TransferWise prides itself in transparency, and unlike other currency provider, you can actually view which fees and rates you are going to receive prior to your transfer. In fact, TransferWise is so fair, that a person moving £1,000 will get the same rates as someone who sending a million! The markups they apply are not volume-dependent which is great news for those who are sending small regular transfers abroad. If you view World First Rates or TorFX rates, it will be structured completely different than TransferWise exchange rates and fees.
TransferWise Exchange Rates
Click “Choose” to view live rates on Transferwise.com
|Currency Pair||Real Interbank Rate||Estimated Quote TransferWise|
|AUD to NZD||1.0588 NZD||1.0482 NZD to 1.0535 NZD|
|GBP to NZD||1.9398 NZD||1.9204 NZD to 1.9301 NZD|
|USD to NZD||1.5406 NZD||1.5252 NZD to 1.5329 NZD|
|NZD to AUD||0.9444 AUD||0.9350 AUD to 0.9397 AUD|
|NZD to GBP||0.5155 GBP||0.5104 GBP to 0.5130 GBP|
|NZD to USD||0.6491 USD||0.6446 USD to 0.6459 USD|
|GBP to SGD||1.7265 SGD||1.7252 SGD to 1.7178 SGD|
|AUD to SGD||0.9424 SGD||0.9417 SGD to 0.9377 SGD|
|USD to SGD||1.3712 SGD||1.3702 SGD to 1.3643 SGD|
|SGD to GBP||0.5792 GBP||0.5788 GBP to 0.5763 GBP|
|SGD to AUD||1.0611 AUD||1.0604 AUD to 1.0558 AUD|
|SGD to USD||0.7293 USD||0.7288 USD to 0.7257 USD|
- We do not guarantee the accuracy of these quotes. Exchange rate constantly fluctuate and by the the time you ask for a quote it may change.
Comparative View on TransferWise Fees/ Rates
Do you want to see how Transferwise’s fees and exchange rates match up against competitors? View the following comparisons:
Essentially, we can say the following:
- Transferwise is the cheapest company for low-value transfers bar none
- Their best routes are Pound-Euro. On the US Dollar they are not the cheapest, and Australian Dollar they are cheap but not as cheap.
- On large transfers, especially with our preferential rates, they are beaten by World First and TorFX for all currency pairings
Also, it is important to remember that you will secure the LIVE rate only if you book a transfer and check the part that says “secure rate”. Else, the rate can fluctuate until the funds are received to cover the transfer.