What is the
WorldRemit Send Money conversion rate for NZD to INR?
The WorldRemit NZD to INR exchange rate is 51.09. This is -1.9% compared to the latest NZD-INR mid-market rate 52.08.
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 Indian rupee (INR) rates from different sources before making a conversion.
The above
WorldRemit - Kiwi to Rupee comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
WorldRemit and other foreign exchange providers against the latest NZD-INR mid-rate and the possible savings of using various providers.
How do WorldRemit NZD-INR rates compare between providers?
Looking at the full
NZD to INR - Send Money comparison table the provider with the best NZD to INR exchange rate is XE at 51.77, -0.6% from the latest mid-market rate 52.08.
The next best is Wise at 51.72, -0.69% from the mid-rate.
Then WorldRemit at 51.09, which is -1.9% from the mid-rate.
Among the banks the ANZ Bank rate is 49.7445 at -4.5% the BNZ Bank rate is 48.43 at -7% and the TSB Bank rate is 48.12 at -7.6% compared to the mid-rate 52.08.
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 WorldRemit or platforms that offer rates closer to the mid-market rate.