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||1.0374 NZD||1.0270 NZD to 1.0322 NZD|
|GBP to NZD||1.8706 NZD||1.8519 NZD to 1.8612 NZD|
|USD to NZD||1.4594 NZD||1.4448 NZD to 1.4521 NZD|
|NZD to AUD||0.9640 AUD||0.9543 AUD to 0.9591 AUD|
|NZD to GBP||0.5346 GBP||0.5293 GBP to 0.5319 GBP|
|NZD to USD||0.6852 USD||0.6804 USD to 0.6818 USD|
|GBP to SGD||1.7407 SGD||1.7394 SGD to 1.7319 SGD|
|AUD to SGD||0.9653 SGD||0.9647 SGD to 0.9605 SGD|
|USD to SGD||1.3580 SGD||1.3570 SGD to 1.3512 SGD|
|SGD to GBP||0.5745 GBP||0.5741 GBP to 0.5716 GBP|
|SGD to AUD||1.0359 AUD||1.0352 AUD to 1.0307 AUD|
|SGD to USD||0.7364 USD||0.7359 USD to 0.7327 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.