XE is a Canadian founded company that has been involved in the world of online currency conversion since 1995, where it has become a one-stop shop for all things foreign exchange, including international money transfers (IMT). Since then it has continued to stay a big player in the currency conversion game, providing transfers for over 33,000 people and 2,000 businesses every year.
Rates and fees verified as correct at 10 July, 2020. Other information correct at the time of writing.
XE has a long list of 60 currencies it exchanges, from the Thai Baht to the Danish Krone. Here on Mozo we compare the rates of XE’s currencies so you know what’s on offer. Just enter the amount you want to exchange below and you’ll get the conversion you need to know.
|Currency||At today's XE Rate, 1 AUD buys*||For 10,000 AUD recipient will get|
|United States Dollars (USD) USD||USD 0.6933||USD 6,933||Go to site |
|Euros (EUR) EUR||EUR 0.614||EUR 6,140||Go to site |
|Great Britain Pounds (GBP) GBP||GBP 0.5497||GBP 5,497||Go to site |
|Canadian Dollars (CAD) CAD||CAD 0.9422||CAD 9,422||Go to site |
|Chinese Yuan (CNY) CNY||CNY 4.8653||CNY 48,653||Go to site |
|Danish Krone (DKK) DKK||DKK 4.5847||DKK 45,847||Go to site |
|Hong Kong Dollars (HKD) HKD||HKD 5.3738||HKD 53,738||Go to site |
|Indian Rupee (INR) INR||INR 52.2863||INR 522,863||Go to site |
|Indonesian Rupiah (IDR) IDR||IDR 10038.1417||IDR 100,381,417||Go to site |
|Japanese Yen (JPY) JPY||JPY 74.0414||JPY 740,414||Go to site |
|Malaysian Ringgit (MYR) MYR||MYR 2.9656||MYR 29,656||Go to site |
|New Zealand Dollars (NZD) NZD||NZD 1.0552||NZD 10,552||Go to site |
|Norwegian Krone (NOK) NOK||NOK 6.567||NOK 65,670||Go to site |
|Philippine Peso (PHP) PHP||PHP 34.3641||PHP 343,641||Go to site |
|Saudi Riyal (SAR) SAR||SAR 2.6062||SAR 26,062||Go to site |
|Singapore Dollars (SGD) SGD||SGD 0.9648||SGD 9,648||Go to site |
|South African Rand (ZAR) ZAR||ZAR 11.7294||ZAR 117,294||Go to site |
|Swedish Krona (SEK) SEK||SEK 6.3797||SEK 63,797||Go to site |
|Swiss Francs (CHF) CHF||CHF 0.6543||CHF 6,543||Go to site |
|Thai Baht (THB) THB||THB 21.7423||THB 217,423||Go to site |
|UAE Dirham (AED) AED||AED 2.5524||AED 25,524||Go to site |
Signing up for a personal or business XE account is free and easy, and even once you’ve signed up you’re under no obligation to make a transfer. When making an account these are the main things you’ll want to know:
Transfer speed: Transfer speed varies depending on the currencies, bank accounts and payment type you’re dealing with but you can usually expect the payment to be completed 1-4 days after it’s originally sent.
Transfer limits: XE has no minimum transfer limit and no maximum transfer limit when paying via phone, however there is a $500,000 USD (or currency equivalent) limit for online transfers per transaction.
Fee free: When you exchange currency with XE you’ll be glad to know there’s no extra fees. However fees may be applied by banks receiving or sending the money, so check with your bank before making a transfer to be sure.
Available currencies: XE provides transfer access to 60 world currencies across 170 countries, so no matter where you’re going XE will likely have you covered.
XE offers a bunch of different services that let you transfer money for many different reasons. Some key features to know about include:
|Online transferOnline transfer|
XE is an online platform that allows you to transfer your funds quickly and easily through its secured internet platform. So whether you’re chilling in the Alps or kicking it in your bedroom, you will have 24/7 access to currency transfer.
|Business accountsBusiness accounts|
XE also offer business accounts that specialise in helping businesses move their funds internationally. Whether you’re a large corporation or a small startup, XE provides a great platform for buying and selling overseas.
|Limit ordersLimit orders|
Limit orders let you make a transfer when your currency of choice hits a certain value. You’ll receive a notification from XE when your nominated rate is available and your transfer will go through. This can be really helpful if you are planning overseas travel far in advance and want a really good rate, but you don’t want to spend everyday checking exchange rates to get it.
XE understands that having peace of mind and knowing your money is safe is of the utmost importance, which is why they use Norton security. It’s also Australian finance certified, holding an AFSL from ASIC, so you know you’re in safe hands when transferring with XE.
XE offers a lot of different features and comes with a great history in the world of international money transfer. Aside from that, here are some of the top reasons you should consider XE:
Visit XE websiteGo to site
XE has a simple online account set up which varies slightly depending on whether you are signing up for a personal or business account. When creating an account you’ll need to provide personal and identifying information, as well as some info about what sort of transfers you want to do. The XE IMT process goes something like this: