What is the
WorldRemit Send Money conversion rate for TZS to SGD?
The WorldRemit TZS to SGD exchange rate is 0.0005. This is 3.1% compared to the latest TZS-SGD mid-market rate 0.000485.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Tanzanian shilling (TZS) to Singapore dollar (SGD) rates from different sources before making a conversion.
The above
WorldRemit - Shilling to Singapore dollar 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 TZS-SGD mid-rate and the possible savings of using various providers.
How do WorldRemit TZS-SGD rates compare between providers?
Looking at the full
TZS to SGD - Send Money comparison table the provider with the best TZS to SGD exchange rate is WorldRemit at 0.0005, 3.1% from the latest mid-market rate 0.000485.
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.