 198.2, -0.5% from the mid-rate.
Then XE at 198, which is -0.6% from the mid-rate.
The Western Union rate is 197.21 which is -1% from the mid-rate.
Among the banks the Lloyds Bank rate is 188.37 at -5.4% the Royal Bank of Scotland rate is 189.57 at -4.8% and the Barclays Bank rate is 192.23 at -3.5% compared to the mid-rate 199.20.
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.