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|
|GBP to EUR||1.1306 EUR||1.1249 EUR|
|EUR to GBP||0.8845 GBP||0.8825 GBP|
|GBP to AUD||2.0385 AUD||2.0283 AUD|
|AUD to GBP||0.4906 GBP||0.4890 GBP|
|GBP to USD||1.2217 USD||1.2156 USD|
|USD to GBP||0.8185 GBP||0.8163 GBP|
|AUD to NZD||1.0239 NZD||1.0207 NZD|
|GBP to NZD||2.0872 NZD||2.0768 NZD|
|USD to NZD||1.7085 NZD||1.7039 NZD|
|NZD to AUD||0.9767 AUD||0.9740 AUD|
|NZD to GBP||0.4791 GBP||0.4778 GBP|
|NZD to USD||0.5853 USD||0.5837 USD|
|GBP to SGD||1.7591 SGD||1.7503 SGD|
|AUD to SGD||0.8629 SGD||0.8603 SGD|
|USD to SGD||1.4399 SGD||1.4360 SGD|
|SGD to GBP||0.5685 GBP||0.5656 GBP|
|SGD to AUD||1.1588 AUD||1.1530 AUD|
- 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 Rates/ Fees
Do you want to see how Transferwise rates and fees 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.