TSB Bank NZD to GBP Transfers Compared

   

GBP to NZD is currently at 2.3064, up 1.3% from its 3-month average. Analysts warn budget concerns may weigh on the GBP ahead of the autumn budget, while positive sentiment surrounds the NZD amid global recovery hopes. Stay alert for potential volatility in currency exchanges

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

The TSB Bank NZD to GBP exchange rate is 0.4103. This is -5.3% compared to the latest NZD-GBP mid-market rate 0.4333.

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 British pound (GBP) rates from different sources before making a conversion.

The above TSB Bank - Kiwi to Sterling 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-GBP mid-rate and the possible savings of using various providers. 

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

The next best is XE at 0.4307, -0.6% from the mid-rate.

Then Wise at 0.4303, which is -0.69% from the mid-rate.

Among the banks the ANZ Bank rate is 0.4895 at 13% the BNZ Bank rate is 0.4129 at -4.7% and the TSB Bank rate is 0.4103 at -5.3% compared to the mid-rate 0.4333.

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.