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||1.0666 NZD||1.0559 NZD to 1.0613 NZD|
|GBP to NZD||1.9445 NZD||1.9250 NZD to 1.9347 NZD|
|USD to NZD||1.5029 NZD||1.4879 NZD to 1.4954 NZD|
|NZD to AUD||0.9376 AUD||0.9282 AUD to 0.9329 AUD|
|NZD to GBP||0.5143 GBP||0.5091 GBP to 0.5117 GBP|
|NZD to USD||0.6654 USD||0.6607 USD to 0.6620 USD|
|GBP to SGD||1.7557 SGD||1.7545 SGD to 1.7470 SGD|
|AUD to SGD||0.9631 SGD||0.9624 SGD to 0.9582 SGD|
|USD to SGD||1.3571 SGD||1.3561 SGD to 1.3503 SGD|
|SGD to GBP||0.5696 GBP||0.5692 GBP to 0.5667 GBP|
|SGD to AUD||1.0384 AUD||1.0376 AUD to 1.0332 AUD|
|SGD to USD||0.7369 USD||0.7364 USD to 0.7332 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.