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 MXN?
The best GBP to MXN exchange rate is 25.74 from Wise. This is -0.46% compared to the mid-market rate 25.86.
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 Mexican peso (MXN) rates from different sources before making a conversion.
The above
Travelex Online - Sterling to Peso 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-MXN mid-rate and the possible savings of using various providers.
How do Travelex Online GBP-MXN rates compare between providers?
Looking at the full
GBP to MXN - Send Money comparison table the provider with the best GBP to MXN exchange rate is Wise at 25.74, -0.46% from the latest mid-market rate 25.86.
The next best is OFX at 25.73, -0.5% from the mid-rate.
Then XE at 25.7, which is -0.62% from the mid-rate.
The Western Union rate is 25.6 which is -1% from the mid-rate.
Among the banks the Lloyds Bank rate is 24.41 at -5.6% the Royal Bank of Scotland rate is 24.57 at -5% and the Barclays Bank rate is 24.95 at -3.5% compared to the mid-rate 25.86.
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.