What are the ANZ Bank rates for other currencies?
The table below shows ANZ Bank Australian dollar (AUD) Send Money exchange rates with the percentage of margin being charged from the current market mid-rate :
ANZ Bank Send Money Exchange Rates
What is the
ANZ Bank Send Money conversion rate for AUD to NZD?
The ANZ Bank AUD to NZD exchange rate is 1.0446. This is -3.2% compared to the latest AUD-NZD mid-market rate 1.0791.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Australian dollar (AUD) to New Zealand dollar (NZD) rates from different sources before making a conversion.
The above
ANZ Bank - Aussie to Kiwi comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
ANZ Bank and other foreign exchange providers against the latest AUD-NZD mid-rate and the possible savings of using various providers.
How do ANZ Bank AUD-NZD rates compare between providers?
Looking at the full
AUD to NZD - Send Money comparison table the provider with the best AUD to NZD exchange rate is OFX at 1.0737, -0.5% from the latest mid-market rate 1.0791.
The next best is XE at 1.0726, -0.6% from the mid-rate.
Then Wise at 1.0721, which is -0.65% from the mid-rate.
The Western Union rate is 1.0683 which is -1% from the mid-rate.
Among the banks the Commonwealth Bank rate is 1.0366 at -3.9% the ANZ Bank rate is 1.0446 at -3.2% and the ING Bank rate is 1.0321 at -4.4% compared to the mid-rate 1.0791.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like ANZ Bank 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
or platforms that offer rates closer to the mid-market rate.