What is the
Western Union Send Money conversion rate for USD to ISK?
The Western Union USD to ISK exchange rate is 118.85. This is -1.6% compared to the latest USD-ISK mid-market rate 120.78.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
US dollar (USD) to Icelandic krona (ISK) rates from different sources before making a conversion.
The above
Western Union - Dollar to Krona comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Western Union and other foreign exchange providers against the latest USD-ISK mid-rate and the possible savings of using various providers.
How do Western Union USD-ISK rates compare between providers?
Looking at the full
USD to ISK - Send Money comparison table the provider with the best USD to ISK exchange rate is Wise at 119.99, -0.65% from the latest mid-market rate 120.78.
The next best is Western Union at 118.85, -1.6% from the mid-rate.
Then WorldRemit at 117.88, which is -2.4% from the mid-rate.
Among the banks the Chase Bank rate is 109.91 at -9% the Wells Fargo Bank rate is 109.19 at -9.6% and the Citibank rate is 114.74 at -5% compared to the mid-rate 120.78.
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 Western Union or platforms that offer rates closer to the mid-market rate.