What are the Travelex Online rates for other currencies?
The table below shows Travelex New Zealand dollar (NZD) 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 NZD to CNY?
The best NZD to CNY exchange rate is 4.2844 from Wise. This is -0.7% compared to the mid-market rate 4.3146.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
New Zealand dollar (NZD) to Chinese yuan (CNY) rates from different sources before making a conversion.
The above
Travelex Online - Kiwi to Yuan 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 NZD-CNY mid-rate and the possible savings of using various providers.
How do Travelex Online NZD-CNY rates compare between providers?
Looking at the full
NZD to CNY - Send Money comparison table the provider with the best NZD to CNY exchange rate is Wise at 4.2844, -0.7% from the latest mid-market rate 4.3146.
The next best is WorldRemit at 4.1938, -2.8% from the mid-rate.
Then OFX at 4.1593, which is -3.6% from the mid-rate.
Among the banks the ANZ Bank rate is 4.073 at -5.6% the BNZ Bank rate is 4.0255 at -6.7% and the TSB Bank rate is 3.9997 at -7.3% compared to the mid-rate 4.3146.
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.