Wise (Formerly TransferWise) Exchange Rates

Wise.com 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, Wise 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.

Wise (Formerly TransferWise) Exchange Rates

Based on rate structure for 2020 which has changed slightly. You can view the current rates on Wise’s website.

Currency Pair Real Interbank Rate Estimated Quote Wise
GBP to EUR 1.2000 EUR  1.1940 EUR
EUR to GBP 0.8333 GBP  0.8314 GBP
GBP to AUD 1.8793 AUD  1.8699 AUD
AUD to GBP 0.5321 GBP  0.5305 GBP
GBP to USD 1.3608 USD  1.3540 USD
USD to GBP 0.7349 GBP  0.7329 GBP
AUD to NZD 1.0688 NZD 1.0655 NZD
GBP to NZD 2.0086 NZD 1.9985 NZD
USD to NZD 1.4760 NZD 1.4720 NZD
NZD to AUD 0.9356 AUD 0.9331 AUD
NZD to GBP 0.4979 GBP 0.4965 GBP
NZD to USD 0.6775 USD 0.6757 USD
GBP to SGD 1.8319 SGD 1.8228 SGD
AUD to SGD 0.9748 SGD  0.9718 SGD
USD to SGD 1.3462 SGD 1.3426 SGD
SGD to GBP 0.5459 GBP 0.5431 GBP
SGD to AUD 1.0259 AUD  1.0207 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 Wise 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:

  • Wise 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 (only accepts businesses and online sellers but has a fixed rate structure which is better than Wise’s), as well as brokerages like Currencies Direct, Moneycorp and TorFX who can potentially beat Wise’s rates on larger transactions.

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.

Sign Up – View Live Rates