What is the
Western Union Send Money conversion rate for USD to LKR?
The Western Union USD to LKR exchange rate is 294.87. This is -1.6% compared to the latest USD-LKR mid-market rate 299.67.
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 Sri Lankan rupee (LKR) rates from different sources before making a conversion.
The above
Western Union - Dollar to Sri Lankan rupee 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-LKR mid-rate and the possible savings of using various providers.
How do Western Union USD-LKR rates compare between providers?
Looking at the
full comparison table
the best USD to LKR exchange rate is 297.87 from XE, -0.6% from the mid-market rate 299.67. The next best rate is 297.72 from Wise, -0.65% from the mid-rate. Then Western Union with 294.87 is -1.6% from the mid-rate.
Among the banks the Chase Bank rate is 273.95 at -8.6% the Wells Fargo Bank rate is 272.15 at -9.2% and the Citibank rate is 285.93 at -4.6% compared to the mid-rate 299.67.
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.