Exchange rates play a crucial role in international money transfers. In this post, we explain how exchange rates work and their impact on your transactions. Learn about the factors that influence exchange rates, such as economic indicators and market speculation.

We also discuss the difference between mid-market rates and the rates offered by money transfer services. By understanding these concepts, you can make informed decisions about when to send money and get the best value for your transfers. Gain insights into how Solid State Finance offers competitive rates to maximize your savings.