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 NZD?
The best GBP to NZD exchange rate is 2.2519 from Wise. This is -0.45% compared to the mid-market rate 2.2621.
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 New Zealand dollar (NZD) rates from different sources before making a conversion.
The above
Travelex Online - Sterling to Kiwi 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-NZD mid-rate and the possible savings of using various providers.
How do Travelex Online GBP-NZD rates compare between providers?
Looking at the full
GBP to NZD - Send Money comparison table the provider with the best GBP to NZD exchange rate is Wise at 2.2519, -0.45% from the latest mid-market rate 2.2621.
The next best is OFX at 2.2508, -0.5% from the mid-rate.
Then XE at 2.2485, which is -0.6% from the mid-rate.
The Western Union rate is 2.2395 which is -1% from the mid-rate.
Among the banks the Lloyds Bank rate is 2.1437 at -5.2% the Royal Bank of Scotland rate is 2.1573 at -4.6% and the Barclays Bank rate is 2.1829 at -3.5% compared to the mid-rate 2.2621.
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.