TSB Bank NZD to CAD Transfers Compared

   

CAD to NZD at 1.2367, up 1.5% from the 3-month avg. Analysts cite rising oil prices benefiting the CAD, while the NZD struggles post-RBNZ rate cut and rising unemployment. The interplay between these factors will be key in future movements

@bestfxrates   

   

What is the TSB Bank Send Money conversion rate for NZD to CAD?

The TSB Bank NZD to CAD exchange rate is 0.7649. This is -5.5% compared to the latest NZD-CAD mid-market rate 0.8096.

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 Canadian dollar (CAD) rates from different sources before making a conversion.

The above TSB Bank - Kiwi to Loonie comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by TSB Bank and other foreign exchange providers against the latest NZD-CAD mid-rate and the possible savings of using various providers. 

How do TSB Bank NZD-CAD rates compare between providers?

Looking at the full NZD to CAD - Send Money comparison table the provider with the best NZD to CAD exchange rate is OFX at 0.8056, -0.49% from the latest mid-market rate 0.8096.

The next best is XE at 0.8047, -0.61% from the mid-rate.

Then Wise at 0.8039, which is -0.7% from the mid-rate.

Among the banks the ANZ Bank rate is 0.8255 at 2% the BNZ Bank rate is 0.7698 at -4.9% and the TSB Bank rate is 0.7649 at -5.5% compared to the mid-rate 0.8096.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like TSB Bank 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 or platforms that offer rates closer to the mid-market rate.