Wise - NZD Rate Margin Analysis
The average NZD rate margin offered by Wise is 0.61%.
This average is based on individual NZD 10K transfer rates in the currency pairs from Wise that we monitor.
Wise - Best and Worst Value Rates
The tables below show the best and worst exchange rate margins offered by Wise for New Zealand dollar (NZD 10K)
transactions. Margins show the percentage difference from the mid-market rate.
Wise Best Value Rates (Lowest Margins)
| Currency Pair |
Wise Rate |
Mid Market Rate |
Margin |
|
NZD/CHF
|
0.4702 |
0.4707 |
0.1% |
|
NZD/DKK
|
3.8012 |
3.8057 |
0.1% |
|
NZD/AUD
|
0.8326 |
0.8336 |
0.1% |
|
NZD/CAD
|
0.8167 |
0.8177 |
0.1% |
|
NZD/NOK
|
5.6241 |
5.6310 |
0.1% |
Wise Worst Value Rates (Highest Margins)
| Currency Pair |
Wise Rate |
Mid Market Rate |
Margin |
|
NZD/SCR
|
8.1278 |
7.6845 |
-5.8% |
|
NZD/TOP
|
1.3459 |
1.4015 |
4.0% |
|
NZD/MAD
|
5.3305 |
5.4164 |
1.6% |
|
NZD/KWD
|
0.1774 |
0.1802 |
1.5% |
|
NZD/PEN
|
1.9661 |
1.9856 |
1.0% |
Wise timing, safeguarding and support
Wise shows an estimated arrival before confirmation. Some transfers are immediate or same-day; others take several business days depending on funding, currencies, banking hours, recipient processing and verification.
Most transfers use a guaranteed rate for a stated period. Wise must receive the full payment in time for that rate to apply. Some routes use a live rate, so the recipient amount can change before processing.
Wise safeguards eligible customer money separately from its operating funds under market-specific rules. Safeguarding is not the same as ordinary bank deposit insurance, and investment products have separate terms.
Wise offers authenticated online support and regional telephone support. Its current help page states that phone lines are open 24/7, although customers should log in to see the appropriate number and options.
Verify recipient details carefully. Safeguarding does not reimburse an authorised transfer sent to a scammer.
What is the
Wise Send Money conversion rate for NZD to JPY?
The Wise NZD to JPY exchange rate is 94.04. This is -0.64% compared to the latest NZD-JPY mid-market rate 94.65.
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 Japanese yen (JPY) rates from different sources before making a conversion.
The above
Wise - Kiwi to Yen comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Wise and other foreign exchange providers against the latest NZD-JPY mid-rate and the possible savings of using various providers.
How do Wise NZD-JPY rates compare between providers?
Looking at the full
NZD to JPY - Send Money comparison table the provider with the best NZD to JPY exchange rate is OFX at 94.18, -0.5% from the latest mid-market rate 94.65.
The next best is XE at 94.08, -0.6% from the mid-rate.
Then Wise at 94.04, which is -0.64% from the mid-rate.
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 Wise or platforms that offer rates closer to the mid-market rate.